DOL Issues Final Rule Requiring Paid Sick Leave for Some Federal Contractor Employees | VA Employee Benefits

Affirmative Action Alert, October 3, 2016 On Friday, the U.S. Department of Labor published its Final Rule to implement Executive Order 13706, Establishing Paid Sick Leave for Federal Contractors. President Obama issued the Executive Order on Labor Day 2015, and the Department of Labor issued a proposed rule in February 2016. After receiving more than 35,000 comments, the DOL made … Continued

Tips for Preparing Form 5500 | Virginia Employee Benefits

This week many employers and their advisors are putting final touches on their Form 5500, the annual report required for most employee benefit plans. Form 5500 must be filed with the federal government within seven months after the end of the plan year. For calendar-year plans, that means the plan’s 2015 Form 5500 is due … Continued

Does the FLSA Final Rule Apply to All Overtime Exemptions? | VA Employee Benefits

Most of the attention with the recently-released Fair Labor Standards Act (FLSA) final rule for “white collar” overtime exemption focused on the change in the salary threshold for positions related to administrative, professional and executive exemptions. But what about the other FLSA job categories, such as salespeople or computer professionals, to name a few? Does … Continued