Tag: benefits

Ask the Expert: Can We Dock Salaried Employee’s Pay for Personal Day When Vacation Time Is Tapped?

Question: Under what circumstances is an employer allowed to require a salaried exempt employee to utilize his/her vacation leave bank for full days away from the office for personal reasons other than medical?  Also, is an employer allowed to withhold payment or “dock” a salary-exempt employee for full days out of the office for personal […]

COBRA

Ask the Expert: COBRA Quandary

Question: I just found out that a former employee near the end of his COBRA election period was in an accident and is currently incapacitated. What are my options administratively if the election period ends and he has not yet elected COBRA coverage?

Coordinating FMLA with State and Federal Laws

In this article series, we’ll focus on the intersection of the Family and Medical Leave Act (FMLA) and how it affects many other laws, including the Americans with Disabilities Act (ADA), workers’ comp, and other state laws that apply to medical or disability leaves. Additionally, the FMLA may intersect with a variety of employer-provided leaves […]

Financial wellness: 4 Steps toward confidence—and ROI

Yesterday’s Leadership Daily Advisor discussed a new view on making employer-sponsored financial wellness initiatives more impactful—the idea that financial courage may have a lot more to do with employees’ motivation than financial literacy. Today we offer four points to consider to help incorporate some courage-building and meaningful return-on-investment metrics within your financial wellbeing programs.

retirement

DOL Delays Fiduciary Rule Implementation; Reduces Transition Compliance

The Department of Labor (DOL) on April 4 released details of a 60-day delay in implementation of its new fiduciary rule and Best Interest Contract Exemption (BICE). The rule formalizing the extension, was published in the Federal Register on April 7, also delivered changes that significantly reduce compliance burdens during a transition period until January […]