Both state and federal laws require employers to follow certain guidelines regarding minimum wage and overtime pay. A highly effective way in which to comply with these laws is by maintaining complete and accurate records of all employee compensation, including hours worked, meal and break times, vacation days, holidays and…
Entering into an employer-employee relationship carries with it various rules and regulations, especially with respect to compensation and overtime pay. In other words, failing to pay your employees properly can have serious consequences, such as damage to your company’s reputation, expensive lawsuits and decreased employee morale. Whether you are a…
The importance of employers knowing the rules surrounding how much to pay employees cannot be overstated. When it comes to paying the correct amount of wages for time worked, errors can lead to costly lawsuits, damaging a company’s reputation as well as emptying its coffers. For those establishing a new…