Concerned About Your Fair Labor Standards Act Compliance?
According to the Department of Labor, nearly 80% of employers are not in compliance with the Fair Labor Standards Act (FLSA). That means a vast majority of companies are not keeping up-to-date with wage and hour statutes and regulations. Employee classification, overtime calculation and recordkeeping are just a few of the compliance issues the government can, and does, investigate. In fact, the federal government has increased its investigative audits over the past two years.
There has also been a rise in labor law litigation. Costing companies millions of dollars, lengthy legal battles are not only expensive, but they can damage a company’s reputation -- affecting employee morale and productivity.
If you rely on a manual time and payroll system, requiring constant payroll policy updates that are open to human interpretation and subjectivity, you could be at serious risk.
The best way to ease your concern about FLSA compliance is to take control of it. Using an automated time and attendance system helps eliminate costly errors and subjectivity.
HR Access – Your Key to Compliance
By choosing HR Access HR/Payroll and Time, you will increase the speed and accuracy of payroll preparation, and achieve wage and hour compliance.
With our automated time and attendance system collection you:
- Protect employees – ensure they’re paid exactly for time worked
- Protect your company – minimize employee wage theft and provide complete compliance for:
- Overtime
- Blended Rate (Weighted Average Overtime)
- Short Meal and Schedule Compliance
- Split Shift and Long Shift Premium Pay
- Compliance Reports
- Executive Summary Reports
Labor law compliance can be complex. Let HR Access HR/Payroll and Time help you with accurate timesheet recording, consistent application of payroll policies, timely reporting and data storage .
Are you ready to take control?
Contact us by filling out the form on this page or call 1.800.548.2363.