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.
Imagine you’re a star NFL halfback making $10 million a year. One day you find out that your team’s star fullback, who produces at the same level, makes $5,000 a year more than you—that’s just .0005% more. It’s an absurdly small drop in the bucket, yet you would want to know why he’s making more, wouldn’t you?
Employers contemplating simply giving employees tax-free cash to purchase health insurance on public exchanges will have to rethink that plan in light of new IRS regulations implementing the Affordable Care Act.
Here’s something to consider before you choose not to be a part of the Texas workers’ compensation system. Employers that forego coverage—as they are permitted to do—leave open the possibility of unlimited liability and have few defenses available.
Three employees of FTSS Joint Venture will receive $105,000 in back pay and damages after the NLRB ruled the company violated the National Labor Relations Act when it unilaterally eliminated one job and created new, lower-paying positions to replace those held by the employees.
Hospitality giant Carlson Restaurants, headquartered in Carollton, faces a class-action suit alleging numerous Fair Labor Standards Act violations at TGI Fridays restaurants nationwide.
Employees of DaVita HealthCare Partners have a tough job, says Director Danny Shapiro: treating kidney patients with dialysis. So execs at the practice “believe nurturing each other better equips us to nurture our patients,” Shapiro says.
U.S. workers can expect pay raises averaging 3.1% in 2015, according to the 41st annual WorldatWork Salary Budget Survey. The nonprofit organization found that U.S. employers’ budgets for pay increases have risen slightly from 2.9% in 2013.
Employees who are fired for misconduct aren’t eligible for unemployment benefits. But an unintentional mistake doesn’t block benefits.
Q. Our business has been booming and we are short-staffed. We have brought on a number of temporary workers from a staffing agency. Is it acceptable to have the temporary workers use the same punch clock system that our regular employees use?
Looking at a broad swath of U.S. corporations—not just large, publicly traded ones—it turns out that only a handful of CEOs crack the $1 million mark in annual cash compensation.