By Mary Anne Ackourey and Amy Combs Bender
With the recent increase in statutory and regulatory compliance issues for America’s employers, it is not surprising that employers often focus their human resources and legal compliance efforts solely on understanding and complying with new employment developments. As a result, compliance with current laws often does not get needed attention, even though the likelihood of significant financial exposure may be greater for violations of existing statutes. This is perhaps most true in the case of the federal wage and hour statute, the Fair Labor Standards Act (“FLSA”). (more…)