Posts Tagged ‘Pay Check’
401(k) Basics
401(k) Basics A retirement plan shows that you are invested in the futures of your employees and gives employees the opportunity to plan ahead and care for their financial futures. The 401(k) is a type of retirement account, aptly named after its section description in the IRS tax code (26 U.S. Code § 401(k)). This…
Read MoreUnpaid Internships
As summer is just around the corner, a common question we receive is whether it is acceptable to engage unpaid interns. Assuming the organization in question is a for-profit company, this is an area in which to exercise extreme caution. While most interns must be compensated at least minimum wage plus any applicable overtime in…
Read MoreSummer Workplace Activities
Summer is quickly approaching! It’s that time of year when you start to dust off your grill, coordinate that river or poolside vacation, and crank “Surfin’ USA” on your commute to work. It’s also a fantastic time for employers to brainstorm seasonal activities to strengthen the company culture and keep workers refreshed and engaged. Annual…
Read MoreWays to Bring Your Organization’s Values Into Your Company
Coming up with your company values may have taken several hours of thought, reflection, and discussion. This effort will have been wasted, though, if you stop there and fail to institute these values. So, how do bring your values into the day-to-day operations of your organization? How do you embody them and not just talk…
Read MoreFLSA Exempt Employee Minimum Salary Changes: Doing the Math
Batten Down the Hatches! As you have probably heard, the Department of Labor is planning to dramatically raise the minimum salary requirement for employees to qualify as exempt under the “White Collar Exemptions.” It’s possible this new minimum will be as high as $50,440, which could impact nearly five million employees. The threshold could certainly…
Read MoreAre You Having Restaurant Wage and Hour Problems?
The following is another great piece written by our good friend Allan H. Krystal. Alan is a terrific resource for small business owners. Please visit his website at www.alankrystallaw.com Are You Having Restaurant Wage and Hour Problems? {2:03 minutes to read} A key issue facing restaurant owners is avoiding wage and hour problems, especially when it…
Read More5 Benefits of Tracking Time and Attendance
5 Benefits of Tracking Time and Attendance As an employer, you have a lot on your plate. Between payroll, interacting with employees, and trying to run the business, you may find yourself stretched thin and not able to commit as much time to the things that are most important. Unfortunately, when a supervisor can’t stay…
Read MoreHow’s your company’s vision?
How’s your company’s vision? Can you see what’s coming for employee health care reporting? The Affordable Care Act (ACA) is burdensome and complex with changes to many different laws or sections of our tax code. With nearly 100 provisions since its enactment, it seems to continually impact employer responsibilities and reporting. Determining if your company…
Read MoreCan you prove your ACA compliance?
Can you prove your ACA compliance? The Affordable Care Act (ACA) employer mandates and deadlines are putting plenty of fear, worry and doubt into those who must comply with reporting requirements. Applicable Large Employers (ALEs) should be especially aware of their ACA obligations to employees and the IRS. Enforcement Since the ACA became a law,…
Read MoreFLSA lawsuits are on the rise
FLSA lawsuits are on the rise Federal Fair Labor Standards Act (FLSA) lawsuits numbered over 7,000 in 2012 alone. Companies such as Walmart, Staples, Merrill Lynch, JPMorgan Chase, Oracle, CVS, Tyson Foods, Lowe’s and AT&T have been subject to significant FLSA penalties. FLSA lawsuits don’t target specific types of companies; every company could be faced…
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