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W-4 changes, payraises, etc.) And for changes that will be standard going forward, such as a payraise or new 401(k) deduction, there is no need to enter this again. On the flip side, with an automated time system you can enforce overtime controls. while maintaining the integrity of the overall payroll process.
W-4 changes, payraises, etc.) And for changes that will be standard going forward, such as a payraise or new 401(k) deduction, there is no need to enter this again. On the flip side, with an automated time system you can enforce overtime controls. while maintaining the integrity of the overall payroll process.
For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. In particular, it requires employers to keep detailed records of hours worked by all employees — including overtime, weekly hours, and any additions or deductions from employee wages. Why is that?
Job descriptions should typically state whether the role is considered exempt or nonexempt from overtime compensation. In that case, the employee may provide a different set of duties or mix of responsibilities to the DOL investigator, resulting in a considerable overtime bill if the DOL decides they were incorrectly classified as exempt.
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