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Compensation and Benefits

Compensation and benefits topics – whether it’s minimum wage, workers’ compensation laws, or employee pay – if properly handled, can help you retain workers and recruit new ones.

Use our advice to craft independent contractor agreements that keep independent contractors – and your bosses – happy.

In 2004, Congress overhauled the tax rules for nonqualified deferred-compensation plans. Follow these seven steps to ensure full compliance under the final regs:

Q. Must a Texas employer pay its interns? ...

Warning! Employers that intentionally misclassify employees as independent contractors face new penalties in New Jersey. Employers that intentionally misclassify workers unfairly stifle business competition because the practice lets them reduce labor costs between 15% and 20%, according to some estimates. That leaves employers that don’t cheat at a competitive disadvantage. Plus, employee misclassification strips workers of benefits and disability protection, and cheats the average taxpayer out of revenue ...

White Paper published by The HR Specialist ______________________ For years, the IRS has relied on a 20-factor test to determine whether a worker is considered an “employee” or an “independent contractor.” Conferring contractor status on a worker often benefits the employer, who is then not obligated to withhold income tax or to pay Social Security [...]

Q. The federal minimum wage increased in July. How does that relate to the minimum wage in Michigan? ...

Is your organization providing employment opportunities within Illinois prisons? If so, you don’t have to worry about being sued for minimum-wage or overtime violations by the prisoners you employ, thanks to a federal court’s common-sense decision ...

Gov. Rod Blagojevich signed Illinois’ Employee Classification Act into law in early August. The law targets the construction industry with the intent to prevent employers from misclassifying employees as independent contractors. Under the law, people performing construction work are presumed to be employees unless they can meet the ABC test ...

Across the nation, there is an ongoing trend of promoting healthy eating and exercise among all age groups. A wellness program can help your employees (and even their families) get in on that trend.

Donna Duffer, former Palm Beach County Convention and Visitors Bureau controller, blamed a gambling addiction for her embezzlement of $1.6 million from the bureau. The theft, uncovered last fall, left the bureau’s budget in tatters and cost some staffers their jobs. Duffer stole withholdings from employee paychecks, leaving many employees holding the bag for back tax bills ...

Together, the Immigration and Nationality Act of 1952 and the Immigration Reform and Control Act (IRCA) of 1986 govern U.S. immigration policy. IRCA was amended in 1990. With each new law, employers gain new responsibilities. For each new employee hired, U.S. employers must complete a Form I-9, Employment Eligibility Verification. The I-9 establishes the employee’s identity and his or her legal work status. Employers can hire only those who are eligible to work legally in this country ...