The Internal Revenue Service (IRS) has released Notice 2023-75, containing cost of-living adjustments for 2023 that affect amounts employees can contribute to 401(k) plans and individual retirement accounts (IRAs). 2024…
On Oct. 27, 2023, the National Labor Relations Board (NLRB) published a final rule that establishes new criteria to determine joint-employer status. Joint employment situations can happen when two or…
The American Pet Products Association reports that two-thirds (66%) of U.S. households own a pet. Dogs are the most popular, followed by cats and freshwater fish. Not only are pets…
Employers with 100 or more employees and certain federal contractors are required to file an EEO-1 Report annually with the U.S. Equal Employment Opportunity Commission (EEOC). Federally mandated under Title…
On Sept. 14, 2023, the U.S. Department of Labor (DOL) and the Equal Employment Opportunity Commission (EEOC) announced a formal partnership between the EEOC and the DOL’s Wage and Hour…
The modeled average annual loss (AAL) from natural catastrophes (Nat CATs) globally is now $133 billion, up from $123 billion last year, according to Verisk’s latest Global Modeled Catastrophe Losses…
On Aug. 29, 2023, the Federal Motor Carrier Safety Administration (FMCSA) published a notice of proposed rulemaking (NPRM) for developing a new methodology to determine when a motor carrier is…
Communication in the workplace is key. When it comes to employee benefits, proper communication helps employees recognize the true value of their benefits, which can lead to an appreciation of…
On Aug. 30, 2023, the U.S. Department of Labor (DOL) announced a proposed rule to amend current requirements employees in white collar occupations must satisfy to qualify for an overtime…
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay…