Labor Dept. clarifies employee vs. independent contractor rule

Classifying employees or independent contractors has become more muddled during the Covid-19 crisis that has only increased the reliance on gig economy workers. In an attempt to bring clarity, the Labor Department finalized its rule earlier this month for determining whether a worker is considered an employee or an independent contractor. U.S. Secretary of Labor […]
Final OT Regs Released by DOL, Effective December 2016
We recently received an email update from our colleague Tony Wilson, a Principal with NFP, informing us about the release of the DOL’s final overtime regulations that will take effect on December 1, 2016. If you have any questions about how the information provided by Tony below may affect your business, reach out to Amy […]
Holiday bonus reminders
Many employers offer their employees bonuses and extra time off for the year-end holidays. Here are a couple reminders to keep in mind during this season: End-of-year or holiday bonuses should be included in payroll and reported as taxable compensation. The Fair Labor Standards Act doesn’t mandate that employees be paid for holidays. However, if […]