What Is Business Compliance?

Workers and employers are affected by compliance laws.

The federal government, through the United States Department of Labor, has set up laws and regulations that pertain to workers, employers, job seekers and retirees. The Office of Compliance Assistance Policy provides information on how to comply with the various laws.

Wages

The Fair Labor Standards Act sets minimum wage laws, overtime pay, recordkeeping and child labor laws. As of 2009, minimum wage is $7.25 per hour. Overtime laws require the employer to pay covered employees at least 1 ½ times regular pay after they work 40 hours. Recordkeeping refers to records of wages paid and hours worked. Child labor laws restrict hours for children under 16.

Safety

The Occupational Safety and Health Act is responsible for safe and healthful workplaces. To comply, businesses must limit exposure to toxic substances and physical hazards.

Workers' Compensation

The Office of Workers Compensation Programs compensates certain workers who were injured on the job. Compensation includes wage benefits, medical treatment and rehabilitation.

Health Benefits

The Employee Retirement Income Security Act is responsible for employee benefit plans. This includes retirement and health benefit plans.

Unions

The Labor-Management Reporting and Disclosure Act is responsible for protecting unions and for requiring unions to file annual financial reports.

Employee Protection

Employee protection helps people who file a complaint about employers who are violating the law. A whistleblower may be able to have her job reinstated or back wages paid to her if she was fired, demoted or passed over for promotion because of the complaint being filed.

References

• U.S. Department of Labor: Compliance Assistance