SAFE HARBOR OR SHIPWRECK? – PART 2 « Law Offices of Timothy Bowles | Top Employment Law Firm in Los Angeles

SAFE HARBOR OR SHIPWRECK? – PART 2

Department of Labor Has Launched Program

For Voluntary Correction of Payroll Errors

Last week’s blog, Safe Harbor or Shipwreck?, detailed the U.S. Department of Labor’s (DOL) imminent PAID program (Payroll Audit Independent Determination). The program permits employers to audit their own records for wage compliance violations and to correct those violations in cooperation with the DOL, without incurring penalties.

On April 3, 2018, DOL announced it was officially launching PAID as of that date. It also provided a link to a website with information on what to do in order to participate.

If the program sounds interesting to you, please read our last blog for discussion on the benefits and pitfalls. You also can register for a DOL webinar to be held Tuesday, April 10, 2018, 1:00 – 2:00 p.m. EDT for further explanation of the program.

Before deciding to pursue PAID, employers should consult with a qualified employment attorney.

For further information, please contact Tim Bowles, Cindy Bamforth or Helena Kobrin.

Helena Kobrin

April 6, 2018

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