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. An exempt employee ran out of PTO at the end of 2013. I was led to believe we could dock any hours the employee took off for personal time after using all PTO. (Our policy says employees who are out of PTO can be granted personal time off without pay.) Did we handle this correctly?
Someone who is fired for breaking a workplace rule isn’t entitled to unemployment benefits. That’s because rule-breaking is misconduct. But if the rule is unclear, all bets are off.
Many employers anticipate spending more on health benefits this year as employees who previously declined insurance sign up in order to comply with the Affordable Care Act’s individual mandate.
Former employees who collect unemployment benefits while working part-time jobs must report that income.
Increasing the minimum wage isn’t just a hot topic in the United States. On Jan. 1, Mexico’s minimum wage rose 3.9%, to at least 63.77 pesos—about $4.88—per day.
This is the insurance industry’s lingo for a system of carrots and sticks that rewards patients for undergoing medical procedures with a good track record of success (think flu vaccines and hypertension treatment) and penalizes them for treatment of questionable value (hip-replacement surgery and many kinds of high-tech imaging, for example).
Employees at the Manhattan flagship store of Victoria’s Secret received raises of between $1 and $2 per hour recently, and say it’s all because of a petition started on the advocacy website www.change.org.
Have a lawyer draft any release that accompanies a severance payment. If the employee sues and the release was carefully written, the court will probably say it bars suing—and may require repaying severance money before the worker can even try challenging the release’s validity.
Consider this scenario: A former employee is collecting unemployment. You have an opening that matches his skills and abilities, but which pays less than the previous position. If you make an offer and the former employee rejects it, he may lose his unemployment compensation benefits.
Employees with one year of service receive an average of 11 paid vacation days a year, according to a SHRM survey.