- Davis-Bacon Act, 1931
The first piece of legislation to consider the topic of, and actually establish, a minimum wage. Davis-Bacon, however, was (and still is) limited to the construction industry, specifically those contractors and subcontractors on
any and all federal government construction contracts
nonfederal government construction projects in excess of $2,000 that receive federal funding
Contractors and subcontractors who meet either of these criteria are required to provide laborers and mechanics who are employed at the actual worksite with wages and benefits that are equal to (or better than) what workers on similar local projects receive.
The fourth stage of the organizational life cycle, after which—if inertia has set in and ...