10 money-saving opportunities hidden in employment laws
As CFOs are well aware, employment laws seem to favor workers against their employers, and they often cost firms money. But that’s not always the case.
As CFOs are well aware, employment laws seem to favor workers against their employers, and they often cost firms money. But that’s not always the case.
Companies with workers who earn the minimum wage will be paying more in many states starting last Wednesday.
If your business is located in a state, city or county that’s bumping up the minimum wage next year (and a lot of them are), you’ll want to update your materials for compliance ASAP.
Overtime pay’s great … when you’re the one earning it! But for employers it’s a major expense and a major headache.
While the push to increase the federal minimum wage continues, a significant number of states and municipalities have taken it upon themselves to bump up pay on the local level this year.
The new year got more expensive for employers in 23 states, plus the District of Columbia. Or it will soon.
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.
If your company offers paid parental leave to employees, it’s considered a generous, top-notch benefit that will no doubt help to separate you from the competition. But this perk could become standard in the near future.
California is hoping to implement the DOL’s overtime changes with or without a federal mandate. And because employment law trends in the Golden State tend to catch on around the country, employers everywhere should pay attention to the fate of a new CA bill.
Here’s a good reason to make sure your workers are classified correctly: The feds have made it crystal clear they mean to come after any employer they suspect of classifying employees incorrectly.
Do the Democrats have a backup plan for the DOL’s new overtime rule if it dies in court or at the hands of the Trump administration? You betcha.
The cost of being a federal contractor is going up for 2024 due to a minimum wage increase. There’s legal pushback in some parts of the country, though. The Department of Labor (DOL) released two notices on September 28, 2023, with rate changes that affect federal contractors and subcontractors alike. But not everyone’s on board. […]
The Dept. of Labor (DOL) has checked off the new OT regs from its spring 2016 regulatory to-do list, but that’s not all the agency has in store for employers.
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 types of FLSA violations combined in FY 2023, the most recent data available. Overall, the […]
The feds just gave employers more incentive to offer internship programs.
Wondering what the DOL has up its sleeve for the remainder of 2014 – and how it’ll impact your Finance Department? Well, the agency recently offered a preview.
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