280E Compliance - How Timekeeping Software Helps
In order to run a successful business in the cannabis industry, organizations need to ensure compliance with 280E requirements. Cannabis businesses...
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Understanding the requirements of the Fair Labor Standards Act (FLSA) and the overtime rules that it includes is one of the first steps toward proper business compliance.
UPDATE 02.23.23: The following article is no longer in-date. See this article for an up-to-date rundown on Fair Labor Standards Act requirements and Federal Overtime-Exempt Salary Threshold details.
How to Ensure Overtime Compliance
On May 18th, 2016, the U.S. Department of Labor (DOL) published its final rule updating overtime regulations for U.S. businesses. Effective as of December 1st, 2016, the new rule is expected to extend overtime pay protections to more than four million Americans not currently eligible under federal law.
Now is the time for your organization to start getting ready to comply with the new regulations!
NOTE: The following checklist is no longer up-to-date, but may still be a good starting point for assessing compliance, even today.
Click here to download our comprehensive readiness checklist.
Get Help with Overtime
The best way to track, manage, and reduce overtime costs is with a modern time and labor system.
To learn more about what solutions are available to help with overtime compliance and management from PayNW, contact us today.
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