The Department of Labor has implemented the nationwide Payroll Audit Independent Determination (PAID) program and is encouraging employers to participate.
Employers would self-audit their payrolls for overtime and minimum wage violations under FLSA regulations. If any violations are discovered, they should be self-reported through the PAID program.
How does it benefit employers?
The benefit to employers who self-report through the PAID program is that Wage & Hour does not impose penalties or liquidated damages to finalize settlements for PAID program participants. The PAID program is an initiative put in place to resolve overtime and minimum wage non-compliance matters quickly and without litigation, and to help employees recoup back wages more quickly.
Note that employers may not use the PAID program to report or resolve issues that are currently under investigation -- PAID may only be used to self-report never before reported issues. For more information, visit https://www.dol.gov/whd/paid/.