Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Yesterday’s Advisor discussed types of compensation that must be included in the “regular rate” and the subsequent recalculation of overtime that must be done. Today, the five types of compensation that generally do not have to be included in when calculating the “regular rate” of pay, plus news of a timely webinar on pay practices. […]
Exempt Employees and Disasters Exempt employees are generally paid their normal amount if the workday is shortened. Docking, or reducing pay of exempt employees who are scheduled to work, but who do not because of an emergency, may affect the employees’ status of being exempt from overtime, because, by docking, you are treating them like […]
Employees who do two different types of tasks may be paid different hourly rates during the workweek. Or, an employee may work in two or more different positions during the same workweek at different rates of pay. But how do you calculate the overtime? The general rule is that all hours worked in all positions […]
As you must know by now, regardless of how the U.S. Supreme Court rules on the federal health care reform, a couple of very large insurers announced they would continue several of health reform’s insurance mandates. The impact of this announcement directly applies to companies that buy full insurance. But self-insured plans and employers big enough […]
Regardless of how the U.S. Supreme Court rules on the federal health care reform, Humana and UnitedHealth Group on June 11 announced that they would continue several of health reform’s insurance mandates. The U.S. Supreme Court is considering whether the “individual mandate” (for everyone to get health insurance or pay a penalty) is unconstitutional, but […]
Oswald, CEO of BLR, offered his thoughts on business success in a recent edition of The Oswald Letter. If you want to learn how to throw a great curve ball, Oswald continues, ask someone who throws a wicked curve ball. If you want to know how to bake the perfect chocolate cake, talk to the […]
If a company opens two hours late because of a snowstorm, should an employer pay employees who show up earlier because they didn’t hear the announcement? What time does the workday end when employees are given the option to go home because an incident such as a gas leak forces evacuation of the building? What […]
The rules on how expenditures for over-the-counter drugs are reimbursed and governing health flexible spending account balances still unused at the end of the year could change if a bill the House passed on June 7 is enacted. In a 270-146 vote, the House approved H.R. 436, the Health Care Cost Reduction Act of 2012. […]
If this bill becomes law, there will be higher dollar limits for eligible services for which employees can claim the dependent care tax credit. Rep. Steve Israel, D-N.Y., introduced the Middle Class Dependent Care Fairness Act of 2012 (H.R. 5886) on June 1. Israel’s bill calls for: increasing the credit to $35,000 per year; increasing […]
Summer’s here, and coincidentally, it’s a hot time for legal and regulatory developments affecting human resources and benefits professionals! Many companies trying to make ends meet also should expect new laws and regulations in these five areas. The perils of not heeding leave and disability law. Employers struggle with determining what a “reasonable accommodation” is under […]