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Payroll Compliance Update: New Laws and Required Changes, by Lorman

Payroll Compliance Update: New Laws and Required Changes is brought to you by Lorman

Make sure you are up to date on important payroll compliance issues.

The requirements of the Fair Labor Standards Act are complex. Employers often misunderstand how the FLSA is applied and the requirements for paying overtime and minimum wage. Misunderstandings about these critical concepts can expose an employer to millions of dollars in back pay claims. The arrival of a new administration has led to some changes in the rules, which complicates matters further. This material will explain the Department of Labor’s new rules regarding tipped employees and joint employers, how domestic service workers are treated under the FLSA, and how the earning of commissions affects the calculation of the regular rate of pay used for determining the overtime pay rate.

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