Is Your Retirement Plan Ready for a DOL Investigation?
A U.S. Department of Labor (DOL) investigation of an employer-sponsored retirement plan may originate in a variety of ways.
Tag: DOL
New DOL Fiduciary Rule Takes Effect June 9; Acosta Says SEC Should Be Involved
The fiduciary duty rule crafted by the Obama administration’s Department of Labor (DOL) will become applicable June 9, as the regulatory agency continues to review it for possible changes or reversal.
Are You Making These Common COBRA Mistakes?
Everyone makes mistakes—but some mistakes are simply too costly to make. Especially when it comes to managing your workforce. Neither are Employee Retirement Income Security Act (ERISA) penalties or U.S. Department of Labor (DOL) lawsuits, so how can an organization incur such liabilities? Through compliance violations when it comes to administering health insurance continuation under the […]
Summer Work: When Is a Minor an Employee or an Intern?
It’s that time again, when employers are considering hiring minors for the summer—in camps, restaurants, resorts, swimming pools, and anywhere else business picks up in the warm weather months. There are strict laws pertaining to hiring minors.
DOL to address overtime rules by June 30
A federal court of appeals has granted the U.S. Department of Labor (DOL) its third extension in defending a lawsuit challenging new Fair Labor Standards Act (FLSA) overtime regulations. A lower court temporarily enjoined the rules last year, and the Obama administration appealed that order. Now the Trump administration must decide whether to continue with […]
Worker Misclassification and the Freelance Economy
The freelance economy continues to grow, and from many indications, workers and companies each enjoy the benefits.
‘Breathtakingly Radical’: DOL Nominee Questions Legality of Any Overtime Salary Threshold
Trump’s nominee for Secretary of Labor has questioned whether the U.S. Department of Labor (DOL) has the authority to set any salary threshold for overtime pay—not just the pending increase that effectively brings the threshold to $47,476.
Changes May Be in Store for Overtime Rule, FLSA
The U.S. Department of Labor (DOL) may be in a holding pattern for now, but employers are probably in for some wage and hour changes in the coming months, Tammy D. McCutchen told attendees at the Society for Human Resource Management (SHRM) employment law and legislative conference.
HR Case Illustrates the Need for Proper Training
By Kate McGovern Tornone In yesterday’s Advisor, BLR® editor Kate McGovern Tornone laid out the facts of a case where an HR manager wasn’t careful in communication. Today Tornone reveals the outcome of the case—and why it could’ve been prevented with good HR training.
Can’t Blame it on the Accountant: Employer Pays $2M for Wage Violations
While employers can sometimes avoid extra liability in wage and hour claims by showing that they tried to comply with the law, that defense was of no use to an employer who, despite using an accountant, falsified employee time records.