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Dear David: Comp Time to Reward Employees

Question: Can we use comp time with our employees? It depends. For non-exempt employees of a private employer, no. The Fair Labor Standards Act (FLSA) doesn’t permit private employers to offer compensatory time (“comp time”) in lieu of overtime pay.  You could offer time off to your exempt employees as a reward for working more than their

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Why You Should Investigate All Jobsite Accidents

OSHA encourages employers to investigate all accidents in which a worker was hurt, as well as close calls — sometimes called “near misses” — in which an individual might have been injured if the circumstances had been slightly different. The agency suggests using the term “incident investigation,” since nearly all accidents are preventable. Reasons to

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Businesses Look t­o Spare Workers Health Insurance Premium Hikes

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% this year and at a faster clip in 2024 as inflation hits medical costs. Employers said they are looking to manage growing group benefit costs without shifting costs to employees, as they realize that their staff are likely

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Workplace Smartphone Bans Grow to Reduce Accidents

Cell phones make our lives easier, but they can also be a distraction. More and more employers are banning cell phones in the workplace because they are distracting enough to be a serious safety issue for workers. The Digital Distraction & Workplace Safety study, issued by Screen Education, reported that survey 14% of employer respondents

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Long COVID Workers’ Comp Cases Can Linger, Adding to Costs

Workers’ compensation insurers are grappling with covering claims for workplace COVID-19 infections that develop into long COVID, as those claims may stay open for years in some cases. For companies in states that adopted laws requiring workers’ comp insurers to cover claims for employees who contracted COVID-19 in the workplace, a long-COVID claim can become

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Commercial Auto Insurance Rates Accelerate as Pressures Rise

Skyrocketing claims costs and higher accident rates are pressuring the commercial auto insurance market, as insurers impose increasingly larger rate hikes and more are pulling out of the market or restricting who they will cover. While rate increases have been the standard for nearly a decade, since 2022 hikes are growing larger — often in

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Prices Ease for Cyber Insurance

After two years of massive rate increases, cyber insurance market pricing has been softening and transitioning into a buyers’ market, according to a new report by Aon Plc. In 2021 and 2022, 100% rate increases for cyber liability insurers were common, but a number of factors are finally starting to drive rates lower. Experts recommend

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