A Review of the Requirements for SCA & ACA

One KPI You Should Be Tracking! Now that the first quarter is almost over, it is time to focus on how the strategic goals set for 2017 are tracking to last year's results. Organizations spend an immense amount of time and resources tracking revenue and retention of clients, as well as the value of each client in terms of spending. Since payroll is the largest controllable expense on almost every company’s P&L, why then aren’t more leaders also tracking the value of their employees?

On Wednesday, March 1, the Department of Labor (DOL) proposed a 60-day delay of the applicability date (currently April 10) of the Fiduciary Rule, which would also include a delay to the Prohibited Transaction Exemptions, specifically the Best Interest Contract Exemption. The DOL has listed two comment periods: a 15-day comment period on the proposed 60-day delay and a 45-day comment period applicable to the concerns expressed in the Feb.3 Presidential Memorandum directing the DOL to review the rule.

On February 14, 2017, the Mayor of The District of Columbia, Muriel Bowser, did not veto The DC Universal Paid Leave Amendment Act of 2016 and allowed the bill to pass without her signature. The Washington Business Journal reports, "in a letter to Council Chairman Phil Mendelson on Wednesday, Bowser wrote that she supports paid family leave but still holds concerns the bill approved by the D.C. Council is too expensive and would burden local businesses." So, what does this mean for employers in the District?

As HR consultants, we are all too familiar with the Form I-9 and the requirement of all US employers to complete and maintain a form for each employee hired into their organization. Yet, in many organizations when we conduct an HR compliance audit, we find there to be some level of non-compliance with the Form I-9. Why is that? I believe it’s because of a general lack of understanding of the many nuances involved in completing the form.

Mitigate Risk with an FLSA Audit December 1st has come and gone, and like many others, you may be relieved that businesses did not have to comply with the Department of Labor’s Final Rule on FLSA White Collar Exemptions because of the Injunction issued on November 22nd by a Federal Judge in Texas. However, with this recent injunction, it does not mean your business is in the clear from having to comply with the Final Rule. An appeal has been filed by the Department of Labor (DOL) with the U.S. Circuit Court of Appeals for the Fifth District, and the court has already decided in favor of an expedited review of the appeal.