Misclassification of employees can cost you…HERE IS WHY…
The IRS is cracking down on a widespread issue-misclassification of employees. But misclassification is not your only problem…another trap waits for you: the reclassification of exempt employees.
Reclassifying from exempt to non-exempt means those employees are now eligible for overtime pay and they’re generally entitled to back pay for the overtime hours they’ve worked.
So what does that mean for you? It opens the door to costly lawsuits and investigations by the DOL’s Wage and Hour Division.
You will learn how to limit your exposure to wage and hour lawsuits when reclassifying exempt employees.
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