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Compensation & Benefits

Truckers put brakes on OT suit, accept settlement

06/26/2013
Gravel truck drivers at a Houston-area concrete company will split $173,863 in back overtime pay following a settlement with their employer, Porter Ready Mix. Instead of paying the 16 truckers an hourly rate, the company paid them by the trip.

Domino’s rewards boss for saving stranger’s life

06/25/2013
Domino’s Pizza recognizes employees for their best work, even when it’s not about pizza. The winner of its national Delivering More award won it after he dropped the pizza he was about to deliver and jumped into a river to help rescue a drowning man.

2014 inflation adjustments for HSAs/HDHPs released

06/25/2013
The IRS has announced the 2014 inflation-adjusted figures for health savings accounts (HSAs) and high-deductible health plans (HDHPs).

Moving? Remember to tell IRS

06/24/2013
If your business is moving, be sure to file Form 8822-B with the IRS. Failure to notify the IRS of a change of address recently prevented a taxpayer from contesting a lien for unpaid taxes.

Summer Payroll maintenance: It’s time to tidy up!

06/24/2013
Summer is the perfect time to perform simple payroll maintenance tasks. Here are some items you can check off your to-do list.

ACA young-adult provisions shifting health costs to insurers

06/21/2013
The Affordable Care Act provision that allows adult children to remain on their parents’ health insurance policies through age 26 shifted at least $147 million in health care costs from patients and hospitals to insurance companies in 2011, according to a RAND Corp. study.

Consider diversifying investment options with Roth 401(k)s

06/21/2013
It may be time to talk to your fund administrator about adding a new feature to your organization’s portfolio of retirement benefits: the option for employees to transfer 401(k) funds into a Roth 401(k).

What’s your state: New Jersey? Disabled?

06/21/2013
A record 8,877,921 workers received federal disability benefits in May, according to the Social Security Administration. That’s about how many people live in New Jersey …

Janitor’s health insurance woes a cautionary tale for employers

06/20/2013
When a Maplewood man went to an appointment following colon cancer surgery, his doctor told him his health insurance had lapsed. It turns out, an avoidable HR paperwork mix-up nearly left him destitute and could have threatened his health.

Court allows class action in outside sales case

06/20/2013
A federal court has authorized a group of employees who claim they were misclassified as exempt outside sales employees to bring a collective action alleging unpaid wages.