After an employee leaves to work for a competitor or starts a competing business, an employer will sometimes find out that this individual used the last days of computer access to download or email to him or herself confidential information from the employer’s network. Indeed, this former employee may have […]
Labor & Employment Law Update
Update: DOL Withdraws Trump Administration’s Independent Contractor Rule
In a not-so-shocking turn of events, the Department of Labor (DOL) announced that, effective May 6, 2021, it would rescind the employer-friendly Independent Contractor Final Rule issued right before President Trump left office. Two articles discussing the Trump Administration’s rule in more detail may be found here and here. The […]
2022 HSA and HDHP Cost-of-Living Adjustments Announced
The IRS has announced the 2022 cost-of-living adjustments for health savings accounts (HSAs) and high-deductible health plans (HDHPs) – HSA Contribution Limits – the 2022 annual HSA contribution limit is $3,650 for individuals with self-only HDHP coverage (up from $3,600 in 2021), and $7,300 for individuals with family HDHP coverage […]
Ready or Not, Cybersecurity Guidance for Employee Benefit Plans is Here
The U.S. Department of Labor recently issued formal cybersecurity guidance for employee benefit plans. The guidance applies to plan sponsors, plan fiduciaries, record keepers, and plan participants and includes various tips and best practices for protecting retirement plan assets. The DOL’s guidance includes: Tips for Hiring a Service Provider, which […]
Have You Been Using E-Verify for More than 10 Years?
On January 1, 2016, the E-Verify Program began annually deleting transaction records that are more than 10 years old from the system at the end of the calendar year. This means that employers lose access through the system to any cases created prior to December 31st of each year that […]