Suppose you’ve just been audited by Office of Labor-Management Standards and your closing letter says your local union “did not retain adequate documentation for lost wage reimbursement payments to the Treasurer and Vice President totaling at least 53 times.”
The Wage and Hour Division (WHD) of the U.S. Department of Labor enforces a variety of worker protection laws, including the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act (FMLA) and the Migrant and Seasonal Agricultural Worker Protection Act (MSPA). WHD is furnishing answers to some basic questions to ensure that in this critical time individuals are paid properly for work they perform.
Every now and again, I like to look at the average salaries for recruiters. Why? If recruiter salaries are declining, I know that the market is declining. If the salaries are going up, then I know that the job market is picking up (or at the least, companies are willing to pay more for the increased workload on recruiters). If the salaries are consistent, then I know that the economy is consistent in whatever state its in.
Business closings, downsizings and reductions in hours may lead you to wonder what happens to your retirement benefits if you lose your job? Saving for retirement through an employer’s plan is an important part of your future financial security. The good news is you have protections under Federal law.
Employers' continued struggles with labor costs have led to additional hourly-rate cuts, salary reductions, furloughs, layoffs, and similar conventional measures. But are there other potentially less-disruptive and legal options? There might well be.