As the pandemic continues to scar wide portions of our society, a number of employees have expressed to their employers an interest in donating their own PTO to help co-workers and community members adversely impacted by...more
7/17/2020
/ Charitable Organizations ,
Coronavirus/COVID-19 ,
Employer Liability Issues ,
Infectious Diseases ,
IRS ,
Paid Time Off (PTO) ,
Revenue Rulings ,
Sick Leave ,
Tax Deductions ,
Wage and Hour ,
Workplace Safety
A second round of FAQs recently issued by the Labor Department, the IRS, and the Department of Health and Human Services provides plan sponsors and insurers with additional implementation guidance relating to health coverage...more
7/13/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Cost-Sharing ,
Employee Benefits ,
Families First Coronavirus Response Act (FFCRA) ,
Health Care Providers ,
Health Insurance ,
Health Plan Sponsors ,
New Guidance ,
Notification Requirements ,
Telehealth ,
Virus Testing ,
Wellness Programs
The Department of Labor (DOL), in coordination with the IRS and the Treasury Department, recently issued new rules extending key deadlines for health, retirement, and welfare plans subject to ERISA and the Internal Revenue...more
6/2/2020
/ Benefit Plan Sponsors ,
COBRA ,
Coronavirus/COVID-19 ,
Department of Health and Human Services (HHS) ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Filing Deadlines ,
Final Rules ,
Health and Welfare Plans ,
Internal Revenue Code (IRC) ,
IRS ,
New Rules ,
Notice Requirements ,
Popular ,
Relief Measures ,
Retirement Plan ,
Time Extensions ,
U.S. Treasury
In response to the realization that many employees will have unanticipated medical and childcare challenges due to COVID-19, the IRS just provided employers with a number of optional amendments that can be made to Section 125...more
Businesses struggling with the economic impact of the COVID-19 pandemic crisis received good news late last night when the Senate passed an unprecedented piece of legislation aimed at providing a massive stimulus to...more
3/31/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employee Retention ,
Federal Labor Laws ,
Paid Leave ,
Payroll Taxes ,
Small Business ,
Small Business Loans ,
Tax Credits ,
Unemployment Benefits ,
Unemployment Insurance ,
Wage and Hour
In an apparent effort to ease some of the anxieties surrounding the impact of the Families First Coronavirus Response Act on employers, the Department of Treasury, IRS, and Department of Labor issued a press release on...more
The Senate passed the Families First Coronavirus Response Act today, an economic stimulus plan aimed at addressing the impact of the COVID-19 outbreak on Americans and introducing paid sick leave and an expanded family and...more
3/18/2020
/ Coronavirus/COVID-19 ,
Employee Benefits ,
Families First Coronavirus Response Act (FFCRA) ,
Family and Medical Leave Act (FMLA) ,
Health and Safety ,
Infectious Diseases ,
Medical Testing ,
New Legislation ,
Paid Leave ,
Paid Sick Leave Act ,
Paid Time Off (PTO) ,
Public Health ,
Sick Leave ,
Tax Credits ,
Trump Administration ,
Unemployment Insurance ,
Wage and Hour ,
Workplace Safety
Congress recently passed significant legislation affecting employer-sponsored employee benefit plans. The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 (H.R. 1994) was passed by the Senate on...more
3/6/2020
/ 401k ,
Benefit Plan Sponsors ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement ,
Retirement Funds ,
Retirement Plan ,
Retirement Plan Providers ,
SECURE Act ,
Tax Planning
Fisher Phillips has assembled a cross-disciplinary taskforce of attorneys across the country to address the many employment-related issues facing employers in the wake of the COVID-19 coronavirus – especially now that the...more
3/3/2020
/ Americans with Disabilities Act (ADA) ,
Best Practices ,
Coronavirus/COVID-19 ,
Employee Benefits ,
Employer Liability Issues ,
Employment Discrimination ,
Employment Policies ,
Foreign Workers ,
Global Workforce ,
Health and Safety ,
Health Care Providers ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Healthcare Workers ,
Infectious Diseases ,
Labor Relations ,
Policies and Procedures ,
Public Health ,
Risk Management ,
Sick Leave ,
Traveling Employee ,
Wage and Hour ,
WARN Act ,
Workplace Safety
A Health Savings Account (HSA) is a popular vehicle for paying health care costs. Employees find HSAs attractive because they can control the amount of money contributed, determine when to withdraw money, and enjoy the...more
The Tax Cuts and Jobs Act (TCJA), passed at the end of 2017, effectively repealed the individual mandate under the Affordable Care Act (ACA) by reducing the tax penalty to zero. Thus, while the ACA still requires individuals...more
An HR professional wears many hats relative to executive and key employee compensation. This article addresses three primary responsibilities of the HR professional: (1) understanding the core elements of a typical key...more
3/6/2019
/ #MeToo ,
Clawbacks ,
Deferred Compensation ,
Employee Benefits ,
Executive Compensation ,
Fringe Benefits ,
Human Resources Professionals ,
Incentive Stock Options ,
Retirement Plan ,
Supplemental Executive Retirement Plans (SERP) ,
Tax Cuts and Jobs Act ,
Wage and Hour