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Changes to IRS’ EPCRS Focus on Auto-features

The second round of revisions to IRS’ Employee Plans Compliance Resolution System in a week focused on failures in automatic enrollment and escalation in defined contribution retirement plans. The procedural changes from the agency also addressed DC plans’ automatic employee contribution features that experience short-term elective-deferral failures. The procedural changes in Revenue Procedure 2015-28 were released […]

‘Tis the Season to Hire Seasonal Workers

It’s easy (and common) for retailers to hire temporary seasonal workers to help handle the rush of holiday business. But however temporary their employment might be, they’re still employees with all the potential for employer liability that status entails. It’s important to bear that in mind. Audit your hiring policies and practices with the Employment […]

The Pros of Boomerang Employees

It’s often bittersweet to see a colleague leave your organization for another opportunity. On one hand, you may be happy he or she found a new position, but on the other hand, you’ll miss working with him or her.

AI Investment Is Growing: Is Your Workforce Ready to Deliver the Value?  

AI strategies are often built around technology: which tools to buy, where to deploy them and how quickly they can scale. What determines whether those strategies succeed is often less technical. West Monroe’s recent report, Building the AI-Native Enterprise, found that while 91% of leaders say their organizations are aligned on AI strategy, only 57% […]

Companies Take Steps to Counteract Labor Shortages

As labor markets continue to tighten, companies are pursuing additional strategies for recruiting untapped talent and retaining workers. So finds a new report by The Conference Board, a global business membership and research association.

Federal agencies cracking down on gender identity discrimination

As the debate over gender identity discrimination rages within the halls of state and federal governments, employers are left to wonder how the controversy will play out in the workplace. One high-profile aspect of the issue centers on North Carolina’s House Bill 2, which Governor Pat McCrory signed into law on March 23. The law […]

Calculating Overtime Using the Fluctuating Workweek Method

By Anne Torregrossa, JD, Brann & Isaacson When pondering wage and hour law, folks generally think in terms of “hourly” and “salaried” employees to distinguish between workers who are subject to the minimum wage and overtime requirements and those who aren’t. However, they are really talking about “nonexempt” and “exempt” employees under the Fair Labor […]

Bank Salary Increases Coming Soon

Banks are looking to grow, according to the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey.

Agencies Would Broaden Exceptions to Required Benefits

Employee assistance programs and certain “limited wraparound coverage” would be added to the set of “limited excepted benefits” exempt from most of the requirements of the Affordable Care Act, under proposed rules in the Dec. 24 Federal Register (78 Fed. Reg. 77632). The proposal also would make it easier for dental and vision benefits to […]