Improve Wage and Hour Compliance (FLSA)
Are you concerned that your company could be at risk for wage and hour litigation?
Since 2000, the Wage and Hour Division has recouped more than $1.25 billion in back wages for nearly two million workers. In 2007, they recouped over $220 million in back wages for over 340,000 workers — the highest amount ever collected. Of that $220 million, nearly 75 percent was for overtime alone, which does not include the penalties assessed against the employers. The record-breaking performance demonstrates the department’s commitment to bringing employers into compliance.
To avoid contributing to these record breaking collections, you must ensure you are in compliance with the FLSA when it comes to three central areas: exempt employees, hours worked, and calculating overtime. Automating your time and attendance can be one of the easiest ways to improve your ability to comply with wage and hour regulations. ADP’s workforce management solution can help you:
- Apply pay policies fairly and consistently
- Avoid overtime by preventing employees from working before their scheduled work time
- Calculate the FLSA-mandated weekly weighted average overtime rate for all eligible employees
- Determine FLSA earnings adjustments based on edits to historical pay periods
- Accommodate salaried employees who are eligible for overtime
- Calculate FLSA adjustments for commissions and bonuses in the current period for hours worked in the previous period
- Provide accurate, indisputable records of hours worked in the event of a wage and hour audit
Learn More
Download the white paper:
"The Top Three FLSA Violations and How to Avoid Them."
Attend a Webcast on demand:
"HR Compliance: What You Don't Know Can Hurt You"
SOX: Your Role in Ensuring Compliance
Your role in SOX compliance is a critical one. Poorly performed or documented HR processes can open the door not only to SOX noncompliance, but also to legal risks under federal employment laws. Financial losses from lawsuits filed against your company under these laws could, in turn, trigger further SOX liability.
By leveraging your unique position as the crucial interface between your organization's human element and its financial bottom line, you can help drive efforts to meet SOX's regulatory requirements -- and even change your organization's culture and profitability in the process.
ADP’s automated workforce management system helps make it easier for you to document your processes and establish the appropriate regulatory controls. The rules-based engine automatically captures employee cost, time, attendance, scheduling and other labor-related activity, providing you with actionable and auditable data to ensure that employees are paid properly and work activities are tracked within the confines of the law. Benefits include:
- Accurate recording of time and costs
- User-configurable work policies to automate complex pay, leave, and union rules
- Audit trails to document changes to company policies, rules, or regulations
- Real-time reporting and analysis capabilities for auditing purposes
- Advanced scheduling
Learn More
Download the white paper:
"SOX: HR's Role in Ensuring Compliance."
Client Case Studies
Special People In Northeast, Inc. (SPIN)
"After implementing our new scheduling capability through ADP, we were able to reduce our overtime expense by about 1,300 hours per pay period. For us, that equates to about $500,000 in annual overtime cost savings." Rich Greenfield, Chief Information Officer, SPIN, Inc. <Learn more>
See Additional Case Studies
ADP clients around the country in various industries are reducing costs and increasing efficiency within their organizations with ADP's Time and Labor Management solutions. Hear it in their words.
It Pays to Use ADP for All Your Payroll-Related Needs
A study conducted by ADP with PricewaterhouseCoopers shows that ADP payroll clients that use an automated TLM system from ADP reap significant cost savings when compared to ADP clients that either do not use any automated TLM system or use an automated TLM system from a vendor other than ADP. Learn more. Read the white paper "Impact of Time & Labor Management Systems on Payroll Outsourcing with ADP."
