Wednesday, 18 May 2016 14:20

New FLSA Rule Finally Announced

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The Department of Labor (DOL) released its final regulation governing overtime exemptions for the Fair Labor Standards Act (FLSA). The new rule affects most employers that have salaried employees with a new threshold of $913 a week for an annual wage of $47,476 per year. If your salaried employees make less than this then you need to track hours and pay any overtime worked during that week. Please see our recent blog that will give you some additional info on the changes.

 

 A couple of the main points from this law are:

 1.       New salary threshold changed to $913 per week and $47,476 annual.

2.       Threshold increases every 3 years and will be indexed to the 40th percentile in lowest wage census region.

3.       Salary Duties test Unchanged

4.       Effective December 1, 2016

5.       Highly Compensated Employee (HCE) exemption is now $134,004 per year

 

For more information, you can review the DOL’s article on this update.

 

StaffScapes will be working with it clients over the coming weeks to educate and plan for the changes that go into effect on December 1, 2016. If you have questions please call StaffScapes at 303-466-7864 and we can address any concerns you have. 

 

Tuesday, 10 May 2016 14:11

Responding to Unemployment Claims

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Did your business receive a state unemployment insurance (SUI) claim? When an employee files an unemployment claim, state agencies where the employee resides will request former employers provide more information. Your business must respond promptly, but the claims process can be confusing and time-consuming for many small businesses.

Wednesday, 04 May 2016 10:06

Boosting Morale Through Employee Wellness

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In a 2015 survey by the Society for Human Resource Management, 76 percent of survey respondents currently offer employee wellness programs. Companies that lead this trend came from Silicon Valley, but many employers across the country now offer or plan to offer corporate wellness programs to help boost morale, reduce healthcare burdens to the employer, and to increase work productivity. Employee wellness programs will also become more of a standard benefit as employers look to attract and retain top talent. Here are some of the top wellness programs offered by the most competitive companies.

Tuesday, 12 April 2016 09:06

4 Changes to the Affordable Care Act

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The Affordable Care Act (ACA) is seeing a handful of changes this year. Some areas, like the automatic enrollment policy, were simplified for employers. Other line items will be tied to increased penalties. The good news is that there are fewer changes compared to previous years, so it’s easier to keep up with these shifts. Here are the top four to remember.

Friday, 01 April 2016 13:31

HR Compliance: Small Business Challenges

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Did you know 98% of businesses in Colorado have less than 100 employees? In fact, according to the Small Business Administration of Colorado, 86% have less than 20 employees. Though small businesses are the bread and butter of our state’s economy, these small business owners often do not have the capacity to understand HR compliance policies and procedures. Here are the top challenges small business owners face in their HR administration.

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