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The Fair Labor Standards Act: Wage & Hour Compliance in 2020
Overview: 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. It is considered an employee protection act whereby employees are generally presumed non-exempt and entitled to overtime pay. However, there are exemptions from this Act for executive, administrative, professional, outside sales and computer-related employees. The major provisions of the FLSA are concerned with minimum wage rates and overtime payments, child labor, and equal pay.
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.
Why attend this webinar? Civil lawsuits for Wage and Hour violations are always a threat to business. Violations of the Federal Labor Standards Act (FLSA) can result in astronomical financial judgments against employers. By understanding the provisions of the FLSA, you can protect your company from major financial consequences.
This webinar will provide a comprehensive understanding of the provisions of the FLSA. You will learn the proper calculation of overtime pay, gain an understanding of what is considered hours worked, what to do when state and federal laws differ, when employees must be compensated for training, travel time, meal breaks, and on-call status. Additionally, this webinar will lay the groundwork for determining whether your employees are properly classified as exempt or non-exempt and ensuring wage and hour laws are being followed properly and will assist you in ensuring wage and hour laws are being properly followed in your organization.
Areas Covered in the session?
- Provisions of the Federal Labor Standards Act
- Changes to the Act effective 1-1-2020
- Three tests to determine if an employee is exempt from the FLSA
- Six exemptions under the FLSA
- Computing overtime pay
- Timeliness of overtime payments
- Treatment of meal breaks, travel, training, on-call time and outside sales under the FLSA
- Minimum wage requirements
- Equal Pay
- Child Labor
- Importance of accurate record keeping
- Posting requirements
Who will benefit from this webinar:
- Senior Management
- Human Resource Managers
- Payroll Professionals
- Managers & Supervisors
- Compliance Professionals
- Operations Professionals
- Business Owners