McDermott Will & Emery Employee Benefits

JUNE 4, 2024

On April 23, 2024, in a move that will have significant ramifications for employment contracts and intellectual property (IP) rights, the Federal Trade Commission (FTC) issued a rule banning all future noncompete agreements nationwide with limited exceptions.

Commissions 105

Commissions Employee Benefits Employment IT 105

Money Talk

FEBRUARY 15, 2024

Examples include salary, wage, commission, bonus, and tip income, rents and royalties, interest, and required minimum distribution (RMD) withdrawals from tax-deferred retirement savings accounts (e.g., If someone is in the 22% tax bracket, portions of their income are taxed at 10%, 12%, and 22%. 401(k)s, 403(b)s, and traditional IRAs).

Taxes 185

Taxes 401(k) Commissions Bonuses 185

McDermott Will & Emery Employee Benefits

APRIL 24, 2024

Access the […] The post 2024 Chart of Healthcare Regulations appeared first on EMPLOYEE BENEFITS BLOG. During this election year, McDermottPlus is actively monitoring annual regulations that federal agencies are expected to release, as well as “ad hoc” regulations that will be released at the discretion of federal agencies.

Healthcare 86

Healthcare Employee Benefits Health and Welfare Commissions 86

McDermott Will & Emery Employee Benefits

JUNE 26, 2024

On April 26, 2024, the Federal Trade Commission (FTC) issued a final rule to amend its Health Breach Notification Rule (HBN Rule). The HBN Rule works as a compliment and counterpart to the breach notification requirements established under the Health Insurance Portability and Accountability Act (HIPAA) for HIPAA-regulated entities.

Commissions 98

Commissions Health Insurance Insurance Employee Benefits 98

HR Digest

AUGUST 22, 2024

Federal Trade Commission announced a ban on non-compete agreements across the U.S. on April 23, 2024, and the ban was expected to go into effect on September 4, 2024. According to the ruling, the FTC has exceeded its authority by attempting to ban non-competes nationwide and its enforcement has now been effectively overturned.

Government 52

Government Commissions Taxes Employment 52

Employee Benefits

APRIL 12, 2024

between 5 – 11 April 2024 were: Three and Superdrug shortlisted for Best benefits to support diversity, equity and inclusion Roadchef rolls out payroll and financial support for UK employees Crawford and Company launches carers’ policy and framework Princes introduces enhanced carers’ leave for UK employees Burberry reports 26.7%

Commissions 59

Commissions Consulting Payroll Employee Benefits 59

InterWest Insurance Services

MAY 14, 2024

The Federal Trade Commission on April 23 approved a new rule that bans employers from requiring new employees to sign non-compete agreements. The rule will take effect in August 2024, after the commission voted 3-2 to approve it.

Commissions 98

Commissions Human Resources Consulting Employment 98

HR Digest

JUNE 22, 2024

Greece’s six-day workweek will go into effect on July 1, 2024, which leaves workers and unions with little time to protest its adoption now that the work climate is about to change drastically soon enough. This particular condition has been added in to deter union activists from getting in the way of work.

Banking 109

Banking Government Commissions Human Resources 109

Florida Workers' Comp

MAY 12, 2024

Judges in Florida are subject to a process of discipline that includes the Judicial Qualifications Commission or JQC. Complaints can be lodged there and the Commission is charged with investigation and recommendation. May 9, 2024). The Commission concluded that the judge was "counseled repeatedly without result.”

Commissions 104

Commissions Workers’ Compensation IT Management 104

HR Digest

JUNE 6, 2024

Microsoft’s tally of job cuts in 2024 is going up as the company announces plans to lay off employees from their mixed reality department. Over 1,000 employees will be included in the Microsoft job cuts in 2024, and there are no indications that the company plans to rehire to fill in those positions for now.

Commissions 52

Commissions Engineering Technology IT 52

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 2, 2022

On November 28, 2022, the Securities and Exchange Commission (the “SEC”) published the final clawback rules (the “Final Rules”) under the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) in the Federal Register.

Executive Compensation 109

Executive Compensation Commissions Employee Benefits 109

Florida Workers' Comp

JUNE 30, 2024

In May 2024 an Atlanta area probate judge gained notoriety with a decision by the Georgia judicial discipline system recommending her removal from office. See She Must Go (May 2024). The Atlanta Constitution said the commission concluded the judge was "a lying, impetuous bully who was not good at her job."

Commissions 80

Commissions Management IT 80

InterWest Insurance Services

JULY 11, 2024

The new rule, which takes effect September 2024, bars employers from providing advice to their workers on how they should invest the funds in the HSA they offer. The Department of Labor’s new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts.

