MILWAUKEE, WI--(Marketwired - October 05, 2016) - Zywave, a leading provider of software solutions for insurance brokers, announced the launch of Zywave's FLSA Violations Database today. The new tool is a comprehensive listing of all employers who have been cited for violating any FLSA regulations in the past 10 years.
"FLSA lawsuits have increased 400 percent in the last 15 years, and FLSA violations have been found in 79 percent of investigations," said Andrew Pease, senior market analyst at Zywave. "With the impending FLSA overtime rule taking place Dec. 1, 2016, many of our partners are looking for ways to identify which of their clients are or could be in jeopardy of violating FLSA regulations so they can help remedy the problem by offering relevant solutions. We developed this powerful tool so that brokers can proactively deliver value to clients and differentiate themselves from competitors."
Zywave's FLSA Violations Database
The FLSA Violations Database lists more than 100,000 FLSA violations that have been cited within the last 10 years. It includes the employer name and address, the number of violations cited, and back wages and penalties associated with each violation. The database doesn't simply offer an easy way for brokers to pinpoint which of their clients or prospects have violated regulations in the past. It goes a step further and provides specific recommendations for which Broker Briefcase® resources the partner should use to help educate an employer about the problem that led to the violation.
"As the market changes, we continually look for new ways to support our partners and help them meet increasing client demands," said Dave O'Brien, Zywave's CEO. "Ninety-eight percent of insurance buyers say it's important that their broker provide them with legislative updates and guidance. Many brokers want to meet this need, but they face challenges when trying to find a way to actually execute. Our new FLSA Violations Database, paired with Broker Briefcase content, enables brokers to address unique compliance pain points with a multitude of turnkey, FLSA-specific resources."
The FLSA Violations Database is provided exclusively through Zywave and is available to partners with Broker Briefcase Benefits edition.
To learn more about Zywave's full suite of solutions for brokers, visit www.zywave.com.
Zywave is a leading provider of software-as-a-service (SaaS) technology solutions for the insurance industry. The company's products include web-enabled marketing communications, business intelligence and analytics, client resource portals and agency management tools. More than 3,500 brokerages worldwide -- including more than 90 of the top 100 U.S. insurance firms -- use Zywave's proven solutions to differentiate themselves from the competition, enhance client services, improve efficiencies and achieve organic growth. To learn more, visit www.zywave.com.