When it comes to compliance with wage and hour regulations, the stakes have never been higher. According to the Department of Labor (DOL), 80% of businesses are out of compliance with their pay practices, and the Society of Human Resource Management reports that the average settlement on a wage and hour class action suit is $4.6 million.
If your current time and attendance process isn’t providing you with the consistent application and enforcement of federal and local guidelines, work with us to regain confidence in your compliance.
Get Started to Minimize Risks & Reduce Compliance-Related Costs
Fair Labor Standards Act (FLSA) and DOL
An automated time and attendance system that can accommodate your rules will ensure your employees are treated fairly and keep you in compliance. Time and attendance has been Advanced Time’s sole focus since 1989, so we have the knowledge and experience to help you minimize risk.
Leveraging Attendance on Demand™ compliance solutions we can help you:
- Automate overtime calculations (including blended-rate overtime)
- Give employees access to their time cards
- Automate punch rounding
- Implement punch restrictions (e.g. disallow early punching)
Affordable Care Act
Attendance on Demand™ has one of the easiest and most intuitive Affordable Care Act products on the market: Visual ACA (link to Visual ACA article). Save time and reduce costs by:
- Managing employee status determination
- Automating service hours calculations
- Tracking new and seasonal employees
- Receiving alerts when employees are approaching a full-time status
- Reporting and filing of 1094-C and 1095-C with no hassle
Payroll-Based Journal (PBJ) Reporting Solutions
Under the Affordable Care Act, long-term care facilities are required to report staffing and census information quarterly through the Centers for Medicare and Medicaid Services (CMS).
Advanced Time can help you improve the accuracy of this reporting, reducing your risk of noncompliance. We provide:
- Calendar day (midnight-to-midnight) tracking without changing your time cards or company reporting
- The data required for CMS in one system
- Seamless upload of hours to CMS.gov site in the required format
In response to the Covid-19 pandemic, the Families First Coronavirus Response Act was signed into law on March 19, 2020. This new legislation will provide paid time off for employees impacted by the COVID-19 virus. The time off provided by the Families First Act comes in two distinct forms: Emergency Paid Sick Leave and Paid FMLA.
One of the most underappreciated benefits of a Workforce Management System is the reduction of compliance risk. Compliance is challenging for organizations since requirements grow more complex and numerous each year. In the midst of this complexity, many organizations remain unaware of the requirements and underestimate the cost of noncompliance.
As we saw in our last post, The Department of Labor’s overtime requirements will change January 1, 2020. Employees whose annual salary falls between the old level of $23,660 and the new threshold of $35,568 per year, will need to either be reclassified as non-exempt...