DESCRIPTION
The United States Department of Labor recently announced a six-month pilot program to help employers and employees more quickly resolve Fair Labor Standards Act (FLSA) wage and hour issues. This opportunity will be offered under the new WHD Payroll Audit Independent Determination (“PAID”) program.
The DOL’s Wage and Hour Division (WHD) announced the Payroll Audit Independent Determination (PAID) program on March 6, explaining that the Division will oversee the resolution of violations by assessing the amount of wages due and supervising payment to employees.
This program will give employers an opportunity to come forward with known fair labor standards act violations and correct them with less cost to the companies. This is a temporary pilot program so now is the time to act for employers. This webinar will explain the program in detail and give the participant a chance to determine the value of such a program for their organizations.
Learning Objectives:
- Understand what the PAID Program is and what it is not
- Review what parts of the FLSA the PAID program covers
- Gives tools on what laws an employer may be in violation of that the PAID program
- PAID program requirements along with what disqualifies a company from being accepted into the program
- How the PAID program audit works and how corrections are made
- How the PAID program legally protects employers and employees
Session Highlights:
- What is the PAID program
- How does the PAID program work?
- What does it mean to participate in the PAID Program?
- PAID Program Eligibility Requirements
- Review of FLSA requirements
- How to conduct a self-audit?
- How to conduct a self-audit?
- Resources
Who Should Attend:
- Payroll Professionals
- Human Resources Professionals
- Accounting Professionals
- Tax Professionals
