2020 - The Fair Labor Standards Act (FLSA): Wage & Hour Compliance 2020

OVERVIEW
The Fair Labor Standards Act (FLSA), commonly referred to as the Wage and Hour Act, is considered to be an employee protection act. This Act was passed in 1938. Since then, the FLSA has been amended many times. The major provisions of the Act are concerned with Federal minimum wage rates, overtime payments, child labor, equal pay, and record-keeping.
The US Department of Labor, Wage & Hour Division, oversees Federal labor laws. Additionally, State DOLs administer state labor laws. Failure to comply with wage and 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 and hour compliance is of utmost importance.
WHY SHOULD YOU ATTEND
Civil lawsuits for wage and hour violations are always a threat to businesses. Violations of the Fair Labor Standards Act (FLSA) can result in astronomical financial judgements against employers, lawsuits, criminal charges, and/or being debarred from being awarded Federal contracts for a period of three years. By understanding the FLSA rules and regulations, you can protect your company from major financial consequences.
This webinar will provide a comprehensive understanding of the FLSA rules and regulations. You will learn how to properly calculate overtime pay and become familiar with the 3 tests used to determine FLSA exemptions. Participants will gain an understanding of what constitutes hours worked, what to do when state and federal laws differ, how final pay checks need to be handled, and when employees must be compensated for training, travel time, meal breaks, and on-call status. Terminology used throughout the Act will be explained. Additionally, FLSA exempt vs non exempt will be discussed in detail.
AREAS COVERED
• What is FLSA (FairLabor Standards Act)
• The three tests used to determine if an employee is exempt from the FLSA
• FLSA exempt vs non exempt and the six exemptions under the FLSA
• Federal minimum wage laws vs. State minimum wage laws
• What is the new FLSA overtime rule and how to calculate overtime pay
• Timeliness of overtime payments
• Treatment of meal breaks, travel, training, on-call time and outside sales under the FLSA
• Proper handling of termination paychecks
• Minimum wage requirements
• Equal Pay
• Child Labor
• FLSA record keeping and its significance
• Posting requirements
• The cost of non-compliance
• Changes to overtime payment rules effective 1/1/2020
LEARNING OBJECTIVES
Participation in this webinar will assist you in ensuring wage and hour laws are being followed properly and consistently in your organization. Participation will also ensure you are familiar with changes to the overtime payment rules under FLSA which are effective January 1, 2020.
WHO WILL BENEFIT
• Senior Leadership
• HR Professionals
• Compliance Professionals
• Payroll Professionals
• Operations Managers
• Managers and Supervisors
• Employees
SPEAKER
Diane L. Dee, President of Advantage HR Consulting, LLC has over 25 years of experience in the Human Resources arena. Diane’s background includes experience in Human Resources consulting and administration in corporate, government, consulting and pro bono environments. Diane founded Advantage HR Consulting, LLC in early 2016. Under Diane’s leadership, Advantage HR provides comprehensive, cost-effective Human Resources solutions for small to mid-sized firms in the greater Chicagoland area. Additionally, Diane conducts webinars on a wide-variety of HR topics for various compliance training firms across the country.
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