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For most employers, wages are a major expense item, so their approach to compensation can dramatically impact the bottom line. An effective compensation strategy can reward behaviors that drive success and improve employee engagement, recruitment, and retention. This...
The Occupational Safety and Health Administration (OSHA) mandates that all employers who are required to maintain the OSHA 300 Log of Work-Related Injuries and Illnesses post a summary of the previous year’s log between February 1st and April 30th each year, even if...
Guest Blog by Verrill Dana Employee Benefits and Executive Compensation Group The attorneys in Verrill Dana’s Employee Benefits and Executive Compensation Group have a wide range of experience in all aspects of law governing employee benefit plans and executive...
The Internal Revenue Service has extended the deadline by 30 days for employers to distribute Affordable Care Act (ACA) health coverage reporting forms to employees. Employers required to offer health coverage under ACA (self-insured and employers with 50 or more...
Effective January 1, 2018, Maine’s minimum hourly wage increased to $10.00 per hour. The maximum tip credit and the minimum salary for employees exempt from minimum wage and overtime requirements also increased effective January 1. The direct service hourly wage for...