Think your policies setting limits on employee leave don't put you in harm's way? Check this: A recent case is going to cost home improvement retailer Lowe’s a cool $8.6 million. (more…)
Policy and culture
The DOL’s new overtime rule will likely cause lots of currently exempt employees to begrudgingly begin punching a time clock. This may lead to two unintended consequences that could turn into big headaches for Finance. (more…)
To ensure employees understand wage and hour law, the federal Dept. of Labor (DOL) may ask you to beef up your employee handbook. (more…)
Everything up to this point about the DOL's new overtime regs has made CFOs want to rip their hair out. So even minor positive changes to the white-collar overtime exemptions in the final rule would be a welcome relief. (more…)
Is your 401(k) investment committee doing everything it should? With Finance execs being asked to take a more active role in their companies' retirement plans, that’s a question that needs to be examined on a regular basis. (more…)
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. (more…)
Just in time for the new overtime rules, the Supreme Court has broadened the way employees can file class action suits to settle wage-and-hour disputes. (more…)
Many companies attempt to control the cost of safety breaches with monetary incentives for employees. Now, a national insurance giant is blasting OSHA for suggesting employers nix incentive programs because they encourage workers to hide injuries and may target employers…
Here’s a seemingly innocent Finance procedure that can end up costing your organization a bundle. (more…)
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…)
Here’s another example of how misclassifying workers as independent contractors can get you in serious – and expensive – trouble. (more…)
What happens when workers are blatantly cheating the system and fudging their actual "hours worked"? (more…)
