When a wage and hour investigation is initiated, the DOL sends a letter explaining the complaint and everything they want to look at. The key for the employer is to have everything they want ready for them. What is important to remember is that they can start down a path and change directions pretty quickly… Read more »
Posts Tagged: Department of Labor
Employment Law Changes for 2014
Minimum Wage Increase and Resulting Salary Increase to Maintain Exempt-Employee Status (AB 10) The California minimum wage will increase to $9.00 per hour, effective July 1, 2014, and to $10.00 per hour effective January 1, 2016. A less-advertised consequence of this increase, however, is the impact it will have on the salary test for preserving… Read more »
Common 401k Mistakes
Here is a quick list of mistakes that employers make on their 401k plans. COMMON COMPLIANCE ERRORS This list, along with more detailed information on examination trends located on the IRS website can be used by plan sponsors to identify compliance risks in their own plans. Missing plan document amendments Not using the plan’s definition… Read more »