Accounting / Staying Current on Labor Rules

Staying Current on Labor Rules

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. Our HR Compliance Check-Up provides a baseline to prioritize an organization’s human resource needs and objectives. Learn more about it today!

 

Keep informed
Receive tips on how you can use outsourcing to save time and improve your business processes.

Related Articles

07/17/2024

Is This Your Situation: Are Financial Forecasts Just the Beginning?

Why isn’t it good enough to simply meet your forecast? Unless your company is doing absolutely everything right and there’s no room for

Read More  
07/17/2024

Choosing A Business Checking Account

Small businesses have different needs than individual investors, and banks have created a wide range of financial services and products to

Read More  
06/17/2024

Choosing a Successor: Eight Tips

It’s not easy to decide to step down from your position leading a company. But when the time is right and the decision must be made, how do you

Read More