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Tag: DOL
DOL Seeking Feedback on Long-Debated Overtime Rule
Employers will get the opportunity to offer feedback on changes to the regulation governing which workers are eligible for overtime pay after the U.S. Department of Labor (DOL) published a Request for Information (RFI) in the Federal Register on July 26.
Apprenticeships Help Close Skills Gap, Offer Expanded Training Opportunities
Forward-thinking companies like The Dow Chemical Company (Dow) are always on the lookout for innovative training opportunities that can help close the skills gap. Dow, which has successfully run apprenticeship programs across Europe for 40 years, recently reached an important milestone with its U.S. program.
DOL Makes 5th (But Possibly Not Final) Request for Comments On Fiduciary Rule
The U.S. Department of Labor (DOL) on June 29 issued its fifth request (82 Fed. Reg. 31278) for public comments on the agency’s fiduciary definition and related exemptions, which took effect June 9. But the latest request for information (RFI) by the DOL since the rule’s inception in October 2010 may not be its last.
DOL Last-Minute Reply Brief Drops Defense of Final Overtime Rule
The U.S. Department of Labor (DOL), headed by newly appointed Secretary of Labor Alexander Acosta, has decided not to defend the overtime rule finalized under the Obama Administration. Instead, the DOL will seek to begin a new rulemaking process, likely with a lower salary threshold for exemption.
DOL Releases Draft Model Form for MHPAEA Disclosure Requests
The U.S. Department of Labor (DOL) released a draft model form for plan participants and others to use when asking group health plans to explain their limits on mental health coverage.
SEC Joins Fray by Seeking Public Comments on Fiduciary Conduct Standards
The Securities and Exchange Commission (SEC) on June 1 got into the act of examining standards of conduct for investment advisers after long being overshadowed in the area of fiduciary oversight by the U.S. Department of Labor (DOL).
How Apprenticeships Close Skills Gaps and Expand Opportunity
Organizations are always on the lookout for innovative training opportunities that can help close the skills gap. One such company is the Dow Chemical Company (Dow), which has successfully run apprenticeship programs across Europe for 40 years and has recently reached an important milestone with its U.S. program.
Automatic Lunch Deductions Cost Employer $1.2M
An employer will pay nearly $1.2 million to resolve claims that it created wage and hour violations by automatically deducting a lunch break from workers’ hours, the U.S. Department of Labor (DOL) has announced.
Is Your Retirement Plan Ready for a DOL Investigation?
A U.S. Department of Labor (DOL) investigation of an employer-sponsored retirement plan may originate in a variety of ways.