He recently wrote about an uptick in pay practices audits by the U.S. Department of Labor, suggesting employers be proactive on wage & hour compliance by conducting their own internal pay practices audits.
That article was published in the Daily Business Review on July 16.
In the article, Muscatello lists four key questions that business owners and managers should ask themselves as part of such an internal audit. He even offers some best practice advice regarding timekeeping systems.
Among the most critical issues an employer can understand is exactly how employment classifications such as employee vs. contractor or hourly vs. salary are determined. Misclassifications in these areas may result in fines and other liabilities.
Read the article: Business leaders: Check your pay practices before government does (Daily Business Review, 7/16/15).