401(k) 98

401(k) Health Savings Account Employment Commissions 98

McDermott Will & Emery Employee Benefits

JULY 31, 2024

This post covers a recent Federal Trade Commission report on anticompetitive behaviors by pharmacy benefit managers as well as recent Senate hearings on medical debt and […]

Commissions 52

Commissions Health Insurance Healthcare Medical 52

Florida Workers' Comp

MAY 14, 2024

An intriguing story started last November when a Douglas County Probate Court Judge was before a Judicial Qualifications Commission in Georgia. Fox5 Atlanta reported last summer that she faced "40 allegations of alleged judicial misconduct," after ten others had been dropped by the Commission because "some did take place before.her candidacy."

Commissions 80

Commissions Media Education Employment 80

Employee Benefits

NOVEMBER 17, 2022

In his autumn budget address to the House of Commons, Chancellor of the exchequer Jeremy Hunt (pictured) stated that he had accepted recommendations made by the Low Pay Commission to increase the national living wage to £10.42 Autumn budget 2022: The government has agreed to raise the national living wage by 9.7% from April 2023.

Government 105

Government Commissions Consulting Payroll 105

COMPackage

OCTOBER 14, 2024

Incentive Compensation: Any bonuses, commissions, or other performance-based pay. Understanding the Total Compensation Statement A TCS is a detailed document that breaks down an employee’s compensation package into its various components. It typically includes: Base Salary or Wages: The employee’s hourly or annual pay rate.

401(k) 40

401(k) Retirement Plan Incentive Compensation Life Insurance 40

Workplace Insight

APRIL 7, 2024

Recent guidelines issued by the Equality and Human Rights Commission (EHRC) aim to simplify employers’ legal obligations to support workers going through menopause. To be a truly inclusive employer in 2024, understanding the impact of menopause and perimenopause on the workforce is essential.

Employment 110

Employment Commissions Management IT 110

HR Digest

FEBRUARY 26, 2024

Another aspect of the changes at Expedia Group appears to be the news that Peter Kim will soon be stepping down from his role as CEO by May 13, 2024. We’re still hoping we see the layoff trend start to taper off for 2024, but it seems unlikely to slow down just yet.

Technology 105

Technology Commissions Taxes IT 105

InterWest Insurance Services

JUNE 20, 2023

1, 2024 will have 30 days from their formation to file reports. Exemptions Businesses that are exempt from the reporting requirements include: Issuers registered with the Securities and Exchange Commission. 1, 2024 will have 30 days to file reports after their formation. Starting Jan. Inactive companies.

Banking 87

Banking Utilities Commissions Insurance 87

McDermott Will & Emery Employee Benefits

JUNE 12, 2024

Readers may be familiar with the Federal Trade Commission’s latest noncompete rule, which goes into effect on September 4, 2024. The state of Washington has placed additional restrictions on the use of noncompetition agreements. Read more here.

Employee Benefits 105

Employee Benefits Commissions Employment 105

The Workcomp Writer

AUGUST 19, 2024

In a decision that emphasizes the binding nature of unappealed workers’ compensation commission or board rulings, the Court of Appeals of Virginia recently affirmed the state Commission’s application of res judicata in a dispute over mileage reimbursement for medical treatment [ Edelblute’s Service Center v. Edelblute , 2024 Va.

Commissions 52

Commissions Workers’ Compensation Medical Employment 52

The Workcomp Writer

JULY 10, 2024

The Court of Appeals of Virginia recently affirmed a finding by the state’s Workers’ Compensation Commission that a thoracic aortic aneurysm (TAA) qualifies as “heart disease” under Va. Moore , 2024 Va. LEXIS 385 (July 9, 2024)]. LEXIS 385 (July 9, 2024)]. It had done so in the instant case.

Commissions 52

Commissions Workers’ Compensation Medical Employment 52

HR Digest

DECEMBER 27, 2023

Employment Law Non-compete Clause Earlier this year, the Federal Trade Commission proposed an employment law regarding the non-compete clause, proposing to ban its use across the country. According to Bloomberg Law, the FTC will vote on the rule in April 2024.

Employment 105

Employment Commissions Government Salary 105

Florida Workers' Comp

JUNE 23, 2024

Most recently there was She Must Go (May 2024). The Commission concluded its efforts with findings of "systemic incompetence" "abuse" "inappropriate" and "failure to perform." The Commission recommended that she be removed from the bench. Both the Commission report and Losing an election are undoubtedly stressful.

