Government Contractors laws & compensation compliance analysis

Government Contractors: What you need to know

An employer’s status as a contractor with the federal government brings the financial benefit of the contract itself, but with that financial benefit comes the serious responsibility of complying with the federal government's many rules and regulations imposed on contractors. The various laws that apply to contractors and the compliance measures that must be taken oftentimes depend on the number of employees a contractor has and the dollar amount of the contract with the federal government. The following materials outline many key obligations for federal government contractors.
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Employers are required to meet certain affirmative action obligations if they do business with the federal government and are covered by federal Rehabilitation Act of 1973 Section 503 (Section 503) , the Vietnam Era Veterans' Readjustment Assistance Act of 1974 (VEVRAA), Executive Order 11246, and the Jobs for Veterans Act. The threshold amounts for these laws begin at the $10,000 contract level, and compliance requirements increase as the amount of the contract and the size of the contractor's workforce increase.
An affirmative action program is a management tool designed to ensure equal opportunity in recruiting, hiring, training, promoting, and compensating individuals. Affirmative action goes beyond equal employment opportunity measures, requiring employers to eliminate discriminatory conditions, whether inadvertent or intentional, and to treat all employees equally in the workplace.
The OFCCP, part of the U.S. DOL, administers these laws and has issued regulations implementing each of them. Contractors' affirmative action ...

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