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Compensation & Benefits

Survey: High school athletes have higher incomes later

03/20/2015
Adults who were high school athletes tend to have higher incomes, according to a new Harris Interactive poll. Fifteen percent of adults who participated in athletics have personal incomes greater than $100,000, compared to just 9% of those who did not participate.

From salaried to hourly: How do we set his pay?

03/19/2015
Q. We have an employee going from a full-time salaried position to part-time hourly. To set his hourly rate, do we have to divide his salary by 2080 (40 hours per week for a year)?

Are Skyped meetings compensable?

03/19/2015
Q: Department managers conduct monthly meetings in person and via Skype for employees who are off, so they don’t have to come in and attend the meetings. Must we pay a minimum amount of hours?

Chart: Health care information reporting

03/18/2015
Make sure your health care information reporting duties are covered with this handy chart.

401(k) rollovers lose billions due to conflicts of interest

03/18/2015
American workers who rollover 401(k) retirement savings into individual retirement accounts lose at least $8 billion per year because of conflicts of interest created by financial advisors’ reliance on commissions, according to a new Department of Labor report.

OSHA: Workers’ comp covers small share of workplace injury costs

03/18/2015
Workers’ compensation payments cover just 21% of lost wages and medical costs of work-related injuries and illnesses, according to a new OSHA report.

You can take it with you, but read this first, please

03/16/2015
Departing employees may take the pretax contributions they made into their 401(k) or 403(b) accounts with them when they leave, but you must first provide them with a notice of their rollover options. The IRS has updated the model safe-harbor notices you can use for this purpose.

The price for misclassifying workers? $83,051,159

03/12/2015
The Department of Labor is working diligently to determine whether you properly classify your workers as employees or independent contractors. And that’s not all the DOL is doing.

Pay for required desk time–even if no work is happening

03/12/2015
Gary worked as a clerk at a motel in which he lived. He was required to sit at the front desk for an eight-hour shift, but the motel only paid him for the “busy” time when guests checked in or out. Gary sued, alleging wage-and-hour violations.

May our employees pool their tips?

03/11/2015
Q. The waitstaff in our restaurant pools tips with the dishwashers and hosts. Is this OK?