The Trump administration has certainly made some major — and mostly pro-employer — changes to Department of Labor (DOL) regs, but those changes pale in comparison to what the administration hopes to do to the agency next. (more…)
Payroll
The existence of ghosts, or other paranormal entities, is up for debate. But the existence of -- and damage caused by -- ghost employees has been well documented. (more…)
The new paid family and medical leave business credit may be a huge opportunity for your firm, but there’s some key info you need to know before you jump in. (more…)
When the DOL released its 2018 Spring Regulatory Agenda, it not only offered some insight on its progress in creating a new salary threshold for overtime eligibility, it also suggested it may alter the methods in which employees’ pay is…
CFOs beware: One of the most common salary-setting techniques could now put your company in legal danger. (more…)
With the DOL poised to release a new set of changes to the overtime rules in the near future, employers’ pay practices will no doubt be under the microscope. (more…)
Granted, no employer wants to wind up on the wrong end of a misclassification lawsuit. (more…)
You probably have at least a few employees who recently looked at their paychecks expecting to see a specific number and were surprised to see a higher one. And that presents a golden opportunity for finance pros. (more…)
While the majority of industry experts expect the DOL to create a new overtime rule that sets the salary threshold somewhere in the $33K ballpark, there’s at least one person who sees a scenario where employers will have to comply…
Rounding nonexempt employees’ hours for pay purposes has always been a risky practice, and the feds have been cracking down on many firms that employ this practice. But does that mean you should avoid rounding altogether? (more…)
The IRS recently warned employers to put their Payroll folks on high alert this tax season for phishing scams that have caught many of companies off-guard. (more…)
CFOs everywhere will likely want to double- or triple-check their job descriptions and classifications after hearing this company's unfortunate story. (more…)
