Recordkeeping Requirements for Employers

Jun 30, 2014 | Household Employer Policies, Household Payroll & Taxes

recordkeeping requirements for employersAccording to the Fair Labor Standards Act (FLSA), employers – including household employers – are required to keep records on wages, hours, and other items as specified by DOL recordkeeping regulations. No particular form is required, but certain identifying information about the employee and data about the hours worked and the wages earned is required by the FLSA. The law requires this information to be accurate. Recordkeeping requirements for employers include the following:

  1. Employee’s full name and social security number.
  2. Address, including zip code.
  3. Birth date, if younger than 19.
  4. Sex and occupation.
  5. Time and day of week when employee’s workweek begins.
  6. Hours worked each day.
  7. Total hours worked each workweek.
  8. Basis on which employee’s wages are paid (e.g., “$9 per hour”, “$440 a week”, “piecework”)
  9. Regular hourly pay rate.
  10. Total daily or weekly straight-time earnings.
  11. Total overtime earnings for the workweek.
  12. All additions to or deductions from the employee’s wages.
  13. Total wages paid each pay period.
  14. Date of payment and the pay period covered by the payment.

Payroll records should be kept for at least three years; wage computation records, such as time sheets, work schedules, and changes in wages, should be kept for two years.

For more information, please contact GTM’s Household Employment Experts at (888) 432-7972.

Free Consultation

On your household
employment
situation

Learn More

 

 

Free Consultation

On your household
employment
situation

Learn More

Subscribe to our Blog

The weekly Household Employer Digest delivered to your inbox.

Learn more and subscribe.


Click on a tag for related articles:

Get a Free Consultation

Get help from our experts on how to manage your household tax and payroll.

Call Today!
800-929-9213

Mon – Fri 8:30 am – 8 pm ET
LinkedIn
LinkedIn
Share
Skip to content