The Fair Labor Standards Act (FLSA), commonly referred to as the Wage and Hour Act, was passed in 1938 and since then has been amended many times. The major provisions of the FLSA are concerned with minimum wage rates and overtime payments, child labor, and equal rights. The US Department of Labor, Wage & Hour Division, oversees federal labor laws.
Additionally, State DOLs administer state labor laws. Failure to comply with Wage & Hour laws may result in the employer paying the employee back wages, damages, penalties, attorney fees, and court costs, plus the prospect of civil and criminal penalties from federal and/or state governments. Therefore, Wage & Hour compliance is of the utmost importance.
Session Highlights:
What are the Fair Labor Standards Act?
Anticipated changes to salary levels in 2023
Federal & State minimum wage proposals
Tests used to determine if an employee is exempt from FLSA
Importance of determining the primary duty of a job
The six FLSA exemptions
Exempt vs. Non-Exempt status
Salary Level and Salary Basis tests
Anticipated changes to the Act in 2023
Determining when to pay overtime
Calculating overtime pay
Minimum wage provisions under FLSA
Equal pay provisions under FLSA
Child labor regulations
Record-keeping requirements
Repercussions of FLSA non-compliance
Why you should attend:
The Fair Labor Standards Act (FLSA) set nationwide standards for employees of organizations engaged in interstate commerce, small businesses, and government agencies. It is still in effect today, affecting millions of full and part-time workers in the private sector as well as federal, state, and local governments.
Employers who willfully or repeatedly violate the Act may face a $10,000 fine per violation. Second offenses can result in a $10,000 fine and/or imprisonment for up to 6 months.
This webinar will lay the groundwork for determining whether your employees are properly classified as Exempt or Non-exempt and ensuring that wage and hour laws are being followed properly.
Who should attend:
Business Owners
Human Resources Professionals
Compensation Professionals
Compliance Professionals
Managers & Supervisors
Payroll Professionals
Employee Benefit Professionals
*You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it at your convenience.