Tag Archives: Benefits

Retirement Plan Hurricane Relief for Affected Participants

As we all know, Hurricanes Harvey, Irma and Maria severely impacted parts of Texas, the southeastern United States and Puerto Rico causing billions of dollars of damage. To help victims recover, Congress, the IRS, and the Department of Labor have issued special retirement plan relief for employers and participants located in those areas. Employers sponsoring … Continue Reading

Our group is growing – Tampa here we come!

This is an exciting time for the Firm, our Labor & Employment Law Department and our clients. We are pleased to welcome two new members to our group and to expand our footprint in Tampa. Janet Goldberg McEnery and Andrew W. McLaughlin each brings a wealth of knowledge and experience and a unique perspective to … Continue Reading

What’s in YOUR COBRA Notice? Insufficiencies Could Drain Your Wallet

SunTrust Banks learned an expensive lesson about COBRA compliance recently. It was sued for failure to send proper COBRA election notices after employees terminated employment. SunTrust’s agent for COBRA notice purposes, Xerox HR Solutions, actually sent timely COBRA notices to the former employees.  But two former employees/plaintiffs claimed that the notices were legally insufficient and, … Continue Reading

Don’t Forget About ACA Compliance with Staffing Firm Service Agreements

Applicable large employers – those with 50+ full-time employees (ALEs) – under the Affordable Care Act (ACA) must satisfy the law’s “employer mandate,” meaning that they may be assessed penalties for: Failing to offer minimum essential coverage to full-time employees and their dependents Offering eligible employer-sponsored coverage that is not affordable or does not provide … Continue Reading

You Want to Raise the Minimum Wage to WHAT?!?!

A year ago, Gravity Payments CEO Dan Price announced plans to raise the salary of every employee to $70,000 by 2017, even entry level staffers.  In order to help offset the increased labor costs, Price announced his intention to lower his own salary from $1,000,000+ to $70,000 (he apparently made around $2,000,000 in 2012).  Needless-to-say, … Continue Reading

Top Takeaways from our 26th Annual Labor & Employment Law Seminar

With over 400 attendees from more than 200 employers, our 26th Annual Labor & Employment Law Seminar was a huge success! Thank you for allowing us to keep you “on Track”. For the first time this year, following our morning sessions, attendees were able to choose from our “high-speed” track designed for experienced HR professionals or our “Hop … Continue Reading

Turn a FICA Sting into a FICA Benefit

The final chapter of an unusual FICA tax saga recently was ordered in the form of a settlement between Henkel Corporation and a group of its retirees. Although framed as a case involving retiree benefits, the case’s application is not that narrow. Henkel sponsored a nonqualified deferred compensation (“NQDC”) plan that provided monthly benefits after … Continue Reading

Telecommuting: Perk or Problem?

As we become increasingly more mobile, telecommuting programs are among the fastest growing benefit for employees. While the term “work from home” may trigger visions of a 24-year-old with a laptop at a Starbucks, the typical telecommuter is actually a 49-year old college graduate. Having an endless supply of caramel macchiatos during the workday may … Continue Reading

Employees are taking back Thanksgiving!!!

Employees are taking back Thanksgiving!!! What impact will that have on your business if the trend continues?  Is the trend driven by a return to more traditional values surrounding the Thanksgiving holiday or is it just plain good business sense? Employers are asking themselves these questions ever since Recreational Equipment, Inc., otherwise known as “REI,” … Continue Reading

No Good Deed Goes Unpunished – Improper Extension of Benefits after Termination of Employment

You’ve always treated your employees fairly, even when the relationship doesn’t work out and you have to let the employee go or when you’ve had to terminate employees due to downsizing. Often, you agree to continue the employee’s benefits for a few months during a severance period. You know how important it is to have … Continue Reading

TOP SECRET Takeaways from our 25th Annual Labor & Employment Law Seminar

Our 25th Annual Labor & Employment Law Seminar is a wrap. Wow, 25 years goes by in the blink of an eye! Each year, our seminar continues to grow. Thank you to the attendees who have been with us from the beginning and the newcomers who attended for their first time this year.  With over 400 attendees from more than 200 employers, our 25th … Continue Reading

An EGGcellent Employee Benefit or a Degrading Message?

Surveys are conducted periodically to compile lists of “best employee benefits.” Those lists have included items such as: free lunch (yes, there is such a thing for some lucky employees); fully-paid insurance premiums; gym membership and fitness classes; flexible schedules, including 4-day workweeks; telecommuting options; transportation subsidies; paid maternity and paternity leave; unlimited vacation (my … Continue Reading
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