Wage and Hour Best Practices! Add to Your Strategic Risk Management Strategy and Reduce Risk!
- Speaker:Margie Faulk
- Product Code:GRC-90401
HRCI Credits: 1.5
SHRM Credits: 1.5
Live Session - How it works
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Recorded Session - How it works
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Training CD - How it works
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Description and Overview:
Wage and Hour Regulations have increased to protect employees in the workplace as indicated by the Department of Labor (DOL) Most companies are aware of some of the regulations that are included as part of this regulatory agency. But, are Companies aware what the impact is if those regulations are violated? DOL workplace regulations are monitored and enforced by the Wage and Hour Division (WHD). This is the enforcement arm of DOL and they are charged with ensuring these regulations are followed by companies or enforce fines, penalties and even criminal sanction for willful violations of DOL regulations.
As is with many regulations, Companies are confused or resentful of continued regulations and find it as an obstacle in running, growing and expanding their companies. It is a challenge for companies to keep track of regulatory changes and deadlines. A good human resources department or professional can mitigate some of these regulations by staying up to date on workplace laws, regulations and Executive Orders that not only is hard to keep up, but also difficult to track the changes made by the new White House Administration. Not following these changes is a landmine for companies and it would be in their best interest to be aware of changes and also have qualified human resources professionals and train their managers to identify the impact of these regulations to their bottom line. This course will provide business owners, human resources professional or other roles handling their workplace risk management situations, the top situations that can impact the DOL regulations.
It will also identify resources and tools that can be used to reduce risk and focus on growing businesses. But please do not be penny wise and penny foolish. It is more cost effective to invest in qualified individuals who can mitigate some of the risks as well and providing training to those managers who can unwittingly risk fines and penalties with significant increase in your cost to do business.
Why you must attend:
- To Be aware of the workplace regulations that impact your Company and can cost you in fines and penalties and even criminal sanctions;
- To Identify those regulation deadlines and ensuring you do not miss those deadlines;
- To Identify those employees who will assist in mitigating regulations and ensuring they have or will get the training they need;
- To be aware how your managers can cost you by their ignorance of DOL regulations;
- To identify resources to assist in risk mitigation;
- To be ahead of regulations pending to start before the end of 2017;
- To have the payroll team, Managers and HR Professionals work together to help ensure compliance of DOL and other regulatory entities.
Areas we will be covering:
- Identify the DOL regulations that impact your company;
- Learn why ignorance will not be an excuse if you violate DOL regulations;
- What DOL regulation violations are the most likely to land you in employment litigation;
- What enforcement methods can risk your company's reputation;
- What is the most effective way to ensure your employees are classified correctly?
- What is Exempt and Non-Exempt and learn why these get confused with Hourly and Salaried workers?
- See what regulations have been eliminated with the new White House Administration;
- See what industries are more at risk than others for DOL violations and why;
- Fines, penalties and criminal sanctions;
- Case scenarios that can help you navigate some of the DOL regulations;
- Resources to assist in mitigating DOL regulations.
Who must attend:
All industries will benefit from this training including:
- Defense contracting
- Aerospace & defense
- Real estate
- Data Protection
- Privacy Services
Margie Faulk, PHR, SHRM-CP HR Compliance Solutions, LLC-Compliance Officer, is a senior level human resources professional with over 14 years of HR management and compliance experience. A current Compliance Officer for HR Compliance Solutions, Margie has worked as an HR and Compliance advisor for major corporations and small businesses in the small, large, private, public and Non-profit sectors.
This includes Federal Contracting in the defense, military, anti-Terrorism and Apache Helicopter Training Simulations with Federal Acquisition Regulations (FAR), Federal Sentencing Guidelines (FSG) and Office of Federal Contract Compliance Program (OFCCP). Margie is bilingual (Spanish) fluent and Bi-cultural.
Margie’s focus has expanded to Global Workplace Compliance in International, multi-state, multi-National, state and local workplace compliance which includes workplace compliance in other countries like the UK, Canada, France, Brazil, China, Africa, Mexico and India, just to name a few.
Margie has created and presented seminars/webinars for many compliance institutes. These national training providers, offer compliance training to HR professionals, business owners and companies interested in having their company compliant with workplace and industry regulations. Margie holds professional human resources certification (PHR) from the HR Certification Institution (HRCI) and SHRM-CP certification from Society for Human Resources Management. Margie is a member of the Society of Corporate Compliance & Ethics (SCCE).