Navigation Links
Is Your Business Prepared to Pay $125,000 in Fines from a Wage and Hour Audit?
Date:8/23/2013

Duluth, Georgia (PRWEB) August 23, 2013

It’s never good news when the federal wage and hour division investigator turns up at a business after a worker complains. Owners can wind up mired in red tape – and on the hook for thousands of dollars in fines, even if they're doing their best to follow the regulations. For instance, according to a press release on the DOL's website published August 20, 2013, a company in Orlando, Florida was "found in violation of the Fair Labor Standards Act’s overtime and record-keeping provisions." This company agreed to pay nearly $125,000 in back wages for these violations.

These investigations increase every year. In one year alone, the Labor Department launched 32,000 actions against employers, forcing businesses to disgorge more than $170 million in back wages. The Fair Labor Standards Act, or FLSA, is what the Labor Department is enforcing. It sets national standards for minimum wages, overtime pay, recordkeeping, and child labor. Small businesses need to pay attention to the guidelines just as much as larger ones do.

“Everyone sees the headlines about fines in the millions for large companies, but small companies also can face stiff fines that could conceivably hurt them even more than a larger company,” said Will Beesley, VP of HR Strategies, based in Duluth, Georgia.

HR Strategies is a professional employer organization, or PEO. Small and medium-sized businesses turn to PEOs to handle complicated human resource chores – so much that they have become one of the fastest-growing service businesses in the country, taking over tasks like paying wages and payroll taxes. PEOs also help small business owners comply with the changes constantly coming from Washington in labor laws like the FLSA.

For businesses to stay out of trouble, a regular internal audit of wages and hours is important, according to Will Beesley, VP of HR Strategies. “If employers are too busy running the business and neglect their own internal audit, they could be in for a rude surprise,” he said. “All of the nuances of wage and hour laws can seem inexplicable to a small business owner. That’s why a professional employer organization can be a valuable ally.”

A majority of businesses aren't prepared to unexpectedly pay over $100,000 in fines. In business for over 25 years, HR Strategies helps employers in Georgia negotiate the increasingly complex world of state and federal employer regulations.

About HR Strategies

HR Strategies provides the customizable HR solutions (including but not limited to payroll, benefits, workers compensation, tax administration, regulatory compliance, HR consulting, training solutions) and expertise of a large corporation's personnel department in an affordable and effective solution. HR Strategies enables clients to reclaim time, stabilize and reduce labor costs, and stay compliant with government regulations.

Read the full story at http://www.prweb.com/releases/2013/8/prweb11054634.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. eDist Business Helps Resellers Increase Revenue with Dragon® Medical Practice Edition 2
2. Acclaimed Fitness Business Consultant Shows Personal Trainers How to Grow a Fitness Business with Search Engine Optimization
3. Shreveport Business Leaders Go Behind Bars for 'Good' to Support Ark-La-Tex MDA Services
4. Gourmet Chocolate Good for Business
5. 10 Steps to Create a Successful Fitness Business Empire Revealed in New Post by PT Power
6. Social Media: Casey Gollan’s tip sheet on Creating a Policy for Business
7. Email Lists Are More Necessary Than Ever Warns Top Business Coach Casey Gollan
8. Business Intelligence Market to reach $20.81 Billion by 2018 at a 8.3% CAGR - New Report by MarketsandMarkets
9. Fitness Modeling
10. “Insider's Guide To The Business Of Fitness Modeling” Teaches People How To Make Money As A Fitness Model – Health Review
11. Zane Benefits Publishes New Information on How Small Businesses Struggle With Health Insurance
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... , ... October 13, 2017 , ... Ellevate Network, the ... business to advocate for action towards gender equality at their inaugural Summit in New ... the globe, and reached a social audience of over 3 million. To watch the ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob ... sciatica in a new episode of "Success Files," which is an award-winning educational ... and investigates each subject in-depth with passion and integrity. , Sciatica occurs when ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: the Christian history ... The Brink” is the creation of published author, William Nowers. Captain Nowers and ... WWII veteran, he spent thirty years in the Navy. Following his career as ...
(Date:10/12/2017)... LA (PRWEB) , ... October 12, 2017 , ... Planet ... in the U.S., announced today its plans to open a flagship location in Covington, ... occupy the former Rooms To Go store next to Office Depot in the Holiday ...
(Date:10/12/2017)... ... 12, 2017 , ... The American College of Medical Informatics (ACMI) will present ... the Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium ... Collen, a pioneer in the field of medical informatics, this prestigious award is presented ...
Breaking Medicine News(10 mins):
(Date:9/27/2017)... CAESAREA, Israel and NEW YORK , Sept. ... company with mobile health and big data solutions, today announced that its ... today. Please check your local TV listings for when The Dr. Oz ... ... ninth season this month. ...
(Date:9/25/2017)... PROVIDENCE, R.I. , Sept. 25, 2017 /PRNewswire/ ... immunogenicity assessment, vaccine design, and immune-engineering today announced ... focused on the development of personalized therapeutic cancer ... and has provided exclusive access to enabling technologies ... MSc Eng., MBA will lead EpiVax Oncology as ...
(Date:9/22/2017)... 22, 2017  As the latest Obamacare repeal effort ... Cassidy (R-LA) and Lindsey Graham (R-SC) ... medical device industry is in an odd place.  The ... 2.3% excise tax on medical device sales passed along ... covered patients, increased visits and hospital customers with the ...
Breaking Medicine Technology: