The Risks Of Failing To Pay Overtime Are Real For Family Employers
Over the past few years, U.S. employers have paid billions of dollars to resolve alleged wage and hour violations for failing to pay workers overtime or for requiring them to work off-the-clock.
A recent report released by nonprofit groups listed the employers that have paid the most in settlements and fines following allegations of wage and hour violations. The biggest payout was Walmart at $1.4 billion, followed by FedEx at $502 million, and Bank of America at $381 million. The report used data maintained by the U.S. Department of Labor. Valerie Bolden-Barrett "Wage theft settlements by top US companies amount to billions" hrdive.com (Jun. 07, 2018).
- Understand the federal, state, and local laws that affect your organization and staff. Keep in mind that if your state's laws are more favorable towards staff, the state law will control.
- Establish an equal employment opportunity policy that reflects your intent to pay staff fairly based on skill and performance.
- Periodically audit your staff's compensation levels to make certain that protected class employees are paid fairly and awarded overtime, including paying women equally to men.
- Train managers and supervisors on best practices to avoid wage discrimination.
- Establish an internal procedure for staff to discuss compensation, including overtime pay, without fear of retaliation.
- Investigate promptly and fairly any claim of discrimination, including claims of unequal pay.
- Do not prohibit staff from discussing wages.
Finally, your opinion is important to us. Please complete the opinion survey: