Wage & Hour Complaints and Investigations—News—Federal
Mortgage Company Pays Nearly $2M to Settle OT Complaint
November 05, 2007—Allied Home Mortgage Corp. in Houston has paid $1,855,518 in back wages after the U.S. Department of Labor's Wage and Hour Division accused the company of violating the Fair Labor Standards Act (FLSA) by failing to pay an overtime premium to commission-only employees.
Form 5500 Filing Extension Granted Due to Wildfires
November 02, 2007—Plan administrators, employers, and other entities located in areas directly affected by the recent California wildfires have extra time to file their Form 5500, Annual Return/Report of Employee Benefit Plan, and Form 5500-EZ, Annual Return of One Participant (Owners and Their Spouses) Retirement Plan.
Even Split on Willingness to Provide 401(k) Advice
November 01, 2007—About the same percentage of HR professionals report that their company currently does--or might be willing--to provide 401(k) investment advice to its employees as those who report that they don't provide such advice and have no plans to do so, according to a recent Compensation.blr.com poll.
Compensation Costs Keep Rising
October 31, 2007—Total compensation costs for civilian workers increased 0.8 percent in the third quarter of 2007, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This was about the same as the 0.9 percent increase for the March to June period.
25 Highest-Paying Jobs Requiring Associate's Degree
October 30, 2007—Computer specialists top the list of the 25 highest-paying occupations requiring post-secondary training or an associate's degree, while technicians of various kinds dominate the list, according to a report by the Office of Occupational Statistics and Employment Projections at the Bureau of Labor Statistics.
Rising Costs Shift Use of Healthcare System
October 30, 2007—Rising healthcare costs are increasingly changing the way Americans use the healthcare system, creating both positive and potentially negative effects, according to a survey by the Employee Benefit Research Institute.
HR Pros Not Keen on Ceasing to Track Vacation Time
October 29, 2007—A large majority of human resource professionals do not think that ceasing to track vacation time would be a good idea at their company, according to a recent Compensation.blr.com poll.
Top 10 Compensation Stories in Last 90 Days
October 29, 2007—The following 10 articles are the most popular among Compensation.BLR.com readers in the last 90 days. The articles are available to both subscribers and non-subscribers.
Business Travel Costs to Rise in 2008
October 26, 2007—Hotel rates in key cities throughout the United States, Europe and Asia could experience high double-digit increases next year. This was among the findings of American Express' annual Global Business Travel Forecast released this week, which predicts that continuing demand for travel services will outweigh supply in 2008, driving up rates for airfare, car rentals and hotels around the world.
Expert: Want to Keep Good People? Raise Pay Faster
October 26, 2007—When new employees come on board, employers invest in training them. Sometimes the training is formal. More often it is in the form of reduced output as new people come up to speed. As they learn, their value increases quickly when their output reaches that of an experienced worker. Unless pay increases follow the same curve, you risk losing your investment, says Barry L. Brown of Effective Resources, Inc.
