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CalChamber PAGA Wage & Hour Compliance Toolkit on Sale Now

HRWatchdog

Since it was enacted in 2004, PAGA has allowed individuals to file lawsuits seeking Labor Code violation penalties for not only themselves, but also all other aggrieved employees. This has resulted in a substantial increase in litigation that costs businesses of all sizes billions of dollars while bringing little benefit to workers.

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How HSAs can transform retirement planning and your common questions

WEX Inc.

HSA contributions made through payroll are not subject to the 7.65% FICA tax. With an HSA, pre-tax payroll contributions are exempt from both income taxes and the 7.65% FICA tax.” HSAs have been exempt from ERISA since the first accounts opened in 2004,” Cook said. “No Withdrawals for HSA eligible medical expenses are tax-free.

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Comment Period Begins for OT Rule

HRExecutive

As you may recall, the rule was blocked last November by a Texas federal judge before it would have expanded overtime protections to over 4 million workers, by more than doubling the annual salary level at which workers must be compensated for overtime pay, from $23,660 to $47,476. Should the Department keep that? Is 10% the right amount?

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11 remarkable overtime rule tips from DOL insider

HR Morning

McCutchen was the main architect behind the 2004 changes to the FLSA’s overtime exemption rules. She said she’s hearing the number “$134,000” tossed around a lot, and she warned that setting someone’s salary at $134K won’t make them a highly compensated employee under the rule.

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Ask the Expert: Do Owners Count as Employees for FMLA?

HR Daily Advisor

We have 3 owners who are not in payroll (K-1) and 48 employees in payroll (W-2). Based on this definition, since your owners are not “on” the payroll, there is an argument to be made that they should not be counted as employees for the purposes of the FMLA. Do owners count as employees for FMLA? See 29 C.F.R. Wells 538 U.S.

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How to prepare for proposed overtime rules

Sage HRMS

The new regulation could have a great affect on human resource planning and payroll management if it becomes law. The current baseline, set in 2004, is $455 per week or $23,660 per year for employees who work over 40 hours a week. Human resources will need to process more paperwork.

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Cost of Stress on the U.S. Economy Is $300 Billion? Says Who?

Workplace Psychology

Citations to Dr. Goldin’s 2004 article will now to point to a PDF of the article [hosted on my own website] rather than to an invalid URL on the stats.org website. In addition, there would be a 5 percent need for overstaffing to compensate for associated problems. The quandary of job stress compensation. 2001) Newsletter.