It’s never too early for young employees to start saving for retirement. But rising healthcare costs, inflation, and increased longevity can make it challenging to know just what an individual will require to retire comfortably. Employers can help younger workers prepare for retirement planning through employer-sponsored plans such as 401(k)s and  Health Savings Accounts (HSAs).

On Tuesday, November 22, a federal court blocked implementation of the “overtime rule” that would have made an estimated 4 million more American workers eligible for overtime pay starting December 1. It is important to remember that this injunction is temporary – it may be implemented at a later date. Many employers have been making

Overtime Rule Blocked

On Tuesday, November 22, a federal court blocked implementation of the “overtime rule” that would have made an estimated 4 million more American workers eligible for overtime pay starting December 1. The U.S. District Court in the Eastern District of Texas granted the nationwide preliminary injunction that prevents the Department of Labor from implementing the

The new FLSA ruling has many businesses needing to reclassify employee status to accommodate the new minimum salary level eligible for overtime pay. And, if this weren’t enough, companies are now finding it even more challenging explaining to an exempt employee that their position is going to be reclassified.

In most states, Workers’ Compensation is a necessary evil. A federally mandated program that translates into an extra expense your company is forced to carry. Only a few territories give you the option of electing out of this coverage in exchange for loss of limited liability.