Wage and hour laws are a set of regulations that dictate how employers must compensate their employees for their time worked. They also govern employees' working hours and establish standards for rest and meal breaks. This legislation is the most comprehensive and nuanced in the Department of Labor.
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So, what’s the law?
The Fair Labor Standards Act (FLSA) is a federal law that sets standards for wages and hours worked. This law includes:
- Established federal minimum wage
- Overtime pay of at least 1.5X regular wages
- Restrictions on working hours for children under 16
- Restrictions on dangerous work for children under 18
- Specific safety and wage protections for migrant and seasonal agricultural workers
- Enforcement of the labor standards
Failure to comply can result in hefty fines for employers and could be the reason for a complete audit by regulators often resulting in expensive legal actions. These audits often lead to expensive class action suits, which could mean a loss of hundreds of thousands for your business if you’re found to be in violation.
How can Bambee help?
The repercussion of not complying can turn into expensive litigation claims for businesses of every size and kind. Bambee's HR Autopilot keeps over 10,000 American Businesses HR-compliant all year long and will make sure your business is protected from risk.
Bambee Guided Payroll helps businesses with HR compliance by:
- 2-Day Direct Deposit
- Automatic Handling Of Federal, State, And Local Taxes
- Guidance From Your HR Manager On Wage And Hour Regulations
- Support Multiple Pay Rates For Employees With More Than One Role
Bambee Guided Payroll gives you the best of both worlds. Easy, HR-compliant payroll and support from your dedicated HR Manager.
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Conclusion
If you're a small business owner in the United States looking for an effective way to stay compliant with wage and hour laws, Bambee is the solution you've been looking for. With its dedicated HR support and range of features, Bambee can help you navigate the complex world of labor laws and ensure that your business is always in compliance with wage and hour laws.
