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Compensation & Benefits

Special analysis: Good records save tax penalties

01/16/2020
Tax audits are all about your records. Have good, accurate and complete records and you will walk away from an audit relatively unscathed. Have sloppy, incomplete and inaccurate records and you will needlessly pay tax penalties. Two cases are illustrative.

New NACHA protocol squelches direct deposit phishing

01/16/2020
NACHA—the electronic payments organization behind all electronic banking transactions, including direct deposit—has developed a standard, voluntary protocol to help employees’ banks fight direct deposit-related ID theft.

More lawsuits winning class-action status

01/16/2020
Employees managed to convert individual lawsuits against their employers into class actions at a record-breaking clip in 2019, according to the Seyfarth Shaw law firm’s annual Workplace Class Action Litigation Report.

Snapshot: Your employees’ top financial stressors

01/14/2020
The looming threat of the unexpected is what causes workers the most financial stress.

DOL rule narrows ‘joint employer’ status

01/14/2020
A new Department of Labor rule tightens the definition of what constitutes a joint employer under the Fair Labor Standards Act, making it less likely that more than one entity can be held liable for the same federal wage-and-hour violations.

The new overtime rules: 6-point checklist to start complying now!

01/09/2020
Are you fully compliant with the new overtime rules that went into effect Jan. 1? Follow this checklist to ensure you are.

What you missed when we were away

01/07/2020
Although we took a vacation from writing for the last couple of weeks, we were diligently gathering stuff to write about. And that’s no joke. So, here’s the rundown.

Snapshot: 43% of households include someone with a preexisting condition

01/07/2020
Many of those covered by your health benefits “have a long-term medical condition, illness or disease that would be considered a preexisting condition by a health insurance company.”

High-deductible health plans continue to grow

01/07/2020
High-deductible consumer-directed health plans continue to grow in popularity, according to a new study by the Employee Benefit Research Institute.

U-Haul’s new rule: Nicotine users need not apply

01/07/2020
In a move designed to promote employee wellness and cut health insurance costs, truck rental company U-Haul said it will no longer hire nicotine users in 21 states that allow such policies, effective Feb. 1.