Contractors BEWARE: One Wage Mistake = 200% Damages + 16% Interest!

In this episode of The Daily Windup, we delve into the crucial role of the New York State Department of Labor and its significance in protecting workers and small businesses alike. Our guest, a former New York State Labor Inspector General, shares invaluable insights gained from 12 years in government service. We explore the origins of the Department of Labor, which was formed as a response to the tragic Triangle Shirtwaist Factory fire, and how it continues to advocate for the rights and safety of workers. Our guest highlights the various aspects of their work, including overseeing civil and criminal investigations, internal audits, and government contracting. Certified payroll procedures are discussed, emphasizing the importance of accuracy and adherence to prevailing wage rates. We learn about common issues faced by businesses, such as misclassifications and wage discrepancies, which can lead to significant liabilities. Tune in for essential tips on safeguarding your business and ensuring compliance with labor laws. Protecting workers and supporting small businesses go hand in hand, and this episode provides valuable knowledge to entrepreneurs navigating the complex landscape of labor regulations in New York State. Join us for this eye-opening conversation on The Daily Windup!