Levi Strauss & Co has agreed to pay more than $1 million to about 600 employees after the U.S. Department of Labor found that the jeans maker failed to record all the hours employees worked in its payroll system.
An investigation by the labor department's San Francisco district office found that the company misclassified several groups of workers as been exempt from overtime, over a two-year period.
Levi Strauss has agreed to pay the overtime wages due to all its affected employees nationwide, and upgrade its time and attendance system.
Read full article here: http://us.mobile.reuters.com/article/idUSTRE72S6Y020110329?ca=rdt
How to learn from Levi Strauss & Co’s mistake...
One of the primary reasons why companies invest in a Time and Attendance Solution is to automate the capture and management of all employees’ clocking in and out times. This automatic capture ensures that organisation can comply with all federal and state workplace legislation, such as employee entitlements and modern awards, without having to manage mountains of administrative paperwork.
A customised scheduling function also allows businesses to separate work groups that are on different pay scales. Weekly, bi-weekly or monthly schedules can also be based on pre-defined budgets to keep payroll costs as low as possible.
Download our Free Guide on "How to Choose the right Time and Attendance System for your Business".
Alternatively, to find out more about Mitrefinch’s Time and Attendance Solutions, please visit www.mitrefinch.com.au or call 1300 884 831 today.
2 comments:
So nice and informative article, thanks for sharing this great stuff.
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