Some payroll staffers may assume that complying with IRS regulations is enough to keep their companies out of trouble. That's not the case -- there are a number of requirements under the Fair Labor Standards Act (FLSA) enforced by the…
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Learn MoreSome payroll staffers may assume that complying with IRS regulations is enough to keep their companies out of trouble. That's not the case -- there are a number of requirements under the Fair Labor Standards Act (FLSA) enforced by the…
Which Fair Labor Standards Act (FLSA) provision cost employers the most in back wages, according to the latest stats? If you guessed overtime, you'd be right -- by a long shot. Overtime was about five times costlier than the other…
A big reason employers are still allowing hybrid work is business benefits like reduced operating costs. But it's also harder to ensure employment laws are being followed by your entire team. Compliance missteps with federal employment laws are especially costly…
Nobody really wants to dock an employee's pay. But sometimes, it's the only step you can take for the sake of your company's bottom line - and in many cases, the person's continued employment. When it comes to docking an…
The U.S. Supreme Court has reached a decision in the case of a highly compensated employee who sued his employer for unpaid overtime. In Helix Energy Solutions Group Inc. v. Hewitt, the court said that although the employee earned more…
Finance pros with lingering compliance concerns about employees working remotely will find insight, albeit limited, in new guidance. In Field Assistance Bulletin 2023-1, the Department of Labor (DOL) discussed the implications of two laws for employers with teleworkers. The laws…
The Dept. of Labor (DOL) is still thinking about updating FLSA overtime rules affecting executive, administrative and professional employees. Based on the Biden administration’s regulatory agenda released on June 21, 2022, several reports indicate the DOL’s Wage and Hour Division…
If there are issues with a company's policies for payroll recordkeeping and overtime pay, Dept. of Labor (DOL) Wage and Hour Division investigators could come calling. Several employers across the country learned this the hard way – and they were…
The old adage is true: There’s no such thing as a free lunch – and you also can’t use that lunch as payment for employees, even if it’s on a volunteer basis. One location of a popular fast-food franchise learned…
Many employers welcome a fresh-faced crop of interns each summer, and often, they’re unpaid interns. A recent court case illustrates why you and your Payroll team should be careful when dealing with interns this summer and beyond. What courts say…
Recent settlements with companies like yours due to issues related to employee pay can remind your Payroll pros to continue to be cautious. Here are three recent fines from the Dept. of Labor (DOL) regarding specific situations that could trip…
Even the most careful employers can make payroll errors that could cost them big bucks, as outlined in a recent presentation at the 2022 American Payroll Association Congress. Between the Fair Labor Standards Act (FLSA) and state-specific wage and hour…
Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.