- - Small Business

http://smallbusiness.findlaw.com

Saturday, Oct. 11, 2008

What are My Record-Keeping Requirements Under the FLSA?

Employers are required to maintain and preserve certain wage records in order to show their compliance with the FLSA. Employers must maintain employee payroll records for three years containing such information as employee names, hours worked each workday and workweek, wages paid, deductions from wages, straight-time wages and overtime paid. The employer must also retain for a two-year period records that provide documentation in support of the payroll records, such as time cards, work schedules, and order and billing records.