The United States Department of Labor (DOL) increased its fines by approximately two percent on January 15, 2020 in accordance with the Federal Civil Penalties Inflation Adjustment Act of 2015. The DOL evaluated all of the civil penalties it administered and calculated the annual inflation adjustments based on the consumer price index for all urban consumers. Ultimately, this evaluation resulted in an increase of approximately two percent to all but four of the penalties it administers.
As an example, if a company is found to…
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