Minimum Wage Compliance Gaps
Based on your 2-minute quiz, and the complexity of minimum wage requirements, organizations like yours run a high risk of non-compliance, which could result in costly penalties, unhappy employees, and legal issues. Don’t worry, we’re here to help with key improvements and take the next steps in your minimum wage journey.
WAGE ASSIGNMENT • HIGH RISK
Zip codes and city names often cross jurisdictional boundaries. 42% of enterprise locations pay their employees inaccruately based on zip codes.
Verify your assignment of wages for state, county, and city minimum wage rates for every employee and location. This should be based on latitude and longitude coordinate.
Know the exact city and county requirements for each worksite, including unincorporated areas.
Determine whether remote and hybrid employees are subject to different local laws.
AUDIT CADENCE • HIGH RISK
With legislative changes occurring monthly across the US, annual audits leave an 11-month vulnerability window. Timing and updates are important to stay compliant.
Process out rate changes that take place outside of January and July 1st updates.
Ensure your process puts new rates into effect on the actual effective date to avoid backpay.
Proactively check for scheduled increases, not just the current rate.
If You Missed Even a Few…
It is time to re-evaluate your minimum wage compliance strategy or current vendor. Take 15-minutes to chat with an expert at GovDocs today!