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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.

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Officers and owners of Columbus-based Clark Graphics must pay back more than half a million dollars to the company’s two pension plans after federal investigators found that the money went missing because of lax oversight.
Q. We recently fired a veteran sales representative on short notice. He still has a new iPad that we purchased to help make sales presentations. We have repeatedly asked him to return the iPad, but he is ignoring our requests. Can we now just deduct the cost from his last paycheck?
The U.S. Department of Justice is suing the Texas Department of Agriculture and the Texas General Land Office for alleged pay discrimination at the now-defunct Texas Department of Rural Affairs.
When the U.S. Supreme Court decided in June to uphold most of the provisions of the Affordable Care Act health care reform law, the clock started ticking on a number of benefits-related deadlines employers must meet. From summaries of bene­­fits and coverage to health care flex funds to health benefits reporting on 2012 W-2s, now is the time to review your health insurance obligations.
While the legality of the Affordable Care Act health care reform law was pending before the Supreme Court, the IRS issued final regulations on the premium tax credit. Since the dust has settled, it’s time to take a closer look at the regs.
If you are contemplating changing your compensation structure to re­­flect today’s lean job market, do so carefully—especially if you suspect you may be overpaying some senior employees for the work they do.

A San Francisco civil grand jury has concluded that 38 restaurants built into their prices the cost of providing city-mandated employee health coverage—and then never offered the benefits to workers. The grand jurors’ suspicion: That restaurateurs pocketed a substantial portion of the money.

Some employees wrongly assume that discrimination must be to blame if someone doing the same work earns more than they do. But even under the Equal Pay Act, employers are allowed to value employees with more highly specific skills and experience.
In 2014, when the employer-mandate provisions of the Affordable Care Act kick in, 9% of employers may drop health benefits, according to a survey of benefits managers by the consulting firm Deloitte.
Workers’ compensation insurance provides compensation to em­­ployees for loss of income and for medical payments when they’re injured on the job. Since employers ultimately bear the expense of workers’ comp benefits, it’s smart to understand how the system works and the proactive steps you can take to control costs.
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