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The Latest Compensation News
Both the Family and Medical Leave Act (FMLA) and the Americans with Disabilities Act (ADA) often apply to employees who are seriously ill or injured. When this happens, employers may be required to grant leave and to accommodate the employee under both the FMLA and the ADA.
Since the Affordable Care Act (ACA) became law in 2010, employers have been busy trying to make sure they understand the law’s intricacies and how to remain in compliance with all its myriad provisions.
The DOL has also revised the definition of “companionship services” to clarify and narrow the duties that fall within the term. As a result, many more domestic service workers will be protected by the Fair Labor Standards Act’s (FLSA) minimum wage and overtime provisions.
If you’ve worked in compensation for very long you probably know all there is to know about “aging” data. If you’re new to comp, however, and aging data is a bit of a mystery, read on.
The funded status of U.S. pension plans improved in the second quarter of 2015, with the deficit declining by $81 billion for the quarter, according to an analysis by Aon Hewitt, a talent, retirement, and health solutions business of Aon.
n a move that has surprised the nation, Netflix® has recently announced that they will be providing unlimited maternity leave to promote and foster a “freedom and responsibility” culture. Netflix will allow new parents to take as much time off, as they need, for the first year of their newborn's life.
The Securities and Exchange Commission recently adopted a final rule that requires public companies to reveal the difference between CEO compensation and median pay as a ratio. The new rule provides flexibility in calculating this pay ratio and helps inform shareholders when voting on “say on pay.”
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