Wage and hour compliance is complex and ever-changing, making it a challenge even for well-equipped HR teams. Here's why a proactive audit is essential to minimize risk, stay ahead of evolving regulations and build employee trust.
Wage and hour compliance is one of those areas where even the most diligent business owners or human resources (HR) leaders can feel a bit unsure. With overlapping federal, state and sometimes even local laws, compliance is far from straightforward. Despite having dedicated HR and payroll teams, organizations face risks simply because rules change quickly, the workforce evolves, and the tools used to manage timekeeping and payroll haven't kept pace.
The consequences of even minor discrepancies can quickly escalate into significant legal and financial issues. A proactive wage and hour audit not only helps protect your business but also reinforces employee trust.
The following information can help you assess whether it's the right time to review your pay practices and show you where to begin.
For many employers, pay compliance issues don't announce themselves with flashing red lights. They surface through subtle, everyday signals.
One common sign is an increase in employee questions or confusion about pay. These don't have to be formal complaints. As Michael Grosso, Senior Counsel at ADP, notes, "It doesn't have to rise to the level of, 'Hey, I think I'm getting cheated.' Even general questions...
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