Home / Knowledge / News / Information Technology / Kronos helps to manage complex worker compliance needs
Kronos helps to manage complex worker compliance needs
28
Feb '14
With wage and hour lawsuits on the rise, minimum wage controversy sweeping across the U.S., the challenges of the Affordable Care Act (ACA), and a variety of new labor regulations being introduced, 2014 is shaping up to be full of compliance-related issues for employers. With added complexity and an increased focus on enforcement, employers - regardless of their size - need to protect themselves from paying significant penalties for being out of compliance.
 
Some of the major compliance issues facing employers today include:
Wage and hour lawsuits on the rise - In 2013, the Wage and Hour Division of the U.S. Department of Labor recovered nearly a quarter of a billion dollars in back wages for workers around the U.S. whose employers improperly denied them pay they had earned.
 
Increased enforcement at the federal level - The President's 2014 budget includes $3.4 million for increased enforcement of the Fair Labor Standards Act (FLSA) and the Family and Medical Leave Act (FMLA). The budget also provides $5.8 million for developing an integrated enforcement and case management system that will allow investigators to better employ data analysis in identifying violations.
 
The Affordable Care Act - With the deadline for ACA compliance pushed out until January 2015, some organizations think they have time to figure things out, but in actuality, the pressure is still on. Many affected organizations have already started to conduct their "lookback" monitoring to see what hours employees have worked over a historical period, and those that haven't need to. 
 
Likewise, all employers must be sure that workers are classified correctly and that there is a clear record of hours worked.
 
Minimum wage - More than 20 states have taken matters into their own hands and raised their minimum wages above the federal minimum wage level and several more are expected to follow suit in 20143. Employers with multi-state operations must keep track of these changes and ensure that they are paying employees properly.
 
The Family and Medical Leave Act - The U.S. Department of Labor's Wage and Hour Division will publish a Final Rule to implement statutory amendments to FMLA which will expand the military family leave provisions and incorporate a special eligibility provision for airline flight crew employees, as well as making some additional regulatory changes.
 
Effectively managing all of this complexity with outdated systems, spreadsheets, home-grown reports, and manual calculations is nearly impossible.
 
Organizations of all sizes should consider workforce management solutions that provide complete automation and high-quality information for driving cost-effective labor decisions. 
 
 
Click here to view more
 

Kronos


Must ReadView All

Textiles | On 18th Aug 2017

Turkey imposes temporary duty on POY from 7 countries

Turkish ministry of economy has announced imposition of provisional...

Textiles | On 18th Aug 2017

GST return filing deadline for transitional credit

For businesses who want to avail the transitional input tax credit...

Apparel/Garments | On 18th Aug 2017

AEPC wants clarity on minimum wages for garment sector

The Apparel Export Promotion Council (AEPC) has urged the Indian...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search