HR Brief – November 2019

Topics Include:
• DOL Issues New Salary Limits for Overtime Exemptions
• The Pros and Cons of Incentive Pay

Cyberattacks: What is the Price for Small Businesses?

Any individual or business can be the target of a cyberattack. But small businesses are especially at risk because they typically are not able to devote as many of their resources to security as larger businesses can. No matter how a cyberattack occurs, it can affect a business in several different ways. 

ACA Compliance Bulletin: Pay or Play Penalties Will Increase for 2019 and 2020

On Sept. 11, 2019, the IRS updated their Questions and Answers (Q&As) on the employer shared responsibility rules under the Affordable Care Act (ACA), to include adjusted penalty amounts for 2019 and 2020.

ACA Compliance Bulletin: Proposed Rule on the Impact of ICHRAs on the ACA’s Pay or Play Rules

Beginning Jan. 1, 2020, some employers will be able to offer individual coverage HRAs (ICHRAs) to help employees pay for individual health insurance. The Internal Revenue Service (IRS) published proposed regulations on how the following federal requirements will affect ICHRAs.

Compliance Bulletin: DOL Issues New Salary Limits for Overtime Exemptions

On Sept. 24, 2019, the U.S. Department of Labor (DOL) announced a new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and overtime exemption under the federal Fair Labor Standards Act (FLSA).

Compliance Bulletin: FAQs on the New White Collar Overtime Exemption Rule

FAQs are now available for the new final rule that updates the salary thresholds that some individuals must meet in order to qualify for a minimum wage and overtime exemption under the federal Fair Labor Standards Act (FLSA). The final rule becomes effective on Jan. 1, 2020.

Compliance Bulletin: DOL Proposes to Amend Employee Tip Regulations

On Oct. 8, 2019, the U.S. Department of Labor (DOL) published a proposed rule to amend employee tip regulations under the Fair Labor Standards Act (FLSA). This proposed rule has been issued, in part, to incorporate legislation approved by Congress in 2018. The rule also incorporates guidance the DOL has published over the years about tipped wages.

Compliance Bulletin: EEO-1 Component 2 Filing System Remains Open After Sept. 30, 2019 Deadline

The online filing system that certain employers must use to submit pay and work-hour (“Component 2”) data as part of their EEO-1 reports will remain open for submissions while a court order that mandated these submissions is in effect.