What should you do if you mistakenly pay out too much for one of your employer-provided benefits, such as your retirement plan? Plan sponsors have had some uncertainty about that ever since 2022. That's when Congress passed the Secure 2.0…
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Pay transparency legislation is picking up even more momentum in 2025. In Illinois and Minnesota, new laws went into effect on Jan 1. Plus, at least three more states – Massachusetts, New Jersey and Vermont – are gearing up to…
The Department of Government Efficiency (DOGE) got its start on Day One of President Donald Trump's second term and met with immediate legal action. According to the executive order that established and implemented DOGE, the entity's purpose will be to…
As a finance pro, you know that FLSA mistakes can be expensive. But even so, the sky-high cost of noncompliance found in the feds’ latest report is enough to cause sticker shock. Luckily, the report also sheds light on what…
The Third Circuit recently affirmed a jury verdict awarding more than $22 million in back wages to 11,780 employees at a Pennsylvania battery manufacturer. In a nutshell, here’s the lesson from this FLSA dispute: Employers must pay workers for actual…
Some of your year-end health plan responsibilities have lifted, thanks to eleventh-hour legislation from Congress. Plan sponsors that meet certain conditions -- such as providing notification -- no longer need to send employees the Affordable Care Act (ACA) forms that…
After President Biden issued an executive order saying all federal departments and agencies would be closed on Jan. 9, 2025, employers wondered if the date would have the same impact as a federal holiday. Would banks be open -- or…
About a third of companies plan to follow Amazon’s lead and issue a return-to-office mandate that requires workers to be in the office five days a week in 2025, according to a recent report from Resume.org. But before your company…
Beware of auto pilot when issuing expense reimbursement checks to employees. Some, or all, of the money may technically be wages instead. Says who? The DOL. New guidance from the agency sheds light on a common scenario businesses face: Employees…
When you think about the latest overtime news, the first thing that probably comes to mind is the recent federal court decision that vacated the DOL’s salary threshold increases for exempt employees. And while that ruling was getting the lion’s…
When Congress passed the Tax Cuts and Jobs Act (TCJA) of 2017, the expiration date for some of the provisions seemed far off. Now, the date is imminent. Problem is, it's unclear if the provisions will end when originally planned…
Improperly calculating employees’ overtime pay can be an expensive mistake, as a Cincinnati-based logistics provider recently learned the hard way. Here’s what happened – and what the DOL had to say about it. Employer Shortchanged Workers on OT, DOL Finds…
