Salary Surveys and FLSA Audits

Salary Surveys and FLSA Audits

Fair Labor Standards Act (FLSA) (Wage & Hour) Audits: Since May 23, 2016, employers have been reminded of the importance of ensuring their employees are properly classified as exempt versus non-exempt. That was the date the U.S. Department of Labor first published its proposed “white collar” or EAP regulations. Since those regulations were blocked, new regulations are anticipated in the Spring of 2019.  In the interim, Ms. Walters has presented to overflow audiences on the topic and testified before the U.S. House Small Business Committee regarding proposed, regulatory changes. And, that’s not all. There are at least 16 states that have their own “white-collar” regulations and require their own analysis for proper exempt classification. Are your exempt employees properly classified under federal and state laws and regulations? Are your bonus compensation plans, wage payments and deductions administered in compliance for your non-exempt as well exempt employees? Contact FiveL today for more information about FLSA compliance reviews, pricing, and methodology.

Salary Surveys: How does your pay compare to the market? FiveL Company uses a privately published salary survey database that is updated quarterly and ensures a current, apples-to-apples comparison of your company with comparables in your market matching:

  • job description rather than job title;
  • SIC or NAICS code;
  • geographic market;
  • annual revenue; and/or
  • number of employees

From the for-profit to the not-for-profit, the private to the public sectors, FiveL Company has conducted salary surveys and FLSA audits for clients in a variety of industries including construction, manufacturing, service, technology and more.

Contact FiveL Company today for more information about FiveL Company’s services