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

Courtesy: EVG photos from Pexels

Apparel/Garments | On 16th Aug 2018

Bangladesh ups garment export target to $32.689 bn

The Government of Bangladesh has increased the country’s readymade...

Courtesy: PR Newswire

Apparel/Garments | On 16th Aug 2018

Shoppers go to stores for thrifting experiences: Survey

Despite growth in e-commerce, shoppers still head to retail stores...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

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

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Sonam & Paras Modi
SVA

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search