Continuing to face a slow economy, many small businesses have tightened their budgets while many students (as well as individuals considering new careers) may look towards internships to gain experience for little or no pay. The US Department of Labor (DOL), however, has been increasing its wage and hour enforcement efforts and is expected to do more so this summer. Last April, the DOL issued new regulations to remind employers of the difference between interns and employees (who are unlawfully not being paid). Simply put, employers cannot avoid the requirements of federal law by simply labeling employees as “interns” or “trainees” to minimize costs.
Do you know the six criteria the DOL has set to discourage employers from taking advantage of inappropriately classifying interns? What are the questions to ask about your internship program to help ensure you have a valid and properly classified internship position? What are the three key factors to keep in mind when considering an internship program at your company?
For answers to these questions and much more, be sure to read the featured article by the HR pros at MyHRSupportCenter, DOL Eyeing Employers’ Internship Programs. If you’re not yet signed up or would like a free trial of MyHRSupportCenter, contact Vision Payroll today.
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