Fair Labor Standards Act-Employee Record Keeping Requirements

IRS Information, Payroll Tips
Employee record keeping requirements must include proper time and payroll records for it's workers.  The Fair Labor Standards Act, as well as most state wage and hour laws, are the ones who determine what is or is not "proper". In January, the USDOL (United States Department of Labor) announced that it had recovered $1 million in unpaid overtime from federal defense contracts in California.  This recovered money was based, in part, on the DOL's findings that the contractors had violated the record keeping requirements, which are part of the Fair Labor Standards Act (FLSA).  Specifically, the DOL found that the contractors in question had failed to maintain proper time and payroll records for it's workers.  Read the entire article by clicking here. The Fair Labor Standards Act sets minimum wage,…
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