Compensation Solutions Blog
Human Resources Outsourcing (HRO – PEO – ASO – Payroll – Agency)

Posts Tagged "FLSA"

Employee Pay and Attendance Issues: When Bad Weather Strikes

Plan Ahead to Minimize Disruption It’s that time of year again, when snow and slippery conditions may make it difficult for your employees to travel to work. Consider the following guidelines that can help your company be prepared when bad weather strikes. 1. When an employee misses work due to bad weather conditions, whether the […]

DOL Issues Final Regulations Regarding Tip Rules Under the FLSA

The U.S. Department of Labor issued its final amendments to regulations interpreting the Fair Labor Standards Act (FLSA).  The final regulations, which take effect May 5, 2011, gives federal guidance with regard to employee tips.  Under the new regulations, employers can claim a tip credit of $5.12, up from $4.42 an hour.  Employers must notify […]

Federal Employee Misclassification Protection Legislation Introduced

Late last week, Ohio Senator Sherrod Brown introduced the Employee Misclassification Protection Act (EMPA), which would prevent and penalize workers from misclassifying workers as independent contractors, and provide those workers with the protections and benefits they would have earned.  The legislation would amend the Fair Labor Standards Act and the Social Security Act. Employers would […]

Government Works to Ensure Compliance with FLSA

 The U.S. Department of Labor (DOL) recently estimated that as much as 70% of all employers are out of compliance with the Fair Labor Standards Act.  To date, $1.4 billion in back wages have been recovered by the DOL on behalf of over two million employees.  Moreover, $252 million in settlements have been paid out […]

Banking Industry Targeted for Misclassification of Employees

Over the last year or so, the Department of Labor has been focusing on the banking and finance industries, with lawsuits being filed against the nation’s largest banking institutions for misclassifying employees.  Many companies are settling out of Court for staggering amounts, some near $100MM. The class of employees being scrutinized are stockbrokers, financial analysts, […]