Compliance

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  • Should employers outsource to stay compliant?

    April 17, 2014

    Commentary: Advisers should know about options for employers to get help in the ever-changing regulatory environment.


  • Seven keys to managing remote workers

    March 26, 2014

    The traditional workplace has become a thing of the past as the number of remote staff continues to grow. Employers can now retain high quality talent without the auspices of requiring office space. However, despite these benefits, the remote worker is an additional concern for C-suite executives who are looking to expand their business. Here are seven management techniques from Lighthouse Consulting Services that can help management get ahead of the curve.


  • New York City Mayor signs new paid sick leave law

    March 21, 2014

    Starting April 1, New York City’s newly minted paid sick leave law – mandating coverage for all workers at businesses with five or more employees – will take effect. Expectations by city government officials highlight that paid sick leave will now be secured for 500,000 or more New Yorkers.


  • 2 choices, 1 decision: Hiring a third-party fiduciary

    March 19, 2014

    Being a retirement plan fiduciary carries a heavy weight and lots of responsibility. Breaches of such responsibilities can result in both civil and criminal action, though the latter is rare and usually the result of egregious behavior. Fortunately, retirement plan sponsors have a growing menu of options to help them manage their fiduciary obligations and offset some of their legal liabilities.


  • 12 most outrageous business tax deductions

    March 17, 2014

    The Minnesota Society of CPAs recently conducted its annual certified public accountant member survey about the strangest and most unusual tax deductions proposed by clients. Don’t try these deductions for your small business, as most of them resulted in failure. [Photos: Fotolia]


  • 3 tips on how to retain employees

    March 14, 2014

    A new survey from Korn Ferry, a leadership and talent consulting services business, finds that roughly 46% of Americans are not certain that they want to stay at their current company. The survey finds that employee retention is related to innovative leadership strategies, which include creating welcoming atmospheres, broadening communication and empowering employees. Robert Damon, executive chairman of the Americas for Korn Ferry, discloses three helpful tips for effective management strategies.


  • DOL asks for comments on 401(k) fee disclosure guide

    March 11, 2014

    The Department of Labor requested public comments this week on a proposal to amend its 408(b)(2) fee disclosure regulations to require service providers to provide plan sponsors with a guide for navigating fee disclosure documents.


  • Insurance firms seek escape from U.S. bank capital rules

    March 11, 2014

    Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank-like capital standards on their industry.


  • Protecting employee personal data is a ‘team sport’

    March 10, 2014

    A panel including a security specialist and FTC privacy staffer talked Monday at an American Payroll Association meeting about common mistakes employers make with their employees’ personal data and what the right make-up of a privacy team at a company should look like.


  • ACA compliance triggers outsourcing scrutiny

    March 6, 2014

    With the Affordable Care Act looming large, employers turn to benefit outsourcing to keep their plans compliant.


  • Expat health plans subject to ACA requirements

    March 5, 2014

    Much has been made about how the exchanges are playing in Peoria, but what about Portugal, Poland or Peru?


  • Why HR shouldn’t be threatened by benefits admin outsourcing

    March 5, 2014

    While outsourcing is a dirty word for many U.S. workers, most organizations that outsource benefits administration do so not to reduce HR head count, but rather to achieve legal compliance, reduce burdens on internal staff, gain efficiencies and gain access self-service technology.


  • CBO: Minimum wage increase would cost jobs

    February 18, 2014

    Increasing the U.S. minimum wage may lift some workers out of poverty while leading to as many as 1 million job losses, according to a report from the Congressional Budget Office.


  • 5 compliance areas where you should be on high alert

    February 18, 2014

    If the last few years were an age of reform, then we’ve definitely entered a new era — a time of compliance.


  • What will Obama’s minimum wage action mean for employees?

    January 30, 2014

    Only time will tell if the president’s self-declared year of the executive order will solicit more action from Congress on legislation. But what are the immediate implications for employees who heard his State of the Union call for a minimum wage increase?



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