What You Should Know About the Wage-Hour Law

Abstract

If you were to be audited by the Internal Revenue Service, you'd make sure you were prepared for the audit and that your tax consultant was present. Few hospitality operators take the same precautions for a wage-hour investigation —with damaging re sults. In 1980, food-service employers were assessed $21.9 million in wage underpay ments to 118,000 employees (or almost 18 percent of the $124 million owed by all employers in violation of the wage-hour law). *

This article will help you adhere to the wage-hour requirements and prepare for inves tigations -precautions that could save you thousands of dollars