Payroll records: Know exempt, nonexempt timekeeping requirements — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
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Payroll records: Know exempt, nonexempt timekeeping requirements

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in Human Resources,Office Management,Overtime Labor Laws,Payroll Management

Federal wage-and-hour laws require you to have a reliable system to accurately track employees’ hours and pay. Casual timekeeping systems can easily trigger a back-wage lawsuit.

Companies subject to the Fair Labor Standards Act (FLSA) must keep rec­­ords for both nonexempt and exempt employees. The regulations don’t say which types of record-keeping or time­­keeping methods you should use, but they do specify the necessary data you need to maintain on all employees.

Pay lawsuits on the rise

Wage-and-hour lawsuits are growing exponentially, according to the national law firm Seyfarth Shaw LLP. A recent report by the firm showed that class actions under the FLSA are dominating the legal scene. Another notable trend is the increase in back-wage suits on behalf of higher-income employees, such as those in financial services.

In both types of suits, the key is the time an employee puts in outside regular work hours. Companies sho...(register to read more)

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{ 1 comment… read it below or add one }

Lucille Maldonado November 1, 2012 at 6:44 pm

If my Employer pays for 2 fifteen minute breaks, is that considered my paid lunch. If so, Is it still mandatory to take an additional unpaid half hour lunch time when we i’m already getting paid 2 fifteen minutes breaks? Your response is much appreciated. Thank you

Lucille Maldonado


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