Monthly Archives: November 2018

Profit-sharing plans: Company owes back wages for ignoring the rules

    Keys to Making sure programs hold up to federal scrutiny   Profit-sharing plans are an excellent way to keep employees invested in a company’s success. But compliance issues can be costly for employers.   One Indiana lawn care company learned this firsthand. Precision Cut Lawn Service gave employees flat salaries with no overtime [...]

November 28th, 2018|Uncategorized|

401(k) benefit gets IRS approval newest guidance for Payroll

    Unique way to help workers enrolled in plan.   The IRS just gave the green light to a new type of 401(k) contribution strategy to help workers who are paying back student loans.   Here’s the latest guidance from the agency, along with how this type of plan would impact Payroll.   Program [...]

November 28th, 2018|Uncategorized|

DOL clarifies if organ donation is a ‘serious health condition’ under FMLA

    How to handle healthy employee who donates   Sometimes, it can be confusing to figure out what counts as a “serious health condition” that qualifies for leave under the Family and Medical Leave Act (FMLA).   The Dept. of Labor (DOL) released an opinion letter discussing whether one unique procedure is eligible for [...]

November 28th, 2018|FMLA|