Wage and Hour Best Practices for 2018: Companies Must Be Aware of How This Will Impact Their Risk Management Strategy!


Instructor: Margie Pacheco Faulk
Product ID: 705206

  • Duration: 90 Min
Companies are often confused or resentful of continued regulations and find it as an obstacle in running, growing and expanding their companies - and it can be a challenge for companies to keep track of regulatory changes and deadlines. This webinar training will provide business owners, human resources professional or other roles handling their workplace risk management situations, the top situations that can impact the DOL regulations.
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Why Should You Attend:

A good human resources department or professional can mitigate risks by staying up to date on workplace laws, regulations and executive orders that not only is hard to keep up, but also difficult to track the changes made by the new White House Administration. Not following these changes is a landmine for companies and it would be in their best interest to be aware of changes and also have qualified human resources professionals and train their managers to identify the impact of these regulations to their bottom line.

It is more cost effective to invest in qualified individuals who can mitigate some of the risks as well and providing training to those managers who can unwittingly risk fines and penalties with significant increase in your cost to do business. This training program will identify resources and tools that can be used to reduce risk and focus on growing businesses.

Learning Objectives:

  • Be aware of workplace regulations that impact your company and can cost you in fines and penalties and even criminal sanctions
  • Identifying regulation deadlines and ensuring you do not miss those deadlines
  • Identifying employees who will assist in mitigating regulations and ensuring they have or will get the training they need
  • Be aware how your managers can cost you with their ignorance of DOL regulations
  • Identify resources to assist in risk mitigation
  • Be ahead of regulations pending to start before the end of 2017
  • Enable the payroll team, managers and HR professionals work together to help ensure compliance of DOL and other regulatory entities

Areas Covered in the Webinar:

  • Identify DOL regulations and enforcement methods that can risk your company's reputation
  • Learn why ignorance will not be an excuse if you violate DOL regulations
  • What DOL regulation violations are the most likely to land you in employment litigation
    • Comp Time and Overtime
    • Altered Timecards
    • Unauthorized Overtime
    • Unpaid Worktime
    • Compensable Time
    • Minimum Wage Deductions
    • Child Labor Exemptions
  • What is the potential exposure under state and federal wage and hour laws?
  • Determining the most effective way to ensure your employees are classified correctly?
  • What is exempt and non-exempt and learn why these get confused with hourly and salaried workers?
  • Learn what regulations have been eliminated with the new White House Administration and how can it affect your organization
  • Understand which industries are more at risk than others for DOL violations and why
  • Fines, penalties and criminal sanctions
  • Case scenarios that can help you navigate some of the DOL regulations
  • Resources to assist in mitigating DOL regulations
    • Timekeeping
    • Recordkeeping
    • Internal Audits
    • Others

Who Will Benefit:

  • Business Owners, Company Leadership and Board of Directors (CFO, COO, CEO)
  • Federal Contractors
  • Department Heads
  • Human Resources Professionals
  • Compliance Professionals
  • Payroll Professionals
  • Managers/Supervisors
  • Office Managers with HR Responsibilities
  • Personnel Responsible for Affirmative Action Plan (AAP) and Equal Employment Opportunity Commission (EEOC)
Instructor Profile:
Margie Pacheco Faulk

Margie Pacheco Faulk
Sr HR Consultant, HR Compliance Solutions

Margie Faulk, PHR, SHRM-CP is a senior level human resources professional with over 14 years of HR management and compliance experience. She currently provides compliance services for a large global data protection technologies company with international and multi-state locations. A former compliance officer for a defense contracting technologies firm with a military base in Hawaii, Ms. Faulk has worked as an HR and compliance advisor for major corporations and small businesses across various industries.

She is currently working on international compliance initiatives like international privacy issues, drafting and implementing international policies, reviewing and amending global employment policies, cross-border reductions in force and restructurings, multi-jurisdictional employee investigations, global diversity programs, expatriate legal issues and General Data Protection Regulation (GDPR).

Ms. Faulk holds professional human resources certification (PHR) from the HR Certification Institution (HRCI) and SHRM-CP certification from Society for Human Resources Management. She is also a member of the Society of Corporate Compliance & Ethics (SCCE).

Topic Background:

Wage and Hour regulations have increased to protect employees in the workplace as indicated by the Department of Labor (DOL). Most companies are aware of some of the regulations that are included as part of this regulatory agency. But, are companies aware what the impact is if those regulations are violated? DOL workplace regulations are monitored and enforced by the Wage and Hour Division (WHD). This is the enforcement arm of DOL and they are charged with ensuring these regulations are followed by companies or enforce fines, penalties and even criminal sanction for willful violations of DOL regulations.

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