Proskauer's Employee Benefits & Executive Compensa

JUNE 7, 2023

For an in-depth discussion of the SEC’s final Dodd-Frank clawback rules and related practical considerations, please see this blog post. We also discuss the interaction of the SEC’s final Dodd-Frank clawback rules and the DOJ clawback guidance in this blog post and this Law360 Article.

Executive Compensation 110

Executive Compensation Employee Benefits 110

Qandle

DECEMBER 5, 2023

In this detailed blog post, we’ll explore the key components of payroll processing and how organizations can streamline this complex function. Understanding Payroll Processing: At its core, payroll processing involves calculating employee compensation, including salaries, wages, bonuses, and deductions.

Payroll 98

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Workers' Compensation

MAY 1, 2024

This analysis examines the rule's impact on workers and potential workers' compensation claims. This translates to fewer workers' compensation claims for such conditions. Workers' Compensation Claims: Fewer Claims: The number of claims related to methylene chloride exposure should significantly decrease with reduced exposure.

Workers’ Compensation 52

Workers’ Compensation Manufacturing Insurance Employment 52

Workers' Compensation

APRIL 2, 2024

However, it might also have a secondary benefit – reduced workers' compensation insurance costs. The Link Between WVPPs and Lower Costs The logic behind this potential benefit is twofold: Prevention: By identifying and mitigating workplace violence hazards, employers can reduce the number of violent incidents and the associated claims.

Workers’ Compensation 52

Workers’ Compensation Insurance Employment IT 52

Business Management Daily

APRIL 29, 2024

Most employees expect benefits. Fringe benefits are how employers make up the gap. Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary. People want more.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductions 84

Proskauer's Employee Benefits & Executive Compensa

NOVEMBER 30, 2023

The Securities and Exchange Commission adopted the final clawback rules under Dodd-Frank (the “ Final Rules ”) on October 26, 2022, and we discussed the detailed requirements of the Final Rules and related practical considerations in this earlier blog post. The Listing Manager can be accessed through this link.

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Executive Compensation Commissions Employee Benefits Management 59

Workers' Compensation

MARCH 29, 2024

Workers' compensation benefits may be reduced or denied if the employer can demonstrate another significant contributing factor to the illness. Lost wages: Compensation for a portion of lost wages while the worker is unable to work due to illness. Who is Most at Risk?

Workers’ Compensation 52

Workers’ Compensation Medical Manufacturing Food 52

Qandle

JULY 26, 2023

” In this blog, we will explore the significance of HCM, its key components, and how Qandle has become a trailblazer in the realm of human resource management. Compensation and Benefits: Fair and competitive compensation packages are crucial for attracting and retaining top talent.

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Management Human Resources Software Recruitment 98

WEX Inc.

OCTOBER 5, 2023

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.

Voluntary Benefits 98

Voluntary Benefits Life Insurance Health Insurance 98

WEX Inc.

AUGUST 29, 2023

Reasons can vary, which is why wide-ranging fertility benefits can also improve the lives of any adult wanting to start a family. What are fertility benefits? Fertility benefits provide support and financial assistance to individuals or couples seeking fertility treatments or services. An FSA will not cover long-term storage.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

McDermott Will & Emery Employee Benefits

NOVEMBER 30, 2022

The board’s executive compensation committee is the focus point for many of the extraordinary financial, economic and operating challenges currently facing healthcare organizations. Executive compensation increases are impacted by both an inflationary economy and significant revenue downturn.

Executive Compensation 81

Executive Compensation Healthcare Employee Benefits 81

Proskauer's Employee Benefits & Executive Compensa

DECEMBER 2, 2022

On the date that exchanges’ listing standards become effective all incentive-based compensation “received” (as defined in the Final Rules) by executive officers on or after this date must be subject to a compliant clawback policy. November 28, 2023 : Outside date for the exchanges’ listing standards to become effective.

Executive Compensation 109

Executive Compensation Commissions Employee Benefits 109

Workers' Compensation

SEPTEMBER 8, 2022

The New Jersey Department of Labor and Workforce Development (NJDOL) announced proposed increases in the maximum benefit rates for Workers’ Compensation for the calendar year 2023. New 2023 Rates In the new year, the maximum weekly benefit amount for new Workers’ Compensation claims rises to $1,099 , from $1065.

Workers’ Compensation 78

Workers’ Compensation Employment 78

Workers' Compensation

FEBRUARY 8, 2024

Legislation ( A3504 ) has been introduced to establish the Health Care Workers COVID-19 Supplemental Benefits Program in the Division of Workers' Compensation. DURATION 180 WEEKS The supplemental benefits do not commence until all benefits equal to the healthcare worker’s full salary have ended.

