Big stores including Walmart, Home Depot facing ‘historic’ levels of theft Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week. "As laws, technology and workplace practices continue to evolve, we’re changing our practice nationwide effective Jan. 16, 2023, to pay hourly associates to the nearest minute based on exact time punches," a Home Depot spokesperson confirmed to FOX Business . The new policy will mark a switch from its current practice, which the spokesperson said "has been to round total shift time up or down to the nearest 15 minutes." That "has been a common industry practice for many years," according to the spokesperson. Home Depot store in West Berlin, N.J. with rental trucks parked outside, Dec 25, 2022. (Fox News) The move was first reported Wednesday by Business Insider. The practice of rounding is permitted in the Fair Labor Standards Act (FLSA), with the law noting some industries tend to round to the "nearest 5 minutes, or to the nearest one-tenth or quarter of an hour." It must be "used in such a manner that it will not result, over a period of time, in failure to compensate the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
