Short on Votes, Republicans Pull ACA ‘Repeal’ Bill
Republican lawmakers pulled their proposal to undo parts of the Affordable Care Act (ACA) Friday afternoon as it became clear they didn’t have the necessary votes to pass the bill in the House.
Category: Benefits and Compensation
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Easing Financial Stress and Improving Health with Voluntary Benefits
The word wellness, for most people, refers to physical health relating primarily to diet and exercise. By taking a broader view—one of well-being—we realize that physical health is only one aspect of creating a balanced lifestyle.
International Companies Increasingly Setting Up Multinational Pooling and Employee Benefit Captives, Says Research
The rising cost of employee benefits is prompting more and more international companies to set up multinational pooling and employee benefit captive arrangements to improve the performance of their insurable employee benefit plans, according to the Multinational Pooling and Benefit Captives Research Report compiled by Willis Towers Watson.
Comp Time vs. Overtime—What’s the Big Deal?
Are you accurately paying your employees in compliance with the Fair Labor Standards Act (FLSA)? According to a recent survey, released by TSheets, one-third of employers say they have paid their employees compensation time, or comp time, instead of overtime, a common violation of the FLSA.
Most Employer Pension Sponsors Show Interest in Transferring Plan Risk, Survey Reveals
Most employers with traditional defined benefit (DB) plans are interested in transferring their pension plan risk off their books, according to a retirement plan industry think tank that measures pension buyout activity.
Arizona Supreme Court Upholds Minimum Wage, Paid Leave Law
In a three-sentence order entered just before the close of business March 14, the Arizona Supreme Court rejected a constitutional challenge to the Fair Wages and Healthy Families Act, commonly known as Proposition 206. The unanimous ruling dashed the last remaining hope of business groups trying to block the voter initiative, which raised the state’s minimum wage to $10 per hour on January 1 and mandates paid sick leave for most employees beginning July 1, 2017.
Ask the Expert: Sunday/Holiday Rate Calculation for Commissioned Employees
Question: We have some employees that are exempt and are on salary being paid a commission. If these employees work on a Sunday that is a holiday how should they be paid for that time? Are we in compliance if we calculate a flat amount based on the salary they are being paid in the […]
ACA ‘Repeal’ Bill Alleviates Many Employer Burdens
Recently proposed legislation affecting the Affordable Care Act (ACA) alleviates much of the law’s burden on employers. And even though the bill will probably face several rounds of changes, the provisions undoing employers’ responsibilities are relatively uncontroversial and will likely be left alone, experts say.
No Unemployment Benefits for Employee Who Lied on Job Application
Recently, the Minnesota Supreme Court held that an employee’s misrepresentations on an employment application qualified as “employment misconduct” under the Minnesota Unemployment Insurance Law, Minn. Stat. ch. 268. As a result, the employee was disqualified from receiving unemployment benefits.
CBO Releases Much-Anticipated Cost Estimate of ACA Repeal/Replace Plan
On March 13, the nonpartisan Congressional Budget Office (CBO) released its cost estimate of the effects of the proposed Affordable Care Act (ACA) repeal/replace legislation.