Another Reason To Accurately Record Employee Hours

Law360, New York (September 28, 2012, 1:34 PM EDT) -- As most employers know, there are numerous reasons why it is critical to keep accurate records of employees' hours worked, particularly for nonexempt employees. The First Circuit recently added yet another: failure to keep accurate records could require employers to show that they are not required to make hours-based contributions to Employee Retirement Income Security Act-governed benefit plans (as opposed employees or benefit plans being required to show that employers are required to make those contributions). This potentially could open the door to significant increases in benefits contributions from employers....

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