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The Latest Compensation News
The U.S. Pension Benefit Guaranty Corp. (PBGC) has added two more conditions to the list of early warning factors that it watches and believes may endanger the funding of single-employer defined benefit (DB) retirement plans.
President Donald Trump has nominated Alexander Acosta, a former National Labor Relations Board (NLRB) member, to serve as secretary of labor. The announcement came less than 24 hours after Trump’s first choice, Andrew Puzder, withdrew from the approval process.
President Trump’s nominee for Secretary of Labor, Andrew Puzder, withdrew from the approval process Wednesday, just hours before his scheduled confirmation hearing.
The U.S. Supreme Court may soon decide whether employers can collect workers’ tips and redistribute them to nontipped employees.
Payments that an employer makes to an employee under a fixed indemnity health plan must be included in the employee’s taxable income, the Internal Revenue Service (IRS) recently indicated, if the plan premiums were paid by the employer or by salary reduction under a cafeteria plan.
Recently, a question arose on whether an employee can "stack" liquidated damages under the FLSA and the Labor Law so that he scores a triple recovery: back pay and liquidated damages under the FLSA plus liquidated damages under the Labor Law.
A 2013 laptop theft led to a $3.2 million Health Insurance Portability and Accountability Act (HIPAA) penalty against a Dallas hospital, after the U.S. Department of Health and Human Services (HHS) determined that it had failed to address known security risks for years beforehand.
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