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Compensation & Benefits

Final rule: Fed contractor employees to earn at least $15 per hour

The U.S. Department of Labor on Nov. 22 issued a final rule increasing the minimum wage for employees working on federal contracts to $15 per hour beginning Jan. 30, 2022.

Paid family and medical leave back in BBB bill passed by House

A scaled-down provision for paid family and medical leave that had been previously stripped from the $2 trillion Build Back Better Act made it into the final version passed by the House of Representatives on Nov. 19. Odds are the entitlement will not survive once the Senate finishes with the legislation.

Average family health premiums rose 4% this year

Annual family premiums for employer-sponsored health insurance rose 4% to average $22,221 this year, according to the 2021 Kaiser Family Foundation Employer Health Benefits Survey, released Nov. 10.

Survey: Most employers conduct pay equity reviews

Nearly three in five employers—58%—voluntarily conduct pay equity reviews to identify possible pay differences between employees performing similar work, according to new research by the Society for Human Resource Management.

DOL issues final tip credit rule

A new final rule from the DOL prohibits employers from paying tipped workers a sub-minimum wage if they perform non-tip-producing work more than 20% of the time.

HSA distributions hit an all-time low last year

The cause: the pandemic, of course.

Employment law: What’s out, what’s in revised reconciliation bill

The Build Back Better budget reconciliation legislation that has languished in Congress for months has been scaled back to make it more affordable. Some employment-related initiatives have been tweaked, while others remain part of the package.

Biz interruption insurance: Can it cover pandemic losses?

So far, the answer from the courts is a resounding “no.”

Amazon’s leave fiasco could trigger worker skepticism

Amazon got lots of public heat last week after a New York Times report detailed major glitches in the company’s handling of employees’ paid and unpaid leave. The result: Paycheck errors shortchanged workers at nearly 180 Amazon locations for years.

Employees want raises soon, or else they’ll jump ship

Workers believe pay raises are overdue and they want one soon, according to research by the Robert Half employment firm. Its 2022 Salary Guide concludes employers will have to pay more if they want to keep their best workers from seeking new jobs elsewhere.