Mar 29, 2018, 3:37 PM
(from Business Management) The U.S. Department of Labor is launching a pilot program dubbed PAID, which stands for Payroll Audit Independent Determination. It’s designed to let employers fix wage-and-hour errors on their own and simply pay employees what they are owed. If they make employees whole, employers won’t owe the usual penalties and statutory damages. Claims covered will include exempt/nonexempt misclassification, off-the-clock violations and overtime miscalculations among others. All employers covered by the FLSA will be eligible to participate. The PAID program’s trial run will last six months. A start hasn’t been announced yet.
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