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August 2015

The Department of Labor's Wage and Hour Division (WHD) continues to receive numerous complaints from workers alleging misclassification, and the Department continues to bring successful enforcement actions against employers who misclassify workers, "said a detailed document issued July 15.

The Administrator's Interpretation 2015-1 is from David Weil, who heads the WHD.  It elaborates on positions the agency has taken earlier on the employee versus independent contractor issue, citing many federal courts' interpretations of the Fail Labor Standards Act (FLSA).

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Most 401(k) plans go off without a hitch

Despite two devastating bear markets within the last 15 years (one commencing in 2000 and one commencing in 2008), 401(k)s continue to be tremendously popular both with employers and employees. In fact, employees frequently cite a quality 401(k) plan with a generous employee frequently match as an important part of their compensation package and an incentive for joining and remaining with a company.
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