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Wage & Hour mistakes can prove extremely expensive
17 March 2017
Wage and Hour calculations are sometimes
tricky, but that is no excuse for making mistakes. Wage and Hour mistakes can
be extremely expensive for organizations. In 2015, the US Department of Labor
(DoL) collected close to a quarter of a billion dollars in back wages for
nearly a quarter of a million employees whose pay did not comply with the
requirements of the Fair Labor Standards Act (FLSA). Just a misclassification
of independent contractors resulted in a seven-figure settlement recently.
Equally surprising are these facts: The
number of FLSA-related lawsuits filed in federal courts went up by over 250
percent in 10 years. In 2014, monetary awards for Wage and Hour lawsuits
averaged over $ five million.
Enacted in 1938, the FLSA continues to be
the US law for determining wages. Although promulgated in a different era; the
FLSA has undergone changes over time and is now powerful enough to impose
embarrassingly high penalties on companies.
understanding of the FLSA’s Wage and Hour provisions is essential
All these facts point to the need for a
complete understanding of the FLSA. This is the only means to avoiding falling
into the DoL’s net, as most Wage and Hour mistakes are a result of not
understanding the provisions of the Wage and Hour legislation in thorough
A few common mistakes do happen even to
companies that think they are diligent in their understanding and implementation
of Wage and Hour provisions. It is to dispel misconceptions such as this that
TrainHR, a leading provider of professional trainings for the human resources
industry, will be organizing a webinar.
of top five Wage and Hour mistakes
Michael D. Haberman, co-founder of Omega HR
Solutions, Inc. a consulting and services company that offers complete human
resources solutions, and a consultant, speaker, writer and teacher, will be the
speaker at this webinar.
In order to get a thorough understanding of
the five common Wage and Hour mistakes and to avoid the possibility of
attracting penal actions from the DoL, please enroll for this webinar by
visiting http://www.trainhr.com/control/w_product/~product_id=701619? rubyconnection-SEO.
This webinar has been approved for 1 HR
(General) recertification credit hours toward aPHR, PHR, PHRca, SPHR, GPHR,
PHRi and SPHRi recertification through HR Certification Institute (HRCI).
to detail is at the heart of implementing Wage and Hour provisions
At this session, Michael will draw
participants’ attention to the top five Wage & Hour mistakes. Paying or not
paying attention to detail is often the difference between getting Wage and
Hour calculations right and ending up paying penalties. It is to such issues
that Michael will draw attention during this webinar. He will emphasize the
imperative for getting trained to give greater attention to detail, especially
in small companies, which are also now under tighter scrutiny from the DoL.
This session will be highly beneficial for
professionals who deal with Wage and Hour, such as HR managers, Office
managers, HR administrators, Managers, Supervisors, and Accountants and
Controllers with HR responsibility.
At this webinar on Wage and Hour, the
speaker will cover the following areas:
employees as exempt
Not tracking time properly
Not paying overtime as required
Not paying supplemental time
correctly (break time, travel time, etc.)
employees as independent contractors.