Are flex work options the key to employee happiness, engagement, and even greater productivity? Some believe so. Flexible arrangements can give workers more options when it comes to their schedules. They can create new ways for employees to engage with the workplace. And, they can benefit your company, especially if they help foster a happier […]Read More >
How the Cloud Can Help You Stay Compliant with Wage & Hour Laws
- nettime solutions staff
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 businesses and organizations. In fact, mid-career professionals may remember “the old days” when software updates came from a local, in-house server, or happened manually from machine-to-machine with the help of the IT staff.
With the cloud came the promise of freedom, and the chance to connect with colleagues and collaborators safely and securely from anywhere at any time.
Part of the drive behind the development and adoption of cloud-based technologies was the desire to move beyond the wires that kept people locked to machines. And a decade ago, when some businesses were hearing about the cloud for the first time, nettime solutions was actually stationing the industry’s first time & attendance solution in the cloud.
We recognized that the need for rapid deployment and fast response was one of the most essential benefits of our services. As such, moving to the cloud would help us address some of our customers’ most pressing needs, from solving security issues, to fixing software bugs, to responding to new laws—something that’s always mattered to stratustime.
This is because compliance is everywhere.
We don’t think it’s possible to overstate how important it is for companies and organizations to stay compliant in every facet of their business. The need for compliance touches nearly everything, including:
- How businesses and non-profit organizations handle time sheets.
- Company benefits such as health insurance.
- How you track time for remote workers.
- Ever-changing wage and hour laws and regulations on the state and federal levels.
While features and functionality will always matter, stratustime also focuses on helping companies and organizations keep up with issues related to regulatory compliance. Our latest report, “What’s Really Different About stratustime” provides a deeper look into the steps we take behind the scenes to help make sure your people can clock in and out with confidence, while we keep an eye on the legislatures. Read it now.
When you put stratustime’s time & attendance software to work for you, you can leverage our team of programmers, technicians, and compliance experts to help you keep up with changing wage and labor laws.
When you’re tasked with handling things like tracking time & attendance, making schedules, supporting payroll, and perhaps even handing personnel issues, the idea of becoming an expert of wage and labor laws can be more than a little daunting. Still, in the eyes of regulators and government officials, there’s no excuse or “free pass” for a company that accidentally violates or missteps a rule or regulation.
To support stratustime customers, we monitor laws around the country, then improve the way our software functions.
Our in-house risk management team includes 60 compliance professionals who keep track of legal and regulatory changes at the federal, state and local levels.
- We have eyes on as many regulatory issues as possible, including retirement, insurance, paid sick leave, non-discrimination laws and more.
- We monitor and track changes to pending legislation as they happen.
- We push information out to our product developers to begin planning updates when changes occur.
While there’s no “one-size-fits-all” concerning staying compliant with wage & labor laws, there is stratustime. Give us a call today, and learn more about how stratustime stays on the clock for you.
Contact a Time & Attendance Expert Today