Businesses Steal $15 Billion a Year from Employees. Is Your Business One of Them?

Wage theft sounds like something that sleazy men in back rooms perpetrate to further oppress their employees. While that does happen, a lot of wage theft is unintentional.

A new study from the Economics Policy Institute (EPI) says that employers short their employees by $15 billion a year, which means that millions of people are paid less than minimum wage for their work. This is, of course, illegal, and everyone reading this article knows this, so why on earth would your company be in violation? Well, wage theft isn’t always the case of a corrupt boss attempting to take advantage of employees. And paying below minimum wage isn’t the only form of wage theft.

Most businesses in the United States are covered by the Fair Labor Standards Act (FLSA) which determines not only minimum wage but when an employee is due overtime pay. You could be violating this law

EPI identifies 7 different types of wage theft. Here’s how you could accidentally be committing one of these crimes.

To keep reading, click here: Businesses Steal $15 Billion a Year from Employees. Is Your Business One of Them?

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