Your employee benefit plan might be hiding a problem. The payments made by your employees for optional insurance benefits might – without your knowledge – be used to subsidize or reduce your cost for other insurance benefits. If this problem is found during an audit by the Department of Labor (“DOL”), monetary penalties could be significant.
Tag: Department of Labor
When Are Unpaid Internships Legal & Right? Learn How Both Organization& Student Can Benefit
Internships are great avenues toward a career – they give you experience, training and an impressive block of text on your resume. Are these benefits really worth free labor from the student’s perspective, and is the free labor legal? Here’s what you need to know. According to the Fair Labor Standards Act (FLSA), there are six different circumstances under …Read More
Supreme Court Ruling On Spousal Rights Raises More Benefits Questions For Employers
Guidance Needed From Federal Agencies The Supreme Court’s decision in United States v. Windsor finding Section 3 of the Defense of Marriage Act (“DOMA”) unconstitutional has implications in many facets of law beyond domestic relations. That Section of DOMA defined “spouse” as “only a person of the opposite sex who is a husband or wife” …Read More