Thompson Information Services Launches an All-New Resource: Thompson's FLSA Audit Tool
Bethesda, MD (November 23, 2015) - Thompson Information Services, a leading publisher of human resources compliance information, today released an all-new resource, Thompson’s FLSA Audit Tool. This comprehensive tool guides wage and hour compliance specialists, HR and payroll managers as well as compensation professionals through a series of questions about their organization’s wage and hour practices and, based on their specific answers, generates an easy-to-understand Compliance Report that includes:
- Overall risk factor assessment
- Areas of concern and tips on what to do next
- An at-a-glance risk rating, minimal, moderate, significant or severe, in specific categories
“With changes to the overtime rules coming in 2016, it is more critical than ever before that employers know their areas of risk and start addressing potential compliance issues before enforcement ramps up,” said Gwen Cofield, associate publisher for Thompson’s HR Compliance division. “This tool will be updated to reflect any changes when the rules are finalized, but the financial risks of noncompliance are already staggering, so employers should not delay in taking action.”
The FLSA Audit Tool is the latest in a series launched by Thompson this year with the aim to empower HR professionals by helping them save time, minimize their cost and protect themselves and their organizations against regulatory violations and civil liability.
It is available online at www.smarthrmanager.com/flsa.
About Thompson Information Services, a division of Columbia Books & Information Services
Since 1972, thousands of professionals in business, government, law and academia have relied on Thompson Information Services for the most authoritative, timely and practical guidance available. Throughout the years, these professionals have depended on Thompson for help complying with ever-changing regulatory mandates facing their organizations in a variety of areas. These areas include: Human Resources; Retirement Plans and Employee Benefits; Grants Development and Management; Food and Drug; Environment, Energy and Health Care.