Healthcare 52

Healthcare Workers’ Compensation Salary Insurance 52

Workers' Compensation

MARCH 26, 2024

The New Jersey Superior Court, Appellate Division, ruled that a third-party lien can remain unresolved until the workers’ compensation claim is adjudicated. Joseph filed a workers’ compensation action against NJ Transit and a third-party action against the tortfeasor involved in the accident (the “underlying action”). NJ Transit).

Insurance Carriers 52

Insurance Carriers Workers’ Compensation Insurance Medical 52

Workers' Compensation

DECEMBER 16, 2023

Since the terminology is absent from the Workers’ Compensation Act, the court’s decision is not surprising. Defense counsel alleged the proposition to deny the payment of temporary disability benefits, where the injured employee was also attending college. Voluntary Departure, www.gelmans.com (12/16/2023). © 2023 Jon L Gelman.

Workers’ Compensation 52

Workers’ Compensation Medical IT 52

Workers' Compensation

DECEMBER 14, 2023

In most instances, the sole remedy for a worker injured at work is Workers’ Compensation Act [WCA] benefits. Even if the employer fails to obtain workers’ compensation insurance, the employee remains limited to those remedies provided under the WCA. HEUMAN, NJ: Appellate Div. 2023, Decided December 11, 2023.

Workers’ Compensation 52

Workers’ Compensation Benefit Providers Insurance Medical 52

Workers' Compensation

APRIL 3, 2024

Unlike the NJ workers' compensation claims, there is no cap on punitive damages available for claims under the NJ Law Against Discrimination. LAD Remedy vs. Punitive Damages The LAD prohibits discrimination in the workplace based on protected characteristics. Judge Currier, P.J.A.D., Pritchett , slip op. at 79 (emphasis added). at 431, 828 A.2d

Family and Medical Leave Act 52

Family and Medical Leave Act Workers’ Compensation Medical Management 52

WEX Inc.

AUGUST 23, 2023

Voluntary benefits give employees the opportunity to further customize their benefits package to meet their personal needs. And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Why are some examples of voluntary benefits?

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

Workers' Compensation

MARCH 26, 2024

The NJ Appellate Division held that an emergency police dispatcher who was injured in a car accident while returning to work from a lunch break was not entitled to workers' compensation benefits. Key Facts Latshaw was employed by the Lakewood Township Police Department. Superior Court of New Jersey, Appellate Division. ORDER NOW. *

Employment 52

Employment Workers’ Compensation IT 52

Qandle

DECEMBER 5, 2023

In this blog post, we’ll delve into the key aspects of SHRM and its significance in fostering a thriving workplace. Moreover, SHRM involves creating a positive work environment, implementing employee development programs, and offering competitive compensation to retain valuable employees. Looking for the Best HR Software ?

Management 98

Management Human Resources Health Software 98

PeopleKeep

MARCH 25, 2022

Given today’s tight labor market, quality compensation packages are becoming more crucial to an organization’s success. Strong employee benefits and perks keep workers happy and less likely to send their resumes to your competition. Employee benefits come in many forms.

Employee Benefits 97

Employee Benefits Management Health Insurance Insurance 97

Workers' Compensation

APRIL 6, 2024

Workers' compensation benefits have been awarded in New Jersey to casino workers who suffered an occupational illness as a result of secondhand smoke. Gelman of Wayne, NJ, is the author of NJ Workers’ Compensation Law (West-Thomson-Reuters) and co-author of the national treatise Modern Workers’ Compensation Law (West-Thomson-Reuters).

Workers’ Compensation 52

Workers’ Compensation IT 52

McDermott Will & Emery Employee Benefits

JUNE 30, 2023

Retirement plans often apply (and in some cases are required to use) multiple definitions of wages or compensation for various plan purposes. Given this complexity, failures to follow a plan’s definition of compensation are one of the most common issues experienced by retirement plan sponsors. Unfortunately, as drafted, the SECURE 2.0

Retirement Plan 65

Retirement Plan Employment Employee Benefits 65

Workers' Compensation

SEPTEMBER 7, 2023

An injured Amazon fulfillment center worker brought an action against Amazon.com Service LLC [AMAZON] for acts of its Third-Party Administration (TPA), Sedgwick CMA-Philadelphia [SEDGWICK], among other allegations, in interfering with the authorized workers’ compensation physician. Amazon also filed a Motion to Dismiss the claims.

