Spring is here and along with new flowers you’ll soon see some new faces around the office. It’s intern time for many companies as college students are out for the summer and look to build their resume. (more…)
Fair Labor Standards Act (FLSA)
It's finally here! After years of waiting and more than 200,000 public comments, the Department of Labor (DOL) just released the proposed rules overhauling the federal overtime system. (more…)
If your company pays any employees for two different types of work, be extra careful: That opens the door for pay mistakes that can be expensive. (more…)
Even if the DOL acknowledges a company made a minor, "common" mistake regarding overtime calculations, it doesn't mean the agency will let that company off the hook. (more…)
Even if they do have the best intentions, well-meaning managers are often the source of companies' wage-and-hour nightmares. (more…)
With all of the time your Finance department spends make sure everything pay-related gibes with FLSA standards, it's easy to see how state regs could be overlooked from time to time. Unfortunately for employers, those mistakes almost always prove…
CFOs are well aware of the common DOL actions for wage-and-hour violations: costly fines, penalties and extra work in the form of policy revisions, added training and compliance checks. But finance chiefs may be surprised to find some of the…
When the DOL released its 2018 Spring Regulatory Agenda, it not only offered some insight on its progress in creating a new salary threshold for overtime eligibility, it also suggested it may alter the methods in which employees’ pay is…
With the DOL poised to release a new set of changes to the overtime rules in the near future, employers’ pay practices will no doubt be under the microscope. (more…)
While the majority of industry experts expect the DOL to create a new overtime rule that sets the salary threshold somewhere in the $33K ballpark, there’s at least one person who sees a scenario where employers will have to comply…
Rounding nonexempt employees’ hours for pay purposes has always been a risky practice, and the feds have been cracking down on many firms that employ this practice. But does that mean you should avoid rounding altogether? (more…)
CFOs everywhere will likely want to double- or triple-check their job descriptions and classifications after hearing this company's unfortunate story. (more…)
