For all U.S. based companies or companies with employees in the U.S., FLSA compliance is a major responsibility. Ask anyone in HR or leadership and they will tell you how important it is. In the same breath, they’ll also tell you how time consuming it can be. Operating a remote business can make FLSA compliance even more difficult. With the recent increase in remote work, many companies are struggling with questions on how to stay compliant in their new remote or hybrid work environments.
A regular board performance evaluation helps the board improve and execute better governance. Periodic performance evaluations are necessary to pinpoint pain areas that should be looked into to increase the board’s effectiveness and an organization’s compliance purposes. Here is a list of things to consider when designing an effective board performance evaluation.
When lockdown hit, it immobilized the entire industry; staff had to transition to working from home, tenants and clients could only be supported online or over the phone and all repairs and maintenance work was brought to a sharp halt. Fast forward to now, after months of moving operations online and trying to digitize processes, several industry challenges have been put under the magnifying glass.