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The tide is turning on wage theft.
Wage theft is a problem Verfico can help eliminate.
Billions has been stolen annually from US workers.
Sad truths regarding wage theft:
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Only a fraction of Americans fully understand what “wage theft” means
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A considerable number of Americans have personally experienced or know someone who has experienced wage theft
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Fear of reprisals and lack of knowledge prevents many from reporting wage theft, and among those who did report wage theft, many did not receive their wages back
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The construction industry is among the top three sectors associated with wage theft, alongside food service and retail, leading to weakened trust in the sector
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Wage theft is the denial of wages or employee benefits that are rightfully due. Often times this takes the form of misclassifying a worker as an independent contractor (1099) when they should be an employee (W2).
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Wage theft can take many forms, including but not limited to:
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Not paying overtime
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Not paying for all hours worked
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Not providing required breaks
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Deducting money from paychecks for unauthorized reasons
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Requiring employees to work off the clock
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Not paying employees for required training
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Not paying employees for required uniforms or equipment
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Falsifying time records