Chicago Business Litigation Lawyer Blog
Under the federal Fair Labor Standards Act (FLSA), every employee is entitled to receive accurate itemized wage statements along with their paychecks. These wage statements need to specify: the employee’s hourly rate; the pay period; the number of hours the employee worked in that pay period; the total wages paid, and any deductions made to the employee’s wages (such as taxes, health insurance, etc.).
Employers are required to provide these wage statements so their workers can keep track of the hours they worked and the money they made. It also helps them estimate how much money they’ll make in future pay periods so they can plan their finances accordingly. Continue reading ›