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What are Essential Things to Know About Wage and Hour Compliance for Your Business

InfoMart

BLOG What are Essential Things to Know About Wage and Hour Compliance for Your Business Guest Post August 29 2023 Maintaining wage and hour compliance is crucial for businesses to provide fair and legal employment practices. So, let’s dive into the essential aspects you should know.

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2022 minimum wage increases by state

Homebase

The federal minimum wage rate that stipulates employers pay employees $7.25 an hour has not been modified since 2009. This rate is laid out under the federal Fair Labor Standards Act (FLSA) and applies to businesses around the country unless state law requires a higher wage. . 2022 minimum wage by state .

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Minimum wages increasing in some states

FingerCheck

Did you know there’s a state minimum wage increase coming next year? Here’s a quick breakdown of which states are raising their wages. Fingercheck’s map offers an at-a-glance view of wage changes for 2023. Fingercheck’s map offers an at-a-glance view of wage changes for 2023. federal minimum wage.)

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Understanding Minimum Wage (Updated for 2020)

Zenefits

Federal minimum wage laws have been in effect for more than 90 years, but many small and midsize businesses (SMBs) don’t fully understand what the law encompasses. The recent “Fight for 15” has put minimum wage in the spotlight, with many lobbying for a higher starting salary for American workers. See image below).

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Understanding and preventing wage theft in your organization

Business Management Daily

When employees put in a hard day’s work for their employer, they expect fair compensation for every hour they spend on the clock. There are countless cases of employers altering employee paychecks, failing to pay back wages, and withholding final wages — which are all forms of wage theft. What is wage theft?

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Unforgettable Lessons Learned from Wage and Hour Lawsuits Part II

FingerCheck

In today’s business climate, risk management is more important than ever, as litigation experts forecast that employers will continue to face stark wage and hour compliance risks. The FLSA clearly states that nonexempt employees are to be paid time-and-a-half wages for all hours worked over 40 in a week.

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Here are all the 2021 minimum wage changes by state

Homebase

The federal government has not changed its minimum wage ordinance of $7.25 since 2009, but according to the Department of Labor , 25 states across the country are changing their labor laws and adding state minimum wage 2021 increases. . Wage changes are easier to manage with a little help. for hours worked. .