Picture this: A salesperson establishes a long-term relationship with a customer who places a recurring order every month. And the salesperson is paid commissions on each of those orders. Then the salesperson goes out on FMLA leave – and the…
Get access to hundreds of financial resources as an RFP INSIDER
Learn MorePicture this: A salesperson establishes a long-term relationship with a customer who places a recurring order every month. And the salesperson is paid commissions on each of those orders. Then the salesperson goes out on FMLA leave – and the…
In tough economic times, employees desperate for extra income might say they're willing to forgo overtime pay – but that doesn’t make it legal. A past case out of Ohio shows how even well-intended arrangements can lead to hefty penalties…
We're only halfway through winter, so Jack Frost isn’t quite finished with us yet. In other words, now’s a good time to review your inclement weather policies and examine your legal obligations under the Fair Labor Standards Act (FLSA) –…
A recent – and unanimous – U.S. Supreme Court ruling is good news for employers. The Court decided that employers are not required to meet a higher standard of proof to show that employees are exempt from certain pay provisions…
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…
The IRS has updated its specs for e-filing Form 1099. If you're using any independent contractors, you'll need this info as you head into year-end. This latest round of updates was contained in Publication 1220. The publication contains pertinent details…
Some payroll staffers may assume that complying with IRS regulations is enough to keep their companies out of trouble. That's not the case -- there are a number of requirements under the Fair Labor Standards Act (FLSA) enforced by the…
Which Fair Labor Standards Act (FLSA) provision cost employers the most in back wages, according to the latest stats? If you guessed overtime, you'd be right -- by a long shot. Overtime was about five times costlier than the other…
A big reason employers are still allowing hybrid work is business benefits like reduced operating costs. But it's also harder to ensure employment laws are being followed by your entire team. Compliance missteps with federal employment laws are especially costly…
Nobody really wants to dock an employee's pay. But sometimes, it's the only step you can take for the sake of your company's bottom line - and in many cases, the person's continued employment. When it comes to docking an…
The U.S. Supreme Court has reached a decision in the case of a highly compensated employee who sued his employer for unpaid overtime. In Helix Energy Solutions Group Inc. v. Hewitt, the court said that although the employee earned more…
Resourceful Finance Pro, part of the Rover Insights Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.