Missed payroll results in company owing $200K
When employees didn’t get their paychecks when they were supposed to, it set off a chain of events that led to a health service company owing a sizeable amount in back wages.
According to a Department of Labor investigation, when Cogburn Health Services missed its payroll and failed to pay workers on their scheduled payday, it resulted in the company failing to pay the required minimum and overtime wages. And that’s something the agency has been coming down hard on companies for.
The Result: The company was required to pay $202,634 in back wages. In addition, Cogburn agreed to establish a payroll reserve to make sure its employees are always paid on a timely basis in the future.
- Share on
Free Training & Resources
Further Reading
A California carwash has agreed to a $1.2M settlement to resolve wage theft allegations, according to the California Labor Commissioner’s...
Confirming when federal legal and banking holidays will occur in 2024 can help you avoid surprises on paydays, tax deposit due dates and re...
Does a quarterly bonus trigger an overtime recalculation? A recent DOL opinion letter says it depends on how the bonus is structured – an...
The IRS has released proposed regulations, giving businesses needed details about tracking and reporting income based on tips. The One B...
Low-dollar-amount errors that appear on Form W-2 won’t lead to penalties. That’s the official word contained in final regulations from ...
Finally, you’ve completed the acquisition. As you move forward, don’t forget about this potential vulnerability: employees̵...
