As cash flow and decreased revenue concerns rise, many safe harbor 401(k) plan sponsors looked to suspend employer contributions, weighing the consequences of such suspensions. Source: […]
The Setting Every Community Up for Retirement Enhancement (SECURE) Act requires sponsors of 401(k) plans to allow long-term. part-time employees to make elective contributions. But tracking […]
Employers have started to use smartphone apps that give workers immediate access to their earned pay. Now, there are signs that their use has surged during […]
On June 4, 2020, Congress passed the Paycheck Protection Flexibility Act of 2020 and improved the Paycheck Protection Program (PPP) for small-business loans. The bill attempts […]
The U.S. economy surprisingly gained 2.5 million jobs in May, and the unemployment rate fell to 13.3 percent from 14.7 percent in April, according to the […]
A former store manager for T‑Mobile USA was entitled to $1.5 million in punitive damages in his retaliation lawsuit, a California appeals court ruled. The district […]
Employers must investigate whether workers with COVID-19 contracted it at work, but determining that is difficult because the virus is so widespread. One option employers have […]
Startups are what the name suggests, starting an enterprise from scratch. If you are planning to strike off on a journey of entrepreneurship, then you should […]