No law causes employers more compliance headaches than the Fair Labor Standards Act. On its face it’s simple—pay employees no less than a minimum wage of $7.25 per hour (or more, depending on your state or locality), and non-exempt employees an overtime premium of 1.5 times their regular rate of pay for any hours worked in excess of 40 in any work week.
Simple on its face, yet extraordinarily complicated in application. This law costs employers billions of dollars per year in non-compliance.
I am happy to share with you, 10 Wage-and-Hour Mistakes Small Businesses Keep Making, my first article for Gusto. While the article is geared towards start-ups and small businesses, all employers make these mistakes. And, the bigger the employer, the bigger the potential consequences.