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Responding to Employees’ Online Comp Data

Experts Terry Pasteris and Mark Lipis have an answer, but first, the rest of their focal points for 2012 from yesterday’s Advisor. (Pasteris is president of TLMP Consulting Group and Lipis is owner of Lipis Consulting Inc.) 2012 Focal Points for Private Companies Here’s what Lipis and Pasteris suggest you consider for 2012: IRS’s continued […]

Why Family-Building Benefits Have Become Essential in Today’s Workforce

More and more, employers are offering family-building benefits with much more than just parental leave as part of their core compensation packages. In fact, these benefits are integral to attracting and retaining diverse talent, including heterosexual and same-sex couples, as well as single-intended parents, and to attracting top candidates across all industries. Increasingly, a benefits […]

A Talent Churn Is Coming: How Can Companies Prepare for It?

While the job market continues to fluctuate, there’s one trend that’s picking up speed: employee turnover. A March 2021 survey from Morning Consult and Prudential found that 26% of respondents plan to look for a new employer once “the threat of the pandemic has decreased.” As the United States inches closer to herd immunity, employers […]

Which came first—the people or the culture?

There is a lot written about the advantages of chemistry and great company culture, but what really are those things? A company is a social organization with rules that govern the relationships between people and among groups. There is a division of activity, and there is agreement regarding certain obligations of the various parties. This […]

ACA Challenges–What’s ‘Affordable’ and What’s ‘Minimum’ Coverage?

Under what circumstances will an employer owe an Employer Shared Responsibility payment? In 2014, says Simon, senior legal editor at BLR®,  if an employer meets the 50 full-time employee threshold, the employer generally will be liable for an Employer Shared Responsibility payment only if either: The company doesn’t provide coverage to substantially all (95% or […]

Be Aware of Common Mistakes in Employee Retirement Plans

Many employers regularly perform voluntary plan audits that can uncover errors. However, you can spot errors without a third-party audit. Below are some of the most common employee benefits and retirement plan mistakes.

FLSA

Staffing Firms Gain Extra FLSA Overtime Protection

Temporary staffing firms may qualify as “retail or service establishments” and therefore may be able to apply the Fair Labor Standards Act’s (FLSA) “retail sales” overtime exemption to some of their employees, according to a recent opinion letter from the U.S. Department of Labor (DOL).