Compensation & Benefits

The rise of third places and how payroll must tax them

06/20/2024

Private clubs used to be for the rich, and many still are. But there’s a new type of private club—those charging as little as $2,500 annually—and many employees are joining. Employees often conduct business in their clubs, which means you must know the payroll rules.

Court: Denying transgender-care coverage violates Title VII

06/17/2024

For the first time, a federal appeals court has ruled that an employer that provides health insurance for its employees violates Title VII if it refuses to cover transgender care. That, in the words of the court, violates Title VII’s sex-discrimination provisions because it denies transgender workers the same benefits other employees are entitled to.

2025 health insurance renewal: Ask 5 questions to start planning now

06/17/2024

Now is the time to start laying the groundwork on your next health insurance renewal go-round. An early start will give you a fighting chance to keep costs under control in 2025.

$360K reasons employers need EPLI insurance coverage

06/07/2024

Sometimes, the laws that govern conduct in the workplace conflict in ways that are almost impossible to reconcile. When that happens, litigation is sure to follow. That’s one reason it’s essential to carry employment practices liability insurance. It can help pay for legal costs, damages and settlements when employers find themselves caught between a rock and a hard place, as happened in this case.

Do your benefits line up with what employees want?

06/05/2024

The 2024 Workplace Benefits Report from Bank of America offers valuable insights into employees’ evolving needs and expectations. As an HR professional, understanding these trends can help you craft a competitive benefits package that attracts and retains top talent.

E-Verify users: Check bookmarks for log-in access before June 25

06/03/2024

If you use the E-Verify electronic system to check the work eligibility of new hires, pay attention to an upcoming change: Effective June 25, the E-Verify account log-in page will only be accessible through everify.uscis.gov.

July 2024: Employer’s business tax calendar

05/31/2024

Here’s your monthly guide to critical payroll due dates.

Employer groups sue to block DOL’s new overtime rule

05/24/2024

A coalition of trade associations has filed a sweeping lawsuit asking a federal court in Texas to postpone the rule’s July 1 effective date, stop the rule from taking effect and forbid the DOL from “taking any action whatsoever” to implement the rule.

401(k) balances up 17% year over year

05/20/2024

The Bank of America Institute crunched the numbers, concluding that employees are contributing slightly more to their 401(k)s while borrowing against their funds less.

Employees reclassified? Time to start training managers