Reclassifying Employees as Part-time
Question Business has slowed and we’re cutting back the hours of some employees. Do I need to reclassify them as part-time if they’re working fewer than 40 hours per week?...
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Ask the Advisor: Can We Reduce Pay Because of an Economic Slowdown Due to COVID-19?
Question: Can we reduce pay because of an economic slowdown due to COVID-19? Answer: You can reduce an employee’s rate of pay based on business or economic slowdown, provided that...
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Considering a Student Loan Repayment Benefit? Ask Yourself These Questions
With the drastic rise in post-graduation student loan debt ($1.56 trillion total in 2019), more employers are jumping on the bandwagon of offering student loan repayment benefits to attract top...
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CMS Disclosure Requirement for Employer Health Plans – 2020
Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every...
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Medical Loss Ratio (MLR) Rebates
Are you an employer that is receiving a rebate check from your group medical insurance carrier? September 30 is the deadline for insurers to issue rebates, if required, under the...
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