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…)
Fair Labor Standards Act (FLSA)
CFOs everywhere will likely want to double- or triple-check their job descriptions and classifications after hearing this company's unfortunate story. (more…)
The feds just gave employers more incentive to offer internship programs. (more…)
When a court ruled the Obama-era changes to the overtime rule were unconstitutional, CFOs everywhere thought that was the end of the story. (more…)
A recent court ruling officially killed the controversial changes to the Obama-era DOL overtime rule. That means Finance can officially scrub the $47,476 salary threshold from their collective memories. (more…)
Granted, any time the DOL tosses an FLSA violation accusation on your company, it’s a major headache. But when the mistake is clearly unintentional and the feds slap you with a “willful” FLSA violation, it’s a different type of headache…
If your company subscribes to the pay practice of rounding nonexempt employees’ hours to a set time, you’re certainly not alone. (more…)
When your company is growing rapidly, it's easy to ignore the less-pressing business issues, such as minor compliance tasks. But as a recent DOL settlement shows, doing so can prove very, very costly. (more…)
Finance chiefs will once again have one of the most useful DOL resources at their disposal to help with an array of tricky compliance issues -- and avoid costly penalties and lawsuits. (more…)
Good news for Finance: The current version of the DOL’s overtime rule is all but dead. (more…)
A new court ruling could change the way some organizations handle the cost-sharing structure of their benefit plans. (more…)
The DOL has already been granted two extensions in submitting its final brief to the Fith Circuit Court of Appeals for the final overtime rule, but it looks like that still wasn’t enough. (more…)
