Monthly Archives: May 2009

CALCULATING BONUS OVERTIME WAGES

Many employers are freezing wages, telling employees that any additional pay will come in the form of a bonus if they or the company does well. A recent California decision (Marin v. Costco) serves as a reminder that paying a bonus to non-exempt employees can trigger additional overtime obligations. In Marin, several former employees, all… Read more »

COMP TIME VS. MAKE-UP TIME

Because many employers can find these two categories confusing, we decided to help clarify things. To begin with, comp time is basically illegal unless you’re a federal or state employer. Comp time allows you to work extra one week and then get the time off at a time-and-a-half rate the next week. Government employers who… Read more »

SWINE FLU AND YOU

The CDC states: Human cases of swine influenza A (H1N1) virus infection have been identified in the United States. An investigation and response effort surrounding the outbreak of swine flu is ongoing. What can you do? Learn about it by going to the CDC Web site. You might also want to share this information with… Read more »

DOL ADDRESSES IMPACT OF RESTRUCTURED WORK HOURS FOR EXEMPT EMPLOYEES

Many companies have instituted across-the-board salary reductions. Many of the same companies offer their employees reduced hours as well. This can be a trap with exempt employees. The DOL recently released opinion letters addressing short-term layoffs, mandatory time-off policies, and a reduction in work hours. In all three cases, the employer would allow use of… Read more »

ESSENTIAL JOB DESCRIPTION CLAUSES

It’s a good idea to take advantage of the O*NET Web site, which provides job descriptions for thousands of positions — and it’s free! In addition to the essential job duties identified by O*NET, you might also consider adding these items to your job descriptions: Being on time. (Yes, lawyers will argue that this is… Read more »

EDITOR’S COLUMN: THE WISDOM OF WARREN BUFFETT

Every year I look forward to the annual Berkshire Hathaway Annual Report. Not just because I own some of the stock, but because of the much anticipated letter from Warren Buffett that provides incredible insight with a good sense of humor to boot. For example, in this year’s letter Buffett stated that the recent economic… Read more »

REDUCE MEDICAL BILLS WITH THESE TEN TIPS

Word on the street is that health care reform is on the way, but medical costs are still phenomenally high at the moment. Health care spending in the U.S. reached a whopping $2.4 trillion in 2008, according to the National Coalition on Health Care. Unless you and your family members all happen to be incredibly… Read more »

HOW TO PINPOINT THE RIGHT AMOUNT OF LIFE INSURANCE

If you’ve purchased Life insurance to help protect your family in the event of your death, good for you. However, you probably shouldn’t pat yourself on the back just yet. Why not? Because unless you have the appropriate amount of Life insurance, your family isn’t fully covered. According to a 2008 study by LIMRA International,… Read more »

WILL YOUR INSURANCE OFFER ASSISTANCE IF YOU TAKE A MISSTEP ON FACEBOOK?

Social networking Web sites, such as MySpace, Facebook, and LinkedIn, are growing increasingly popular with young people and adults alike. These sites allow people to reconnect with old friends and colleagues and to make new connections. However, as with most other Web sites, these sites allow the posting of communications that the posters might come… Read more »