Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Are you accurately paying your employees in compliance with the Fair Labor Standards Act (FLSA)? According to a recent survey, released by TSheets, one-third of employers say they have paid their employees compensation time, or comp time, instead of overtime, a common violation of the FLSA.
Most employers with traditional defined benefit (DB) plans are interested in transferring their pension plan risk off their books, according to a retirement plan industry think tank that measures pension buyout activity.
In a three-sentence order entered just before the close of business March 14, the Arizona Supreme Court rejected a constitutional challenge to the Fair Wages and Healthy Families Act, commonly known as Proposition 206. The unanimous ruling dashed the last remaining hope of business groups trying to block the voter initiative, which raised the state’s minimum wage to $10 per hour on January 1 and mandates paid sick leave for most employees beginning July 1, 2017.
Question: We have some employees that are exempt and are on salary being paid a commission. If these employees work on a Sunday that is a holiday how should they be paid for that time? Are we in compliance if we calculate a flat amount based on the salary they are being paid in the […]
Recently proposed legislation affecting the Affordable Care Act (ACA) alleviates much of the law’s burden on employers. And even though the bill will probably face several rounds of changes, the provisions undoing employers’ responsibilities are relatively uncontroversial and will likely be left alone, experts say.
Recently, the Minnesota Supreme Court held that an employee’s misrepresentations on an employment application qualified as “employment misconduct” under the Minnesota Unemployment Insurance Law, Minn. Stat. ch. 268. As a result, the employee was disqualified from receiving unemployment benefits.
On March 13, the nonpartisan Congressional Budget Office (CBO) released its cost estimate of the effects of the proposed Affordable Care Act (ACA) repeal/replace legislation.
Legislation approved by a House committee would largely negate the U.S. Equal Employment Opportunity Commission’s (EEOC) wellness program rules, which plan sponsors have criticized for adding a duplicative layer of regulation to earlier standards set by other agencies.
Many employers have taken notice that employees today are requesting flexible work options more often. Whether that’s telecommuting, a flexible work schedule, a shortened work week, or some other flexible arrangement, these types of benefits are becoming more and more common.
Workers are getting older, sleepier, and increasingly worried about their finances while they rely on mindfulness and emerging technology to help them achieve their desired health. This is the state of wellness according to the 2017 Humana Wellness Trends Report.