News

A new employer guide to the Family and Medical Leave Act outlines companies’ obligation under the statute, but still leaves many unanswered questions, says FMLA attorney Jeff Nowak, a partner in the Chicago office of FranczekRadelet. “For the most part, the guide simply restates what we already know from the regulations, without tackling the difficult […]

Health savings accounts emerged from two potentially conflicting goals–to keep health care costs down and to give consumers control over their health care choices. HSAs continue to be popular ten years later. Estimates are that over 13 million HSAs existed as of the end of 2014, with over $24 billion in assets. And those numbers […]

The Obama administration made final a long anticipated change to overtime pay that will entitle millions of additional American workers to overtime pay when they work more than 40 hours in a week. The minimum salary at which a worker can be exempted from time and a half wages for every overtime hour he works will more than double, […]

Six years after its passage, the Affordable Care Act remains a hot-button issue. Congress has voted more than 60 times to undo, defund or revamp it. On the campaign trail, presidential candidates’ positions on the law range from vowing to repeal and replace it to promising to build on and improve it. Meanwhile, most employers […]

On May 18, 2016, President Barack Obama and Secretary of Labor Thomas Perez announced the publication of the Department of Labor’s (DOL) Final Rule updating the regulations governing overtime pay under the Fair Labor Standards Act (FLSA). The updated rule will automatically extend overtime pay protections to 4.2 million new employees within the first year […]

Every industry has been affected by the changes brought on by the Affordable Care Act, but hospitality and retail employers are dealing with arguably the biggest challenge when it comes to compliance. That’s because both rely largely on labor-intensive work. They’re volatile industries with heavy turnover. And many employees work varying hours from week to […]

Hillary Clinton’s proposal to allow those under the age of 65 to buy into Medicare may find support among employers. The likely Democratic nominee has suggested that people should be able to opt into the public health program for senior citizens before retirement age, perhaps at age 50 or 55. Clinton reasons that Medicare could […]

We are just over six months away from the 2016 election and –well—we certainly won’t pretend to know with any level of certainty what will happen. That said, six months ago (or so), Clinton looked to be an absolute lock for the Democratic nomination with Vermont Senator Bernie Sanders a mere distraction at best. That […]

IRS has finalized certain rules and regulations to assist sponsors of employer-provided health coverage (and the carriers of same) in determining whether such coverage meets the requirements of the Affordable Care Act (ACA) for purposes of the “play-or-pay” rules. Most of the finalized regulations reinforce the proposed regulations from before, but there are few highlights […]

As the clock ticks toward the announcement of final overtime rules, employers will be asking what they can do to get ahead of the curve. The answer? Employers should put in place a proactive preparation and compliance plan so that they can successfully understand the latest government regulations. FLSA preparation tips • Employers should designate a team from […]