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:6/27/2017)... ... June 27, 2017 , ... Dr. Richard Amato, a ... of his practice, Advanced Periodontics and Dental Implant Center of Connecticut. As part of ... and waiting areas. The renovations are intended to improve patient comfort while making it ...
(Date:6/27/2017)... ... , ... Today, June 27th is PTSD Awareness Day. Over half a million ... adequate care due to lack of effective treatments, fear of stigma or insufficient government ... untreated, veterans are at an increased risk for self-destructive behavior, including alcohol/drug abuse, depression, ...
(Date:6/27/2017)... CA (PRWEB) , ... June 27, 2017 , ... East ... crooked bites can indicate about early life experiences. What happens to a woman during ... that stresses after birth can also take a toll on a baby’s long-term health. ...
(Date:6/26/2017)... ... June 26, 2017 , ... Torrance dentist, Dr. Robert ... one of the most noticeable aspects of a person’s appearance. A healthy, radiant smile ... born with beautiful, balanced teeth, everyone can have the smile of their dreams with ...
(Date:6/26/2017)... ... June 26, 2017 , ... Dr. ... Medicine Specialists, in collaboration with the Fertility Center of California, is pleased to ... (percutaneous epidydimal sperm aspiration) and TESA (percutaneous testicular sperm extraction). These minimally invasive ...
Breaking Medicine News(10 mins):
(Date:6/1/2017)... 1, 2017 Nutriceutical Holdings (NH), parent company ... (VRS), and KD Pharma Group have decided to join ... KD Pharma Group. KD Pharma Group will become the ... acquire the entire company. "We believe we ... committed to growing the NH companies by providing us ...
(Date:5/30/2017)... Therapix Biosciences Ltd. (Nasdaq: TRPX), a ... development of cannabinoid-based drugs, today announced that the ... three upcoming scientific and investor conferences in June: ... ... Wednesday, June 7 ...
(Date:5/26/2017)... 25, 2017  In response to the opioid epidemic ... Relief is working with Pfizer to make up to ... cost to community health centers, free and charitable clinics, ... "Pfizer has a long-standing commitment to improving ... patient safety through educational activities," said Caroline Roan ...
Breaking Medicine Technology: