Articles by Girish Anand

June 3, 2014
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Treasury, IRS Release Employer Reporting Requirements Under ACA

The Department of the Treasury and the Internal Revenue Service (IRS) have released final rules to implement the information-reporting provisions for insurers and certain employers under the Affordable Care Act (ACA) that take effect in 2015. “Today’s announcement is part of the administration’s effort to provide certainty and early guidance about major health policies s...
June 3, 2014
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Seattle Passes Historic $15-an-Hour Minimum Wage Ordinance

Despite reports that nearby SeaTac, which enacted a similar $15-an-hour minimum wage ordinance encumbered by subsequent job losses, reductions in hours, elimination of overtime and implementation of paid parking for employees, Seattle has passed its own historic minimum wage hike. Depending on the size of the business, the Emerald City's $15-an-hour mandate will be phased in over the ...
June 2, 2014
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Redefinition of Overtime Exemption Expected in November

The Spring Regulatory Agenda published recently by the Department of Labor (DOL) lists November 2014 as the issue date for proposed new regulations on overtime pay exemptions. Currently, under rules issued in 2005 employees in executive, administrative, professional, outside sales and computer positions earning a minimum of $455 a week can be classified as exempt employees, meaning their ...
May 29, 2014
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I2P2 Also Kicked Down the Road to ... Oblivion?

Yesterday, we reported that the Department of Labor (DOL) had delayed its long-contemplated and anticipated fiduciary rule to January of next year. In the same revised regulatory agenda, the department also delayed another long-heralded and anticipated program, the injury and illness prevention program (I2P2), seemingly past the time Barack Obama will still be in office. Long the pet of O...
May 28, 2014
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DOL Kicks the Fiduciary Definition Can Down the Election Road

Pressured by industry fears that its proposed fiduciary rule would limit public access to quality financial advice, the Department of Labor (DOL) has once again delayed its long-gestating redefinition of what constitutes a fiduciary. In its regulatory agenda published May 23 in the Federal Register, the DOL pushed back the definition from this August to January 2015, conveniently after th...
May 28, 2014
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Michigan Joins Growing Ranks of States Raising Their Minimum Wage Rates

Gov. Rick Snyder signed legislation last night to raise the minimum wage in Michigan over four years to $9.25 an hour, up from the current $7.40 an hour. The new minimum wage will thus be fully in force by 2018, and each year thereafter the rate will be raised either by the rate of inflation or by 3.5 percent, whichever is lower. "I commend my partners in the Legislature for find...
May 27, 2014
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IRS to Penalize Employers Who 'Pump and Dump' to Avoid ACA Mandate

In a question-and-answer posted on its website, the Internal Revenue Service (IRS) says it will fine employers $100 a day per employee if they pump up their workers' pay with extra cash and then dump them onto the Obamacare exchanges to buy their own health insurance. This "pump and dump" strategy is designed to make an end run around the employer shared responsibility provi...
May 27, 2014
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OSHA Launches Campaign to Prevent Heat-Related Illnesses

The Occupational Safety and Health Administration (OSHA) has launched its annual Campaign to Prevent Heat Illness in Outdoor Workers. For the fourth consecutive year, OSHA's campaign aims to raise awareness and educate workers and employers about the dangers of working in hot weather and provide resources and guidance to address these hazards. Workers at particular risk are those in outdo...
May 27, 2014
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Hawaii Raises Minimum Wage to $10.10 an Hour in Steps

Hawaii Gov. Neil Abercrombie has signed Senate Bill 2609, raising the state's minimum wage over four years to $10.10 an hour and upping the tip credit over two years. “A hardworking sector of our community has gone seven years without a raise,” Gov. Abercrombie said. “This legislation will raise Hawaii’s minimum wage from $7.25 to $10.10 an hour, providing our ...
May 22, 2014
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OSHA Chief Finds Way Around 30-Day Whistleblower Statute of Limitation

While hoping to get Congress to increase the 30-day statute of limitation for claims of whistleblower retaliation at work, OSHA administrator David Michaels has commenced a cooperative program with the National Labor Relations Board (NLRB) for concurrent claim filings. Yesterday, the NLRB's general counsel issued a memorandum announcing the new "claim referral program," wher...