When employers go the self-insurance route, many also purchase stop-loss insurance to protect themselves from staggering health claims. So do stop-loss policies count as plan assets? (more…)
Payroll
Here’s another example of how misclassifying workers as independent contractors can get you in serious – and expensive – trouble. (more…)
The buzz out of Capitol Hill is telling employers they’ve got a lot less time to prep for the DOL’s new overtime exemption final rule. (more…)
President Obama has made it clear that equal pay is one of his top priorities, and his latest action should go a long way to advancing that goal. It’s also likely to add a significant amount of administrative work for Finance…
Employees look forward to payday like children look forward to Christmas. But for the workers who handle the payroll process, it’s another story altogether — and new research shows exactly how challenging, costly and time-consuming that process can be. …
New guidance on joint employment relationships may bring clarity – and likely surprises – about who’s liable under the Fair Labor Standards Act (FLSA). (more…)
Reminder for your Payroll folks: Certain bonuses must be included in the regular rate of pay. And if they're not, the Dept. of Labor gets very upset. (more…)
What happens when workers are blatantly cheating the system and fudging their actual "hours worked"? (more…)
It's not easy to decipher the pay-docking rules laid out by the Fair Labor Standards Act (FLSA). The regs are pretty murky. (more…)
Now here’s a company that seems to believe in the old adage: “If you’re going to break one rule, you might as well break them all.” (more…)
Finance pros are eager to see what the DOL's new overtime rules will look like this summer -- not because they're fans, but because they want to see how much their FLSA compliance efforts will have to change in a very…
Employers will have less time next year-end to send Forms W-2 to the SSA, even if you’re an electronic filer. That’s because of a new law. (more…)
