Hiring staff? Good for you! It means your business is thriving. Now is the time to get up to speed or reacquaint yourself with any labor laws you’ll need to be compliant with. Labor laws were created to protect employees’ rights. If you’re vigilant, you can avoid financial headaches. Here’s some advice to stay on track with labor law requirements:

• Perform a job discrimination self-audit. Discriminatory practices can open you up to potentially costly employee grievances. A periodic labor law compliance audit keeps noncompliance from wrecking your company’s future.
• What anti-discrimination rules and regulations should you be on top of? For example, Title VII of the Civil Rights Act, a federal law, prohibits both race and gender discrimination in businesses. Again, review your local state rules too.
• Use an employment agreement. Always use one to legally solidify your employment relationships. It protects your rights as well as those of your employees. You can use a customized employment agreement template or hire an attorney to draft one for you. This is one business document you should never dispense with.

The major federal laws

These are the major places small businesses can make mistakes, often inadvertently. Be sure you’re on top of these:

• Adhere to regulations on minimum wage and relevant overtime pay.
• Avoid hiring workers not eligible to work in the United States.
• Know about special rules for employees who are minors; specific laws cover underage employees.
• Make sure you know whether leave is paid or unpaid by learning how to apply the Family and Medical Leave Act.

Be proactive to reduce potential consequences of noncompliance. Keeping up with federal labor laws as well as state and local regulations helps you build a sustainable long-lasting business.

How BlueStone Services Can Help

BlueStone’s Outsourcing Human Resources Consulting group can help you stay compliant. We understand how challenging it is to balance your growing list of projects and stay on top of compliance issues and best practices.

Contact us to learn more.

Author: Trey Gailey, CPA

Trey Gailey is a founding member of Bluestone Services and serves as the firm’s Managing Director and Director of Accounting. He has deep experience providing accounting services across a wide swath of industries, including medical practices, distribution, and legal services. Trey has clients in the US and other areas of the world, garnering significant experience with international tax compliance to supplement his familiarity with domestic U.S. tax law.

When you work with Trey and the team at BlueStone, you can maintain confidence in your accounting. Our team provides complete, accurate and timely financial data and reports. Thanks to the efforts of a professional team and the technology we use daily, BlueStone’s can provide virtual or onsite outsourced accounting services based on your needs.

In his Managing Director role for the organization, Trey helps oversee the client experience for all service areas in BlueStone Services and focuses on the core operation offerings. Prior to helping develop and lead BlueStone, Trey officially joined its parent company, KatzAbosch in 2013. There he serves as a key shareholder.

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