As a benefit plan sponsor, you'll want to take note of what the IRS said about the Voluntary Correction Program (VCP) process and how to handle unexpected bumps during that process. Â (more…)
Accounting
Do your employees really know how their day-to-day duties connect to your bottom line? Â (more…)
What’s keeping C-level execs up at night? Just a few small concerns like the new overtime rules, a likely increase in bias claims based on sexual orientation, the Affordable Care Act and the threat of workplace violence.   (more…)
Why aren’t employees taking full advantage of the myriad benefits HSAs offer to savvy participants?  (more…)
This Ohio auto parts manufacturer – with an OSHA rap sheet going back 20 years – was aware of serious machine hazards at its Hebron plant,  but did little to fix the hazards or train workers – even after a…
With at least 30 individual penalty triggers to worry about, some ACA compliance requirements are bound to take precedence over others. And there’s at least one ACA reg employers shouldn’t really worry about at all.  (more…)
The DOL’s prediction about the new overtime reg’s impact on exempt employees: 4.2 million workers will become non-exempt on Dec. 1, 2016. That means most firms will be dealing with the challenge of transitioning exempt staffers to a non-exempt status.…
The costs of a data breach can be huge. You stand to lose customers’ respect, confidence from the board and damage to your organization’s reputation. Oh, and did we mention $4 million on average?  (more…)
The FASB’s new lease accounting standard might not arrive until 2019, but your company has no time to lose to get in compliance. Recent research indicates that a lot of your peers have serious work to do.  (more…)
Think your policies setting limits on employee leave don't put you in harm's way? Check this: A recent case is going to cost home improvement retailer Lowe’s a cool $8.6 million.  (more…)
The DOL’s new overtime rule will likely cause lots of currently exempt employees to begrudgingly begin punching a time clock. This may lead to two unintended consequences that could turn into big headaches for Finance.  (more…)
Is the DOL’s new overtime rule going to be a burden for businesses? Yes. There’s no denying that. But compared to the original proposal, there are some things to be happy about.  (more…)