Workers’ Compensation 64

Workers’ Compensation Medical IT 64

WEX Inc.

AUGUST 14, 2023

Read our blog posts on grace periods and run-out periods for the rest of the series. 59% of plans on the WEX benefits platform have a carryover. 59% of plans on the WEX benefits platform have a carryover. For more benchmarking data on your benefits, check out the WEX benefit trends page.

Flexible Spending Account 98

Flexible Spending Account IT Flexible Spending Taxes 98

WEX Inc.

APRIL 25, 2024

High-deductible health plans (HDHPs) have become increasingly popular over the last few years by offering unique features and benefits that appeal to many individuals and families. Lower premiums Opting for a high deductible in an HDHP comes with the benefit of reduced monthly premiums. Who might benefit from an HDHP?

Health Savings Account 52

Health Savings Account Deductions Deductible Out of Pocket Cost 52

WEX Inc.

AUGUST 10, 2023

For more insights about HSAs or FSAs, subscribe to our blog or check out our eligible expense list. Or watch our Benefits Buzz podcast episodes below to learn more about the basics of an HSA and medical FSA. HSA Medical FSA This blog post was originally published in August 2022 and most recently updated in August 2023.

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

WEX Inc.

MAY 8, 2024

From the rising costs of healthcare and benefits packages to retaining and recruiting to helping employees understand their benefits to the ever-changing regulatory landscape, HR teams face many challenges that present obstacles to organizational success. It’s all about benefits choice and customization.

Health Savings Account 52

Health Savings Account Benefits Package Healthcare Voluntary Benefits 52

WEX Inc.

SEPTEMBER 25, 2023

While much of the work in the last months has been focused on rate renewals and designing your benefit offerings, the focus must now shift to the open enrollment communication plan. Why don’t employees understand their benefits? Benefits can be complicated and for some the options overwhelming.

Voluntary Benefits 98

Voluntary Benefits Health Savings Account PTO Retirement Plan 98

WEX Inc.

OCTOBER 31, 2023

Keep reading as we take you through the essential tasks and considerations you need to address after the enrollment period ends, ensuring that your employees are ready to take full advantage of their benefits choices next year and you are positioned for successful future open enrollment seasons.

Taxes 94

Taxes Education Consulting Employment 94

McDermott Will & Emery Employee Benefits

MARCH 9, 2023

This case turned on an interpretation of the FLSA […] The post US Supreme Court Rules Highly Compensated Employee Is Not Exempt from Overtime appeared first on EMPLOYEE BENEFITS BLOG.

Overtime 82

Overtime Employee Benefits Employment 82

WEX Inc.

AUGUST 15, 2023

Whether you're transitioning from your parents' insurance, landed your first full-time job, or are simply obtaining coverage for the first time, choosing health plans and employee benefits options can be overwhelming. Determine desired benefits Identifying the benefits you value most is another crucial aspect of selecting a health plan.

Deductions 98

Deductions Deductible Healthcare Flexible Spending Account 98

WEX Inc.

AUGUST 2, 2023

Whether you’re a newcomer to the account or have routinely participated in this benefits staple, we’ve compiled answers to some common questions to help you better understand your FSA. Or check out this episode of Benefits Buzz to learn eight things you should know about medical FSAs. What types of FSAs are there?

Flexible Spending Account 98

Flexible Spending Account Deductions Deductible Health 98

McDermott Will & Emery Employee Benefits

FEBRUARY 3, 2022

As cryptocurrencies gain popularity, employers are considering how they can be used as part of compensation arrangements and benefit plans to attract and retain talent. The post Cryptocurrency for Employee Benefits Lawyers: What You Need to Know appeared first on EMPLOYEE BENEFITS BLOG.

Employee Benefits 83

Employee Benefits 401(k) Employment Mining 83

WEX Inc.

AUGUST 7, 2023

We have some data from the WEX benefits platform below. Check out our benefit trends page for more benchmarking data! WEX receives compensation from some of the merchants identified in its blog posts. The information in this blog post is for educational purposes only. How’s your sunscreen stock?

Flexible Spending Account 98

Flexible Spending Account Health Savings Account Flexible Spending Medical 98

Workers' Compensation

DECEMBER 10, 2021

While the Federal expanded benefits are ending for many workers on Labor Day, Workers’ Compensation Benefits are still available for those workers who have been exposed to COVID at work and contract disease and remain ill from Long COVID. DOI: [link] "In a sample of U.S. Some long-term residuals have been named “Long COVID.”

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