New nationwide program facilitates ‘resolution of potential overtime & minimum wage violations’
From the U.S. Department of Labor
The Wage and Hour Division’s (WHD) new nationwide program, the Payroll Audit Independent Determination (PAID) program, facilitates resolution of potential overtime and minimum wage violations under the Fair Labor Standards Act (FLSA).
The program’s primary objectives are to resolve such claims expeditiously and without litigation, to improve employers’ compliance with overtime and minimum wage obligations, and to ensure that more employees receive the back wages they are owed—faster.
Under PAID, employers are encouraged to conduct audits and, if they discover overtime or minimum wage violations, to self-report those violations. Employers may then work in good faith with WHD to correct their mistakes and to quickly provide 100% of the back wages due to their affected employees.
INACCURATE INFORMATION COST ONE BUSINESS OVER $100,000!
Periodically, we come across real life stories of things that we don’t think will happen to us. Calculations of overtime for salaried workers, flat-rate employees, commissioned employees are often improperly calculated or sometimes overlooked versus an hourly wage employee. Inaccuracies can quickly escalate payroll expenses along with potential fines and fees when handled improperly.
One of ASA’s resources is attorney Brian Farrington, who specializes in labor law as it pertains to the FSLA. He does this by navigating ASA members through the calculation process, which in turn results in preventing something like this from occurring.
Did you miss this opportunity from last year?
Hear what Brian had to say by watching HIS WEBINAR from April 2020.