How to Pass a Wage and Hour Audit from DOL [RR 704]

Key Talking Points Mike Davidson's Book -  https://www.leadershiplane.net/wage-hour ("Wage & Hour Compliance") Every business can get audited by a simple phone call from an employee  Keeping thorough records with notes, payroll documents, vacation time etc. Training pay- specific guidelines for compensation if they are doing something to benefit the business  Technicians in dealership vs independent- dealerships have exemptions the independents don’t have 7 Day Time record- any activity that contributes to benefiting your business 50 cent mistake- could face fine of $62,000  Four steps that will help protect you during an audit, written job descriptions, written Compensation Package, regular Rate Calculator, and Seven Day Time Record Connect with the show: https://aftermarketradionetwork.com/ (Aftermarket Radio Network) http://youtube.com/carmcapriotto (Subscribe on YouTube) https://remarkableresults.biz/episodes (Visit us on the Web) https://www.facebook.com/RemarkableResultsPodcast (Follow on Facebook) https://remarkableresults.biz/insider/ (Become an Insider) https://www.buymeacoffee.com/carm (Buy me a coffee) https://remarkableresults.biz/books/ (Important Books) Check out today's partners:       This episode is brought to you by AAPEX, the Automotive Aftermarket Products Expo. AAPEX represents the $740 billion global automotive aftermarket industry and has everything you need to stay ahead of the curve.  AAPEX 2021 is in the record books and lived up to presenting leading-technical and business management training from some of the industry’s best and brightest. Now set your sights on Las Vegas in 2022. Mark your calendar now … November 1-3, 2022, AAPEX - Now more than ever. This episode is brought to you by Shop-Ware Shop Management. It’s time to run your business at its fullest potential with the industry’s leading technology. Shop-Ware Shop Management will increase your efficiency with lightning-fas