Highlights include credit unions targeted in a spear phishing campaign, email fraud on the rise, U.S. companies targeted through LinkedIn, and more.
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Know about discriminatory practices to avoid. Federal employment discrimination law does not prohibit employers from requesting or obtaining criminal history information about applicants and employees. However, an employer’s use of such information could result in a claim of discrimination.
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Serving on a board can be rewarding, but it also exposes your personal wealth and assets to potential risk, since board members can be personally liable for the actions (or inactions) of the boards upon which they sit.
Make sure your 2019 employee benefits strategy is aligned with your organization’s long-term goals. Strategic planning can help manage costs while increasing efficiency and productivity in a complex business climate.
On March 7, 2019, the Department of Labor (DOL) proposed revisions to the Fair Labor Standards Act (FLSA) white collar exemption rule. The DOL is proposing a minimum salary threshold to increase to $679 per week (which equals an annual salary of $35,308). The threshold currently sits at $455 per week ($23,660 annually). With an anticipated effective date of January 1, 2020, this proposal signals the Department’s desire to bring the required salary amount to a dollar figure more representative of modern-day wages.
Health Insurance Portability and Accountability Act (HIPAA) rules require group health plans to provide special enrollment opportunities to certain employees, dependents, and Consolidated Omnibus Budget Reconciliation Act (COBRA) qualified beneficiaries. Being aware of special enrollment situations is important, along with making sure special enrollment rights are communicated.
Earlier this year, Congress passed (and the President signed) the Bipartisan Budget Act which included several provisions affecting qualified retirement plans. As employers look ahead at planning for a new calendar year, let’s take a moment to discuss the change to hardship distributions employers may consider adopting. New legislation did not change what might constitute an individual hardship, but it does make hardship withdrawals easier to obtain for participants.
This eBook is a great companion piece to our upcoming "Motivating the Millennials" webinar on Wednesday, April 18. Register for this complimentary webinar and join us to better understanding the mindset and motivations of the Millennial generation. This eBook will cover the leading benefit strategies for attracting and motivating this new generation of workers.
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A lot has happened in 2017 and we expect things will continue to evolve. This article covers some of the recent changes and provides additional resources to help you stay on top of this ever-changing regulatory landscape.
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