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Compensation & Benefits

HSA balances increasing

01/04/2017
Balances in health savings accounts grew by more than a third in 2015.

2017 brings higher minimum wage in 22 states

01/04/2017
For employers with staff in more than one state, complying with minimum wage laws just got more complicated.

With new law, Philadelphia jumps on pay equity bandwagon

01/03/2017
The bill that prohibits employers from asking about a prospective employee’s wage and fringe benefits history is expected to become law, effective sometime in mid-2017.

DOL sues to appoint fiduciary for orphan 401(k)

01/03/2017
Plan members have been unable to access statements or their money since 2002.

Call of (jury) duty: What must we do?

12/22/2016
Q. What are California employers’ obligations with regard to workers who get called on for jury duty?

DOL obtains $866k judgment against bank ESOP fiduciaries

12/22/2016
The U.S. Department of Labor Em­­ployee Benefit Security Administration has obtained a judgment against fiduciaries for the California Pacific Bank’s Employee Stock Ownership Plan after they failed to make employees whole following the plan’s dissolution.

Ensure wellness programs comply with new EEOC rules

12/22/2016
Know the new rules regarding financial inducements in employer-sponsored wellness programs.

Have contractors use official business name on invoices

12/22/2016
Make sure independent contractors invoice your company in their official business entity’s name, not simply with their name.

Fearing retirement, workers worry about Social Security

12/21/2016
The legacy of the 2008 economic crash still has many Americans stressed about their fiscal futures even as they near retirement age.

New NYDOL regs address direct deposit, paycards

12/20/2016
The New York Department of Labor has issued regulations covering how employers manage payroll direct deposit and debit cards.