In Oregon the department of labor has received 15 complaints for a fitness club that has bounced payroll.
The department of labor is now going to give the fitness club six months to obtain a $187,200 payroll surety bond. The bond amount requested amounts to six months’ worth of wages. The Payroll surety bond will guarantee that payroll will be paid on time and within reason.
If the fitness club does not obtain the bond within six months the club will be shut down.
Tags: oregon surety bond, payroll surety bond, surety bond, what happens if your late on your payroll
