The DOL has a new trick up its sleeve for HR and payroll people — and it could mean a lot more work for you.
The Department of Labor (DOL) is talking about updating the Fair Labor Standards Act recordkeeping requirements — as a matter of fact, it’s on top of the agency’s Spring Regulatory Agenda.
Here’s the scary part:
The DOL is considering a rule that would require employers to notify workers — in writing — of their rights under the FLSA. Under this rule, employers would have to perform a written classification analysis for every exempt employee.
After an analysis is complete, the employer would have to share the information with the worker.
Companies would also be required to retain the analysis documents in the event of a DOL investigation.
The move seems to fall in line with the Obama administration’s recent efforts to step up enforcement of employment laws.
We’ll keep you posted.
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