DOL publishes answers about employee hours, pay reductions
The Department of Labor’s (DOL) Wage & Hour Division has published a list of frequently asked questions about furloughs and other reductions in pay and hours. The beginning point under the Fair Labor Standards Act (FLSA) is that employers are required to pay all non-exempt employees the full minimum wage and any overtime on the [...]
Employers being sued over inflexible leave policies
A number of cases are being brought across the country challenging employers’ inflexible leave policies, sometimes known as administrative separation policies, under which an employee is terminated for failure to return to work following a maximum period allowed for a leave of absence. Many employers have policies that if an employee is absent for leave [...]
Five pitfalls you should avoid in retirement
You work hard and save aggressively so that one day you can retire from the workforce. When the fabled day arrives and you enter the blissful state of retirement, you may be tempted to think you’re done agonizing over your money and savings. The truth is the hard work is probably just beginning. Assuming you’re [...]
Sorting through the financial professionals alphabet soup
One of the biggest lessons coming out of the recent bear market is that you need to find financial professionals you can rely upon. A number of factors can go into the process, such as the professional background and history of the individuals you are considering, referrals from others who have used them and your [...]
Update on immigration issues for employers
1. E-Verify E-Verify, which had been scheduled to expire on Sept. 30, 2009, continues to be funded by Congress on a month-to-month basis. There seems to be a growing consensus in Congress to extend E-Verify in its current form for three years. As of this writing, no long-term resolution pertaining to the funding of E-Verify [...]
