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Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk

Proskauer's Employee Benefits & Executive Compensa

In the wake of the recent news of bank failures, businesses—and their investors—are rightly concerned about the implications of a missed or delayed payroll. Obligation to Make Payroll Under federal and most state laws, employers have both timing-of-pay and frequency-of-pay obligations. The short answer is it depends.

Banking 52
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Is Paying Your Employees Overtime Mandatory?

Abel HR

In this blog’s infancy, we discussed a question that comes up regularly as we talk to clients, which is, do I have to pay my employees overtime? In general, whether a person is eligible for overtime is decided by the Fair Labor Standards Act (FLSA). Exempt employees, however, are not eligible for overtime under the FLSA rules.

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The New #FLSA Overtime Changes: Make Sure Company Policies Are Aligned

HR Bartender

Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). Department of Labor with changes to the overtime provision of the Fair Labor Standards Act (FLSA). They’re also having internal discussions about how to manage overtime pay and payroll expenses. Exploring the Overtime Policy Piece.

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Handling a Negative Sick Pay Balance – Ask #HR Bartender

HR Bartender

He also serves as Chair of the firm’s #SocialMedia Practice Group, and publishes the blog The Employer Handbook , which was recognized as a top labor and employment law blog by the American Bar Association (ABA) Journal. Since he’s taken a lot of sick leave, I thought I would do him a favor and credit him those sick leave hours as.

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Ultimate Guide to Track Attendance of Remote Employees

Qandle

Managers and business owners, after all, have a right to know when someone on their payroll arrives and departs. In the United States, the Fair Labor Standards Act (FLSA) mandates employee attendance tracking. In the United States, the Fair Labor Standards Act (FLSA) mandates employee attendance tracking.

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Three Compliance Violation Nightmares for Government Contractors

AssuredPartners

nThe investigation found the primary contractor and its subcontractors violated the SCA by paying less in employee rates and benefits than what is required by law. nThe investigation found the primary contractor and its subcontractors violated the SCA by paying less in employee rates and benefits than what is required by law.