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Restaurants: Non-Compliance Comes With A Hefty Price Tag

A U.S. Department of Labor Wage and Hour Division investigation recently resulted in Oklahoma’s historic Junior’s Supper Club having to pay out $52,487 for failure to comply with wage and hour regulations. That’s a hefty price tag for an entity which only has 31 employees, but Junior’s penalty for non-compliance is not an isolated incident in the industry. Just this …

8 Things You Need to know About the DOL’s Final Fair Labor Standards Act Ruling

“A fair day’s pay for a fair day’s work.”- That’s the goal behind President Obama’s memorandum, which directed the Department of Labor (DOL) to update the current Fair Labor Standards Act (FLSA) minimum wage and overtime standards back in March 2014. Many Business owners have held a steady breath since the 2014 announcement, and the first proposed revisions experienced a …

FUTA Credit Reduction Percentages for 2016 Issued – How does it affect you?

We know you just paid your 2015 FUTA Credit Reduction bill and the last thing you want to think about now is your 2016 bill. However The Department of Labor has released their preliminary analysis of states with outstanding loan balances as of January 1, 2016 that they expect to be credit reduction states for 2016. The candidates, according to …

Breaking News: FUTA Credit Reduction Percentages for 2015 Issued

The Federal Department of Labor has announced that employers in four states will pay higher unemployment taxes in 2015 due to continued delinquency on their federal unemployment trust fund loans. This number is down from eight states in 2014. Full details can be found on the agency website “Historical FUTA Credit Reductions”. The four states, and their outstanding balances as …