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Compensation & Benefits

Survey: Most employees confident about their retirement readiness

05/13/2024
Two-thirds of employees say they are very or somewhat confident they will have enough money to live comfortably in retirement, according to the 34th annual Retirement Confidence Survey conducted in January by the Employee Benefit Research Institute and Greenwald Research.

Pre-Mother’s Day Friday wrap: 2025 HSA/HDHP amounts, key IRS payroll initiatives updated and more

05/10/2024
2025 HS/HDHP figures, ERC withdrawal program update, IRIS guidance and more in our pre-Mother’s Day wrap.

AI and the FLSA: Not happy partners

05/06/2024
The EEOC has already issued guidance on AI and the Americans with Disabilities Act and in the hiring process. In conjunction with this collaborative effort, the DOL has issued a Field Assistance Bulletin that addresses AI and the FLSA.

June 2024: Employer’s business tax calendar

04/30/2024
Here’s your monthly guide to critical payroll due dates.

17 states sue to block PWFA rule from taking effect

04/29/2024
The lawsuit, filed April 25 by Tennessee’s attorney general in the U.S. District Court for Eastern Arkansas, asserts that the PWFA was enacted to ensure “pregnant women receive workplace accommodations to protect their pregnancies and unborn children.”

The new OT rule: What employers should do now

04/29/2024
The new rule will force employers to undertake a detailed analysis of how they classify white-collar employees and how much they pay them. Here are the steps you should follow.

6 in 10 employers offer paid parental leave

04/29/2024
Sixty-two percent of employers offer some form of paid parental leave, according to a survey by the International Foundation of Employee Benefit Plans.

Final overtime rule: OT salary threshold to hit $58,656 on Jan. 1, with interim hike to $43,888 on July 1

04/23/2024
Exempt employees earning less than $58,656 per year on Jan. 1, 2025, will be entitled to overtime pay when they work more than 40 hours in a workweek under a long-awaited final rule issued April 23 by the Department of Labor.

HSA enrollees use fewer outpatient services, prescription drugs

04/22/2024
Health Savings Accounts play a role in changing the way employees use health-care services. A new analysis by the Employee Benefit Research Institute found that employees enrolled in HSAs reduce their use of outpatient services and prescription drugs and increase their use of inpatient services.

IRS welcomes a new de minimis fringe benefit: Work/life referral services

04/18/2024
Work/life balance means different things to different employees, but all employees say they want it and many employers are already providing some version of it. Rather than let you wander around in a payroll tax netherworld, the IRS has issued a fact sheet that covers the work/life referral services you may offer to employees as a tax-free de minimis fringe benefit.