Commissions 80

Commissions Government IT 80

InterWest Insurance Services

JANUARY 12, 2024

Some 15% of the businesses surveyed were considering adding this type of offering in 2024 or 2025, the professional services company found. In March 2023, the Federal Trade Commission reached an $8 million settlement with BetterHelp, an app counseling service, over allegations that it shared user data with advertising partners.

Employment 95

Employment Voluntary Benefits Commissions Benefits Package 95

BerniePortal

APRIL 16, 2024

On April 15, 2024, the U.S. Equal Employment Opportunity Commission (EEOC) issued a final rule on The Pregnant Workers Fairness Act (PWFA).

Commissions 52

Commissions Employment 52

Employee Benefits

AUGUST 1, 2024

Defence and security technology firm Ultra Electronics and Norchem Healthcare have been named as some of the employers that have missed deadlines to report their 2023-2024 gender pay gap data. The EHRC can seek a court order to impose an unlimited fine if organisations do not report the data.

Commissions 59

Commissions Employment Electronics Healthcare 59

The Workcomp Writer

AUGUST 26, 2024

Labor Comm’n & Lowe’s , 2024 UT App 119, 2024 Utah App. LEXIS 125 (August 22, 2024)]. In a previous appeal, the Court of Appeals had determined that Ackley’s fall was idiopathic and remanded the case for the Commission to determine if work conditions increased her risk of injury.

Workers’ Compensation 52

Workers’ Compensation Commissions Utilities Employment 52

Workers' Compensation

JUNE 8, 2024

The decision by the Occupational Safety and Health Review Commission on April 23, 2024, agreed with the citation issued by the Department of Labor's Occupational Safety and Health Administration for violating the general duty clause and its proposed $14,502 penalty, the maximum amount allowed at the time of the citation. ORDER NOW. *

Workers’ Compensation 52

Workers’ Compensation Commissions Hospitality IT 52

Proskauer's Employee Benefits & Executive Compensa

JANUARY 30, 2023

These changes are effective for plan years beginning after December 31, 2024. CITs are generally exempt from the requirements of the Investment Company Act of 1940 (the “‘40 Act”), a disclosure law that requires certain investment companies to register with the Securities and Exchange Commission.

401(k) 111

401(k) Taxes Retirement Plan Commissions 111

The Workcomp Writer

APRIL 8, 2024

Comm’n , 2024 IL App (1st) 230609WC, 2024 Ill. Commission Reverses The Commission unanimously reversed, finding that the claimant sustained an accident that arose out of and in the course of his employment with Cicero and that the claimant’s current condition of ill-being was causally related to that accident. LEXIS 819].

Commissions 52

Commissions Workers’ Compensation Employment IT 52

The Workcomp Writer

JULY 22, 2024

Comm’n , 2024 IL App (1st) 221878WC, 2024 Ill. LEXIS 1685 (July 19, 2024)]. The Illinois Workers’ Compensation Commission denied the claim, finding that the son failed to prove the injury arose out of and in the course of employment and that there was no causal relationship between the work activities and Cronk’s death.

Construction 52

Construction Workers’ Compensation Commissions Medical 52

The Workcomp Writer

JULY 29, 2024

Tidwell , 2024 Alas. LEXIS 77 (July 26, 2024), the Court addressed a case where Samuel Amos was injured while working on a shop construction project for David Tidwell.

Employment 52

Employment Workers’ Compensation Commissions Construction 52

The Workcomp Writer

MARCH 4, 2024

28, 2024)]. Ultimately, the Arkansas Commission approved a settlement agreement between Ward, the agency, and the agency’s workers’ compensation carrier. The Commission concluded, therefore, that Ward was a dual employee. Commerce Constr. Ward then filed a civil action against Commerce. Ward appealed. 310 Ark 756, 840 S.W.2d

Construction 52

Construction Commissions Workers’ Compensation Utilities 52

HR Digest

DECEMBER 12, 2023

The saga of Hasbro layoffs is all set to continue into 2024 as the company announces additional jobs cuts as a response to weak sales this year. The Hasbro job cuts appear geared to slash off nearly 15 percent of its current workforce, indicating that 900 employees will now have to look for work. The cycle is hard to break out of.

Entertainment 98

Entertainment Commissions Retail Media 98

The Workcomp Writer

JULY 8, 2024

Butterball, LLC , 2024 N.C. LEXIS 565 (July 2, 2024)]. Butterball moved to dismiss, arguing the state’s Industrial Commission had exclusive jurisdiction under the Act. Accordingly, the employee’s tort action against her employer was not barred by the exclusive remedy doctrine. The appellate court affirmed.

Employment 52

Employment Workers’ Compensation Commissions IT 52