Caught Between a Rock and a Hard Place In order to survive the recent recessionary earthquake, some organizations felt they needed to use creative ways to reduce fiscal outflow. One such practice that fell afoul of government regulators looking out for the welfare of the American worker, was paying employees fixed salaries for all hours […]
A recent series of articles in HR Magazine, the publication from the Society for Human Resources Management, discussed the increasing burden of regulatory compliance on employers in the United States prior to the Great Recession and as a result of employer practices during it. A similar series of articles in the May 2011 PEO Insider, […]
Implementing an automated time and attendance solution is a great opportunity to review and update company policies and practices to ensure that your organization is compliant with local, state and federal labor laws. It is also an opportunity to eliminate old, outdated and unwritten policies that have crept into company practices over time. Fans of […]
Caught Between a Rock and a Hard Place In the ensuing panic that resulted as the Great Recession took hold, some companies went belly up while others, both unscrupulous and not, chose to use questionable labor practices to help them survive and then dig out from underneath the rubble of the recessionary earthquake. Hiring independent […]
In a 2012 survey we conducted looking at labor law education, we discovered that the largest percentage of respondents depended on their employer’s policies to know about labor laws. In our culture of on-demand information, it’s surprising to know that so many people depend heavily on their employers for such critical knowledge about the regulations […]
In today’s constantly changing business environment, companies are facing strong competition and aggressive enforcement of federal, state and local labor laws as well as wage and hour lawsuits. We’ll look at five reasons organizations automate their time and labor management to help minimize labor law compliance risk, free time to focus on strategic initiatives and […]
Featured Topic: What's Unique About stratustime?
For many professionals, the phrase “cloud-based computing” has become synonymous with business-as-usual, and the promises that come with the cloud, such as rapid deployment, faster services, and greater connectivity, are baked into many modern work environments. However, less than a decade ago, the concept of the cloud was still new and fairly novel for many […]Read More >
Do you remember the proposed overtime changes to the Fair Labor Standards Act (FLSA) in 2016? Once in effect, the rule was predicted to extend overtime protections to 4.2 million workers who were not previously eligible under federal law. Plenty of workers were excited about the changes, while many companies were a little concerned. And one sector that […]Read More >
Between the country’s economic growth and the record low unemployment rate of 4.1%, times are looking good for many companies and workers. Now wages are starting to nudge upwards too. According to recent Bureau of Labor Statistics data, average hourly earnings moved up nearly 3% from a year ago. This means that more money is […]Read More >
How stratustime Works
stratustime tracks employee hours through PCs, mobile devices, and POS systems, then automatically transmits time and attendance data to your payroll service. Advanced features like scheduling, PTO accrual, and labor forecasting give HR managers and payroll specialists more time to focus on people instead of data entry.