Let your HR and Benefits staffers know they may have a significantly increased workload sometime in the very near future.
That’s because the The Department of Labor (DOL) has its sights set on updating the Fair Labor Standards Act recordkeeping requirements soon.
The DOL intends to discuss updates to the FLSA recordkeeping requirement at its upcoming Spring Regulatory Agenda.
And there’s on rule in particular that would have a definite impact on employers.
The DOL is considering a rule that would require employers to notify workers of their right under the FLSA in writing. Under this rule, employers would have to perform a written classification analysis for every exempt employee.
After an analysis is complete, the employer would have to share the information with the worker.
Companies would also be required to retain the analysis documents in the event of a DOL investigation.
Right now, employers aren’t required to provide written analyses on why its employees are exempt.