Finance News & Insights

Another one! Feds update regular rate of pay rules too

Your payroll staffers are going to be busier than usual! The Department of Labor (DOL) just announced it’s updating the Fair Labor Standards Act regs that control the regular rate of pay. [Read more…]

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It’s almost intern season! Keys to keep your company in compliance

Spring is here and along with new flowers you’ll soon see some new faces around the office. It’s intern time for many companies as college students are out for the summer and look to build their resume. [Read more…]

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New OT salary threshold released: Here’s the new number

It’s finally here! After years of waiting and more than 200,000 public comments, the Department of Labor (DOL) just released the proposed rules overhauling the federal overtime system. [Read more…]

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New overtime rules coming up fast: Your best ways to prepare now

Get ready: Your company will soon be working with a new salary threshold for overtime eligibility. [Read more…]

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Feds delay upcoming 401(k) fee deadline

Good news: Employers have been granted another compliance delay. This one involves 401(k) fee disclosures and comes courtesy of the Department of Labor (DOL). [Read more…]

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What firms can learn from Walmart’s $5 million OT settlement

The world’s largest employer is no stranger to run-ins with the government over its employment practices, but the DOL came down especially hard on the retail giant recently. [Read more…]

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Feds look more closely at firms that handle employers’ 401(k)s

You and your peers aren’t the only ones who are under increased scrutiny when it comes to managing retirement plans. [Read more…]

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Firm on the hook for massive amounts of unpaid overtime

It’s one thing to mistakenly fail to pay workers for an hour or two of overtime they put in, but when employees put in almost 80 hours each week without any overtime, its bound to set off some red flags. [Read more…]

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2 more states team up with Department of Labor

The DOL just enlisted the help of two more states to help it root out employee misclassification. Will your state be the next one to join the growing list? [Read more…]

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Feds say no deadline extension for 401(k) regs

If you thought the Department of Labor (DOL) would be swayed by recent requests to push back the deadline for compliance with the 401(k) fee disclosure regs, you’re not going to like this one bit. [Read more…]

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