On Aug. 31, 2020, the DOL announced that the minimum wage rate for federal contractor employees will increase to $10.95 per hour on Jan. 1, 2021. This Legal Update video explains further while full text appears below. On Aug. 31, 2020, the U.S. Department of Labor (DOL) announced that the minimum wage rate for…
SIMA will be closed on Monday, September 7, in observance of the Labor Day Holiday. Your payroll must be processed by 12:00 pm a day earlier than normal to ensure timely processing. Is your pay date on Monday, September 7? There will be no direct deposits allowed on Monday, September 7, due to the Labor Day…
On Aug. 8, 2020, President Donald J. Trump ordered the U.S. Department of Treasury (the Department) to defer collecting certain payroll taxes from Sept. 1 to Dec. 31, 2020. Because the order is for a deferral, the unpaid taxes will need to be recouped at a later time, unless the Department can find an avenue…
The U.S. Department of Labor (DOL) has created an online tool to help workers determine whether they qualify for paid sick leave or expanded family and medical leave under the Families First Coronavirus Response Act (FFCRA). The tool works by posing a series of questions that help employees assess whether the paid leave provisions of…
As business closures increase due to the COVID-19 pandemic, employers are faced with questions about compensation and health benefit coverage for their employees. Government relief measures may provide compensation for businesses and individuals in certain situations. In other cases, existing rules on employee rights will apply. Paid leave may be required for some employees by…
Per the Virginia Employment Commission: “If you are a worker who has been totally or partially separated from your job due to Coronavirus, please note that no claim for unemployment insurance may be filed or processed until an actual lay off from employment has occurred, or until there has been an actual reduction in hours.…
This comprehensive glossary of human resource (HR) terms defines words and phrases frequently used by HR professionals. – A – Ability: A competence to perform an observable behavior or a behavior that results in an observable product. Action item: Specific activity initiated to achieve an objective. Adaptive device: Any tool that facilitates greater efficiency by…
The U.S. Department of Labor (DOL), announced a new final rule that clarifies how to calculate an employee’s regular wage rate under the Fair Labor Standards Act (FLSA). The final rule became effective on Jan. 15, 2020. Calculating the regular rate is an essential first step when determining an employee’s overtime compensation. Under the FLSA,…
On Jan. 7, 2020 the U.S. Department of Labor (DOL) issued two opinion letters that clarify how the Fair Labor Standards Act (FLSA) applies in specific situations. Opinion letters provide the DOL’s official opinion on how the law applies in specific situations. Employers that rely on opinion letters may be able to establish a “good…
Employers Must Begin Using the New Form Jan. 1 On Dec. 5, 2019, the Internal Revenue Service released an updated version of its W-4 form, also known as the “Employee’s Withholding Certificate.” Employers use IRS Form W-4 to determine each employee’s federal tax withholdings. The new form is intended to harmonize tax withholding declarations with…
