Are You in Compliance with New Wage and Hour Laws? Labor represents a significant expense for many businesses.Keeping labor costs under control is essential.At the same time, businesses must follow all local and federal wage and hour laws.
Many of these laws have recently changed, and missteps can lead to expensive lawsuits. Wondering if your company is at risk? Take a moment to review a quick recap of the laws below.Below are just a few examples of the violations recently announced by the U.S.Department of Labor: As you can see, employment practices violations can be costly.
To help you protect against employment practices exposures, we recommend that businesses consider employment practices liability insurance (ELPI).However, it’s important to note that many EPLI policies have exclusions for wage and hour violations.Contact your BNC Insurance agent to learn more.
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Health Insurance USA.
Publisher: Normal for Business
Publisher: Normal for Business
