Wage & Hour Laws: Ensuring Compliance with the Fair Labor Standards Act & Anticipated Changes in 2023

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. 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.

WHY SHOULD YOU 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 up to 6 months.

AREAS COVERED

• 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
• Recordkeeping requirements
• Repercussions of FLSA non-compliance

WHO WILL BENEFIT?

• Business Owners
• Human Resources Professionals
• Compensation Professionals
• Compliance Professionals
• Managers & Supervisors
• Payroll Professionals
• Employee Benefit Professionals

Others Details

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.