What is a Living Wage Ordinance?
Have you heard the term “living wage”? What is it, and how does it differ from similar terms like minimum wage or prevailing wage? Let’s take a look.
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.
Tech Companies Ahead of the Curve on Paid Leave
By Susan Schoenfeld, JD In technology, innovation is the key to economic survival. So it is not surprising that, recently, two tech industry giants announced innovation in paid leave benefits for their employees as a means of attracting and retaining top talent.
Supreme Court Ponders Scope of ERISA Plan Recovery Rights
U.S. Supreme Court Justices questioned parties in a case that could further clarify when an ERISA plan fiduciary can recover settlement funds that a plan participant or beneficiary once acquired in a personal injury action but no longer possesses. This case involving the scope of equitable relief under ERISA has significant implications for plans that […]
FMLA and Becoming a Parent
Most employers subject to the Family and Medical Leave Act (FMLA) regulations are well-versed in its main provisions, namely that it allows up to 12 weeks of leave for any of the following purposes:
New Value-Based Insurance Design (VBID) Pilot Launched For Medicare Plans
Value-Based Insurance Design (VBID) generally refers to health insurers’ efforts to structure enrollee cost-sharing and other health plan design elements to encourage enrollees to utilize high-value clinical services – those that have the greatest potential to positively affect their health.
Ask the Expert: Can We Deduct FSA Balance from Employee’s Last Paycheck?
We have an employee that to date has withdrawn more from their FSA than they have contributed. They have now given their notice to end employment. Can we deduct the balance owed for the FSA off the last check to balance out the amount he has been paid but has not contributed.
The Nosh Factor: Millennials Value Edible Benefits, According to New Survey
Companies that have been spending a lot of money on expensive perks to attract and retain Millennials could be getting it all wrong, according to a new survey conducted by ORC International and online grocery delivery service Peapod.com. The answer could be as simple as more free snacks at work.
Acronym Soup: Nailing Down the Essentials of HIPAA, COBRA, and ERISA
By Jennifer Carsen, JD Maybe you, like me, are old enough to remember David Letterman’s unfortunate opening bit at the 1995 Academy Awards—when he inexplicably went back and forth between Oprah Winfrey and Uma Thurman in the audience, saying “Uma…Oprah…Uma…Oprah…”
Novant Health Settles ‘Excessive Fee’ Participant Suit for $32M
A hospital company accused of using participant funds to pay “excessive fees” for retirement plan administration services agreed to a $32 million class-action settlement and extensive adjustments in the way it selects and reviews the plan’s portfolio. As more participant suits are filed accusing defined contribution plans of overpaying for investment and administration services, it’s […]
Quiz: Test your knowledge on the proposed changes to the overtime regulations
On June 30, 2015, the U.S. Department of Labor (DOL) released proposed changes to the overtime regulations of the Fair Labor Standards Act (FLSA). The DOL’s final overtime regulations are due out anytime within the next few months. See how prepared you are to implement the new requirements.