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According to the Fair Labor Standards Act (FLSA), there are three different categories workers; non-exempt employees, exempt employees, and independent contractors. Employers need to know which category each person working for them is. A misclassification of a worker may lead to monetary consequences in the form of fines or penalties.
The Fair Labor Standards Act (FLSA) is the backbone of federal labor law. Covering topics such as employee classification, minimum wage, overtime, child labor, and more. It is critical that employers understand the FLSA in and out.
ACA compliance is one of the more advanced aspects of employee benefits management and administration each year. Penalties and the elimination of any "Good-Faith Relief" are forcing employers to take deeper looks into their ACA filings and how they are managing ACA compliance as a whole throughout the employee benefits lifecycle.