This week, the Compensation Daily Advisor discussed wage and hour issues and the must read comp articles of 2011. Here’s the Compensation Daily Advisor week in review.
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Get Your Report Now!Wage/Hour—Good News (Courts Losing Patience), Bad News (No One Is in Compliance)—No one is in compliance with wage and hour laws, says attorney Kara Shea, a speaker at BLR's Advanced Employment Issues Symposium, held recently in Nashville and Las Vegas. Shea discussed what 2012 may have in store for employers.
73% of Wage/Hour Investigations Result in Violations—A majority of DOL investigations result in findings of violations, according to federal statistics. To help employers avoid legal trouble, attorney Kara Shea offered three areas that regulators seem to be focusing on—and that employers would do well to double-check.
Wage/Hour Story Told in Million-Dollar Lawsuits—Wage and hour lawsuits are often underestimated. But add in other class members (hundreds, thousands?), years (2 or 3 or 6?), and damages, your organization could be looking at a large settlement.
7 Must Read Comp Articles—Here are 2011’s top seven compensation articles you can't afford to miss.
BLR's Compensation Daily Advisor is a free daily source of comp tips, news, and advice.