Search the Community
Showing results for tags 'FLSA'.
Found 1 result
-
Employer misclassified certain employees for FLSA purposes. So now back wages are being paid for overtime that was never paid during 2012-2015. It is not DOL or court-ordered back pay. Employer found the error on internal audit. Now it is correcting it itself. I have several questions: 1. For the payments that are made now (2015), should deferrals be withheld? And match be processed? The plan defines comp as W-2. 2. Is EPCRS correction triggered for the prior years? After all, the employees were not paid the proper amounts. This means that the employees missed a deferral opportunity and missed a match on the missed deferrals. Or is the payment of the wages (and liquidated damages) in 2015 enough that correction of prior years isn't needed? Thanks.