Effective December 1, a new rule updates the regulations governing which executive, administrative, professional, and highly compensated employees are entitled to the minimum wage and overtime pay protections of the federal Fair Labor Standards Act (FLSA). Current Rules The current federal rules provide an exemption from both the minimum wage and overtime pay requirements of… Continue reading New Federal Overtime Rule Effective December 1
The Internal Revenue Service (IRS) has announced the inflation-adjusted contribution limits for health savings accounts (HSAs) and health flexible spending arrangements (health FSAs) for tax year 2017. 2017 Contribution Limits The tax year 2017 contribution limits for HSAs and health FSAs are as follows: • HSAs: The annual limitation on deductions for an individual with… Continue reading 2017 HSA and Health FSA Contribution Limits Announced
With Election Day quickly approaching, private sector employers should be aware of their obligations under state law to provide voting leave for their employees. While there is no federal law that requires private sector employers to provide employees with time off from work to vote in a national or state election, numerous states require that… Continue reading Election Day is November 8th–Are Your Employees Entitled to Voting Leave?