Cash payments for donated leave aren’t comp: IRS
It won’t count as income to employees, but they also won’t be able to deduct it.
Regulation and compliance
A new tool for employee temperature checks ensures safety and security of workers
A company created a kiosk to help employers deal with privacy concerns over taking temperatures at the office.
New Voya initiative helps employers navigate the complex leave landscape
“As that complexity has grown, it was important for us to make sure that we continue to invest in capabilities that are going to be the necessities that employers are looking for,” says Voya executive Lou Strippy.
Single-payer healthcare could lead to major employee benefits industry shakeout
If Democrats win in November, single-payer healthcare could still be on the agenda. Its adoption would shake up the benefits industry.
DOL issues final rule on electronic delivery for retirement plan documents
The Department of Labor issued a new rule that allows companies to distribute retirement benefit information electronically.
What employers and employees need to know about leave policies before reopening
Experts from MetLife help employers understand how recent coronavirus legislation will affect leave and remote work policies after the pandemic.
Ways clients can use their tax refund toward retirement: Tax Strategy Scan
For starters, they can use the windfall to pay off debt, shore up their HSAs and build a cash reserve.
Employers must revisit workplace compliance amid COVID-19 pandemic
The spread of coronavirus requires employers to consider regulations that might not have applied before, and makes a strong case for teleworking.
Trump signs virus relief bill, plans for even bigger stimulus
The bill provides paid sick leave, aid to states and food assistance.
PNC ordered to pay $2.4M to former employee in sexual harassment case
The wealth manager claimed bank management knew a customer had a history of sexual harassment, but allowed him to continue doing business at the branch anyway.
Uber loses early challenge to California gig-worker law
Companies relying on gig workers feel the ruling is "a threat to [employees'] flexibility and income."
U-Haul antismoking hiring policy starts fiery debate
Recruiters and benefit providers aren’t confident the policy will help drive down smoking-related healthcare costs and improve the job candidate pool.
Benefits Think It’s time to update your employee handbook
Refreshing your company policies will help avoid legal and liability issues.
Jeffrey Smith
Fisher Phillips
Now might be a good time to save in Roth accounts
Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.
How to manage multiple HSAs for couples
They are triple-tax advantaged, but also introduce significant challenges — especially for life partners with multiple accounts.
Obamacare back at the high court — with billions for insurers on the line
More than $12 billion is at stake for the nation’s health insurers Tuesday when the Supreme Court hears another Affordable Care Act case.
LinkedIn chief people officer resigns over compliance issues
A violation of company rules led to the ouster.
Wells Fargo HR slammed for poor handling of 2016 fake-account aftermath
Top bank regulator issued warnings to HR department over employee complaint backlog and compensation issues.
Trump advances healthcare price rules to boost transparency
These policies would force healthcare providers and insurance companies to disclose their pricing.
Buyout or pension? The heavyweight bout of retirement decisions
Buyout amounts are high right now, but there are many other factors to consider when guiding employees to the right choice.
