Conducting an Internal Wage Audit
U.S. Department of Labor wage audits are fast becoming an organizational reality. However, the best audit is the one that is internally conducted on a proactive basis. A self audit is a critical factor in surviving and/or preventing a DOL audit. It should include a review of your pay practices, primarily looking for exemption violations, I-9 omissions, invalid pay deductions for salaried employees, time record discrepancies, improper hours-worked records and non-compliance with non-exempt pay laws. The next step is bringing your organization back into compliance with the least amount of legal exposure possible. This session is a step by step guide to conducting an internal wage audit including an overview of critical federal wage laws.
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