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…
Payroll
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…)
After a single comment by a DOL official let employers know the new overtime regs wouldn’t actually be released in the early part of 2016, more specific information about the targeted release date has surfaced. (more…)
Look for a final rule on paycards during the spring of 2016, the Consumer Financial Protection Board (CFPB) said recently. (more…)
Once Forms W-2 are finished, employers can distribute them to employees electronically, assuming you get their consent. As for the electronic delivery of other year-end forms, such as the new Form 1095-C, the IRS recently gave a word of warning. (more…)
