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Compensation & Benefits

Feds: Payroll news you can use

06/22/2017
Here are digests of some recently released official announcements from around the federal government.

Retirees entitled to prompt payment of final wages

06/22/2017
The California Supreme Court has ruled that penalty wages, in addition to final wages, were due to a retiree whose final pay was late. PLUS: a 2017 all-states chart on penalty wages.

Despite repeal, employers would keep ACA provisions

06/20/2017
As the Senate continues to consider legislation to repeal and replace the Affordable Care Act, employers expect to retain many of the ACA’s popular provisions, even if they are not required to by a new law.

Employers boosting benefits to woo talent

06/20/2017
Nearly one-third of organizations increased their overall benefits in the last 12 months in an effort to stand out as employers of choice in today’s competitive recruiting environment.

Court: Fiduciary overpriced stock in ESOP transaction

06/19/2017
A federal judge in New York, presiding over a U.S. Department of Labor lawsuit, has found that First Bankers Trust Services breached its duties of prudence and loyalty to the participants of an employee stock ownership plan sponsored by SJP Group, a New Jersey paving company.

Never fire to avoid paying expensive benefits

06/19/2017
Here’s advice if you’re ever tempted to fire an at-will employee because she is about to start racking up expensive claims using your employer-provided benefits: Don’t do it!

Survey: Recognition is a good investment

06/12/2017
More than half of employers view their employee recognition programs as an investment in their workforce, according to a new survey by the WorldatWork nonprofit.

Acosta: DOL to begin new round of OT rules revision

06/12/2017
Brace yourself for an epic do-over of the salary-threshold rules that determine which white-collar workers are eligible for overtime pay.

DOL pulls Obama-era wage & hour guidance

06/12/2017
The U.S. Department of Labor is pulling the plug on two pieces of informal guidance affecting independent contractor misclassification and joint employment that were issued during the Obama administration.

2017 all-states chart on vacation pay upon termination

06/09/2017
This chart depicts what you must do with an employer’s leftover vacation upon termination.