Gig Economy 101 | Ohio Benefit Advisors
What is a Gig Economy? By Nicole Federico, eTekhnos Benefits Technology
2340 Detroit Ave, 3rd Floor Maumee, OH 43537 | Phone: 419-535-5502
What is a Gig Economy? By Nicole Federico, eTekhnos Benefits Technology
On December 1, 2016, the Department of Labor (DOL) will implement changes raising the minimum compensation for exempt employees to $47,476 annually. While salary is just half of a two-part equation that includes a duties test of essential job functions, scrutiny is under way to analyze compensation and find solutions to avoid conflict with the … Continued
Thousands of high school and college students are getting ready to participate in the time-honored tradition of summer internships and co-ops. According to the 2015 National Association of Colleges and Employers (NACE) survey, about 51.7 percent of interns and 37.8 percent of co-op participants got hired after their programs ended, which means that most internships lead … Continued
On May 18, 2016, the U.S. Department of Labor (DOL) announced the publication of a final rule amending the white collar overtime exemptions to the Fair Labor Standards Act (FLSA). The final rule, which will be published in the Federal Register on May 23, 2016, increases the threshold salary for the exemption to $913 per … Continued
By Linda Rowings Many employee benefit limits are automatically adjusted each year for inflation (this is often referred to as an “indexed” limit). The Internal Revenue Service and the Social Security Administration have released a number of indexed figures for 2015. Limits of particular interest to employers include the following. For health and Section 125 … Continued
2014 was an odd year in regards to minimum wage. Although Congress failed to pass any legislation regarding the federal minimum wage, nearly half the states had minimum wage increases that went into effect on January 1, 2015. In addition, at least 20 states will have minimum wage increases in 2016 (due to scheduled minimum … Continued