Payroll may be a big expense at your company, but dealing with wage and hour violations is even more costly. Despite all the disruption related to COVID-19, the Dept. of Labor (DOL) has been aggressive with enforcement action in 2020. And, watch out: Thanks to federal recommendations and other changes, it’s likely that there’ll be […]
It’s important for your Payroll pros to treat exempt workers differently than hourly employees in most circumstances. But there are exceptions your people need to know about, especially if your company has some common policies in place for absences and paid time off. The outcome of a recent court case, Jones v. New Orleans Regional […]
Put EEO-1 reporting back on Payroll’s 2021 to-do list. Last year the reporting was postponed due to COVID-19. But now this regulatory requirement has returned. And the deadlines differ depending on your industry. Here’s what you need to know to keep your company in compliance. When are your EEO-1 reports due now? Be aware: These […]
The Biden administration has just extended this student loan relief through at least Sept. 30, 2021. Make sure Payroll hasn’t been garnishing employee wages to repay federal student loans in the first month of the new year. There’s been another extension for student loan relief due to the COVID-19 pandemic. Any garnishment orders to pay […]
Good news: IRS has offered guidance on what employees can do regarding fringe benefits that weren’t used due to the coronavirus pandemic.
A new final rule from the Department of Labor (DOL) makes it clear how employers should handle their workers’ tips. The rule, which amends the Fair Labor Standards Act, specifically makes two things clear: Employers aren’t allowed to keep these tips under any circumstances, and Managers and supervisors can’t receive any portion of employees’ tips, […]
Employee training and continuing ed remain among the most-wanted benefits. But must you always treat that training as compensable time? That’s what one of your peers just tried to determine by asking the Department of Labor (DOL) for an opinion letter. The DOL’s answers may just save you some money while still reaping the benefits […]
With the flurry of W-2 changes Payroll encountered in 2020, year-end could be tough-going. And the last thing any CFO wants is a costly compliance misstep. But there’s help. This checklist of 2020 W-2 changes will help your team ensure compliance. A checklist of W-2 changes for Payroll 1. The IRS revised the W-2 instructions […]
A common step many companies take to prevent costly losses may cost you more in payroll, as the time spent doing it is probably compensable.