Vedder Thinking | Articles Perils of Layoffs, Reduced Workweeks and Other Payroll Reductions Measures
Today's difficult economic and financial climate has many companies considering various cost-cutting measures, including layoffs, reduced workweeks, pay reductions and voluntary furloughs. These actions raise wage and hour questions that often are overlooked. The unwary employer may reduce payroll costs but wind up with a wage and hour lawsuit as a result. The good news is that a well-informed employer can avoid such risks.
To read "Perils of Layoffs, Reduced Workweeks and Other Payroll Reductions Measures," originally published in the Fall 2009 issue of The Illinois Manufacturer, please click the link above.