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Monthly Archives: June 2022

Can you pay employees with cryptocurrency?

In a word, no. The Fair Labor Standards Act (FLSA) regulations state that wages must be paid in cash or its equivalent. Employers may pay bonuses in crypto, but FLSA regulations do not permit base wages to be paid in virtual currency (crypto), such as Bitcoin. Payments for work are considered "wages" for employment tax [...]

June 22nd, 2022|compensation, Department of Labor, labor regulations, Fair Labor Standards Act (FLSA)|
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Can you count FMLA leave under your no-fault attendance policy?

The Department of Labor (DOL) recently clarified how attendance policies can lead to violations of the Family and Medical Leave Act (FMLA). No-fault attendance policies give employees points for every absence instead of distinguishing among reasons for leave. For example, a father who misses three days of work to care for his young daughter in [...]

June 10th, 2022|FMLA|
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