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California’s workers’ compensation statistical agency will recommend that benchmark rates be reduced by an average of 12.2% for policies incepting at the start of next year. The rate filing is actually for a 0.8% reduction, but that comes after benchmark rates were cut 10.2% on July 1, so that’s why the average rate reduction for
As more employers are moving their workers into consumer-driven health plans (CDHPs), a new study has found that many employees don’t understand how such plans and their moving parts work. The report found that there is widespread misunderstanding among enrollees in CDHPs about the health savings accounts (HSAs) or flexible spending accounts attached to those
Fraud eats away at workers’ comp costs for all businesses, but it hits small businesses the hardest as they may not have the resources to identify bogus claims. According to a new study by workers’ comp insurer Employers Holdings Inc., about 20% of small-business owners are not sufficiently prepared to identify workers’ compensation fraud. It’s
A federal appeals court recently ruled that telecommuting is a reasonable accommodation for disabled workers, but employers do not have to honor such requests if they have business or strategic reasons for not permitting such arrangements. The April 2015 decision by the U.S. Sixth Circuit Court of Appeals in the EEOC v. Ford Motor Co.
A federal appeals court recently ruled that telecommuting is a reasonable accommodation for disabled workers, but employers do not have to honor such requests if they have business or strategic reasons for not permitting such arrangements. The April 2015 decision by the U.S. Sixth Circuit Court of Appeals in the EEOC v. Ford Motor Co.
By now, most business owners know about the yearly $2,000 per-employee fine they would face for not securing health coverage for their employees under the Affordable Care Act. But there is even a larger fine that threatens under recent regulations issued by the IRS – and it’s not for failing to secure coverage. It’s for
By now, most business owners know about the yearly $2,000 per-employee fine they would face for not securing health coverage for their employees under the Affordable Care Act. But there is even a larger fine that threatens under recent regulations issued by the IRS – and it’s not for failing to secure coverage. It’s for
As cloud data storage becomes more ubiquitous, you may be considering migrating many of your company’s storage functions to a cloud service. Going with cloud storage can save you money in terms of data storage and hardware, but there are also issues you need to consider, particularly: Accessibility Dealing with data loss and recovery Escrow
Less than two weeks after it took effect, California’s paid sick leave law has been changed with important amendments that affect most employers in the state. The new changes took effect immediately upon Gov. Jerry Brown signing the fixer legislation to last year’s Healthy Families Act of 2014. The new law gives employers some new
On July 15, the U.S. Department of Labor (DOL) issued an administrator’s interpretation regarding the application of the Fair Labor Standards Act with respect to the misclassification of workers as independent contractors. The new interpretation is required reading for any business that uses independent contractors to any degree – often or seldom. It’s also important
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