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.
Q. How does the Illinois Religious Freedom Protection and Civil Union Act affect health benefits?
Q. Under our company policy, an employee who fails to give 20 working days’ notice before resigning forfeits any earned vacation days. Is this policy lawful?
Two recent settlements make what should be an obvious point: You can’t misappropriate employees’ retirement money and expect to get away with it. Cases in West Chester and Bethlehem show that the feds will come looking for you, and make you pay it back.
If you offer extra off-duty training to your hourly employees, pay extra attention to the rules that explain when those hours must be “paid time.” In most cases it will, but the Fair Labor Standards Act does give you a four-step ladder to climb to a pay exemption.
The U.S. Supreme Court will decide the fate of health care reform before the end of June. No matter how the court rules on the constitutionality of the Affordable Care Act, its decision will affect employer-provided benefits for years to come.
CNO Financial Group has opened a medical clinic on its Carmel, Ind., campus for employees and their families. OurClinic@Carmel offers primary, preventive and urgent medical care 40 hours a week, Monday through Friday.
Ernst & Young on Jan. 1 began reimbursing its lesbian, gay, bisexual and transgender (LGBT) employees for the additional federal and state taxes they pay on same-sex domestic partners’ medical benefits. The New York-based accounting giant is the first Big Four firm to offer the tax offset.
After a recession-induced lull, health savings accounts (HSAs) regained popularity in 2011, and now total $12.4 billion in assets, spread over 8.4 million accounts.
CFOs aren’t the only ones with their eyes on the bottom line when it comes to health and wellness. Your organization’s workers also can—and want to—save money by participating in employer-sponsored programs.
Most private companies in the U.S. now offer long-term incentives (61%) in addition to short-term incentives (95%), according to a new study on pay practices by the nonprofit organization WorldatWork and Vivient Consulting.