WHAT YOU DON'T KNOW... WAGE & HOUR LAW IMPACT FOR BUSINESS OWNERS
JUNE 24, 2016
It is estimated that up to 70% of all employers are unknowingly violating the latest Wage & Hour Law updates,* effective December 1, 2016. The change gives business owners limited time to adjust employee compensation as required to avoid repercussions from disgruntled employees, the law, and/or their bank account.
That’s why we brought in HR Attorney Julie Young to share the major changes, why they affect you as a business owner, and how to prep your business.
Below are Julie’s ‘Top 5 Wage & Hour Mistakes’ from the event to ensure all business owners have all their ducks in a row before the changes hit.
Misclassification of Employees |Who’s exempt vs. non-exempt?
Misclassification of Independent Contractors |They could be considered an employee under the law!
Calculating Overtime Pay Incorrectly.
Not Capturing & Including all Hours Worked |How many of your employees check their work email on their smartphone over the weekend?..
Failing to Pay Minimum Wage |Especially to commissioned or fee-based employees.
If you have any questions or need additional information, feel free to ask
the Gerber team or reach out to
Julie Young at Worley Law.
Check out all the events covered in quarter two of 2016 in the Discovery recap
VIDEO HERE.
And be sure to stay tuned to our
Facebook page for all event photos and updates on our next event!