COMPENSATION & BENEFITS

IRS lets employees drop cafeteria coverage, choose ACA plans

10/22/2014
The IRS has expanded the conditions under which cafeteria plans may allow employees to revoke their participation in group health plans to account for individual coverage that’s available on the Affordable Care Act’s health insurance exchanges. That could save them money.

FICA wage base increases to $118,500 for 2015

10/22/2014
The 2015 taxable wage base for the Social Security portion of FICA is $118,500, a 1.28% hike over the 2014 wage base. The 6.2% Social Security tax is payable by both employers and employees; in 2015, the maximum tax is $7,347.

SHOP 2015: Buying health insurance on the ACA exchanges

10/22/2014
Under final ACA regulations, open enrollment for the 2015 plan year begins Nov. 15, 2014, for small employers that buy group health plans through the federally run Small Business Health Options Program. State-based SHOPs can set their own open enrollment periods.

Worker damaged truck then quit: Any recourse?

10/22/2014
Q. An employee driving a backhoe backed into a wall and tore the door off. We had to install a new door ($275), but the employee quit that same week. So we deducted $275 from his last check. Now he says he’s talking to a lawyer. Were we right?

Holiday bonuses: Great for everyone's morale (but Payroll's)

10/21/2014
Holiday bonuses are a tradition at many companies. Employees usually receive their bonuses in December. But Payroll must begin planning for them now. Here’s what you need to know.

5 ways employers should respond to wage garnishments

10/20/2014
While the economy is finally waking up from the Great Recession, millions of Americans are still feeling the hangover in the form of wage garnishments. What if a lender wants a piece of your employee's paycheck? Here are five tips.

All large employers on the 2015 health care reporting hot seat

10/20/2014
Now is the time to make decisions regarding information reporting, since the first returns are due in 2016.

Take a bite out of corporate travel expenses with per diems

10/17/2014
How can you keep employees out on the road without busting the company’s travel budget? You can get more bang for your travel buck if you use the federal government’s per diem rates.

In pay case, Supreme Court asks: What is work?

10/16/2014
Does standing in line count as work? That was at the core of the Justice’s questions on Oct. 7 as the U.S. Supreme Court heard oral arguments in Integrity Staffing Solutions v. Busk (No. 13-433, U.S. Supreme Court, 2014).

Bubble, bubble, toil and year-end trouble

10/15/2014
This time of year isn’t just about the Halloween treats. You can avoid a witch’s brew of nasty year-end tricks by having a plan. Here’s some help to get you started.

Health benefit reporting on 2014 Forms W-2

10/15/2014
Here's a downloadable breakdown of health benefits and whether you must report them. The IRS has clarified that even if a benefit isn’t reportable, you may voluntarily do so.

What do we need to consider before offering extra pay for weekend work?

10/14/2014
Q. We have a short-term project coming up that is going to require some of our hourly, nonexempt employees to work some extra weekend hours. We are thinking we might pay them a higher rate to work on the weekends to encourage employees to volunteer and to reward them. Is there anything we should be keeping in mind before we do that?

Enhanced pay report proposed for fed contractors

10/14/2014
The U.S. Department of Labor has issued a Notice of Proposed Rulemaking that would require the Office of Federal Contract Compliance Programs to collect pay data from federal contractors.

Court runs out of patience with tightwad insurer

10/14/2014
Courts don’t like it when insurers try to use technicalities to limit benefits.

A few unpaid 'donning and doffing' minutes can add up to penalties worth millions

10/14/2014

With few exceptions, hourly employees are entitled to pay for all time worked. Paid time can include the time it takes to put on specialized equipment and clothing and walk to a workstation. If you rely on an inaccurate formula to calculate that time, a jury may correct your mistake for all similarly situated employees—and a judge may double the amount owed for unpaid time.

1 2 3 4 ..........449 450 Next