2.
Personnel Concepts, a
business-support enterprise
specializing in regulatory
compliance, offers a full range of
solutions to its clients. Its
products include the FairPay
Overtime Rules Notification
Poster, which helps clients meet
requirements set out in the Fair
Labor Standards Act (FLSA), and
the Social Media Policy Poster,
which applies to
National Labor Relations Board
guidelines.
3.
The FLSA regulates wage-and-hour
issues and mandates penalties for
infractions like requiring off-the-clock
work, avoiding overtime pay, and
mislabeling employees as independent
contractors when, in fact, they should
be classified as traditional workers. To
seek redress, individuals can file
lawsuits against their employers.
According to an organization that
monitors federal wage suits, in the
period between April 2012 and March
2013, employees filed more than
7,700 such suits. The number
amounts to a 10 percent increase year
over year.
4.
Furthermore, a National
Economic Research Associates
report demonstrates that
employers paid nearly 20 percent
more to settle wage lawsuits in
2012 than in 2011.