The Labor Department has clarified overtime pay calculation and related benefits stipulations with a final rule under the Fair Labor Standards Act. The rule, which will take effect on Jan. 12, dictates how employer benefits may be excluded for nonexempt employees and helps employers determine when bonuses are discretionary.
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Employees should think twice about signing noncompete agreements, because these might restrict workers' options and let employers limit wage increases. Between 27.8% and 46.5% of private-sector workers are under noncompete agreements, a study shows.
Executive remuneration and ESG Are companies incorporating ESG factors into executive remuneration? FTI & CGLytics have conducted an analysis to determine whether ESG and executive remuneration are increasingly converging. Read the full report here.
Employers can be proactive in helping reduce employees' holiday-related stress by offering flexible working arrangements, holiday meals or get-togethers that promote social well-being, and wellness pots that allow people to choose how they spend a wellness allowance, writes Matt Jackson of Thomsons Online Benefits. "During this stressful time of year, companies offering wellness pots to support employees' mental and physical well-being are automatically ahead of the curve," Jackson writes.
The National Labor Relations Board has provided guidance in recent months addressing the permissibility of certain employee handbook rules. Attorneys from Fisher Phillips discuss how the board has treated rules relating to email use, payroll information and other factors.
