Flexible spending accounts (FSAs) and health savings accounts (HSAs) are important tools for the more than 70 million people who currently use these accounts to pay for out-of-pocket healthcare expenses or save for healthcare needs in retirement, all while reducing taxable income.
Staffing and hiring during the pandemic are especially chaotic. Many employers that don’t traditionally use temporary staff are seeking to fill short-term gaps in the workforce or simply want employees for a short time because it’s unclear what the business structure will look like once the pandemic business issues have shifted.
For many employers, the telework experiment necessitated by COVID-19 has been a surprising success. Many are considering whether to continue the work-from-home option for at least a portion of the workforce. One lingering concern, however, is how best to track time for nonexempt workers who are away from the physical workplace.
Health insurer Premera Blue Cross agreed to pay $6.85 million to settle alleged violations of the Health Insurance Portability and Accountability Act (HIPAA) related to a major data breach that the company reported in 2015.
The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) recently published guidance addressing employer obligations to track employee hours while teleworking. Even though the guidance is being issued in part because of the increase in teleworking arrangements during the COVID-19 crisis, the agency emphasized it applies to all telework or remote work arrangements, not just […]
Do you know which of your employees are exempt from the Fair Labor Standards Act (FLSA) overtime pay requirement? Have you recently done an exemption audit to ensure all employees who are classified as exempt still meet the requirements?
Trying to predict when things will return to normal is nearly impossible given the uncertainty caused by the coronavirus pandemic, yet employers in a new ManpowerGroup Employment Outlook Survey are throwing caution to the wind and revealing when they believe they’ll be back to pre-pandemic hiring levels.
Most employers are well aware of their obligations under the Fair Labor Standards Act (FLSA)—primarily, the requirement to pay at least minimum wage and pay overtime for hours worked in excess of 40 in a given workweek. These apply to a large percentage of employees, unless they fall under one of the various exemptions.
Wage and hour compliance is an area that can trip up even the most diligent employers under the best of circumstances—let alone during a global pandemic when you’re trying to keep employees healthy, safe, and employed.
Hazard pay, as the name implies, is extra pay compensating for some form of danger or hazard employees face. Essentially, this extra pay serves as an incentive to knowingly take on these risks while on the job.