The Small Business Administration (SBA) says it will “promptly” release new forgiveness rules and guidance for firms. Why? A new Paycheck Protection Program (PPP) bill that eases some restrictions for small employers is becoming a law. Originally, the PPP loans could be forgiven if an employer followed the 75/25 rule: 75% of the loan proceeds […]
Compensation & Payroll
Since the feds replenished the Paycheck Protection Program (PPP) in May, many more small employers have requested the forgivable coronavirus-relief loans. And now, the feds have issued a new round of guidance on what makes the loan forgivable. Forgiveness applications On May 15, the Small Business Administration (SBA), which is administering the loans, released its […]
Employers can get into a lot of trouble when they require employees to do extra work and not compensate them for it. But in order for it to be an FLSA violation, the employee has to be eligible for overtime. No detailed analysis required Daniel Smith worked as an organ procurement coordinator for Ochsner Health […]
DOL’s regular rate of pay rule and how it impact employee benefits
The COVID-19 pandemic is the ultimate game-changer that has turned many things, especially business, on its head. In response, most companies are implementing work-from-home-arrangements for employees so they can keep things running. Along with all the cautions about online scams and email phishing, another pitfall awaits: It’s possible that without a legally sound remote work […]
Flex plans and telecommuting have become essential to maintaining operations. And it’s important to remember that, while a necessity in many cases, these work options carry some thorny legal issues.
As the 2019 novel coronavirus outbreak continues in the U.S., employers are being confronted with the possibility of facing workers’ comp claims from employees who either contracted the coronavirus at work or during work-related travel. The Washington Department of Labor & Industries announced March 5 that the state is changing its policy around workers’ compensation […]
Payroll tech trends are changing rapidly and will play a significant role in employee experience, from payment-on-demand to data security compliance.
The final overtime rule updates the earnings thresholds necessary to exempt executive, administrative, or professional employees.