ACA Deadlines, Wage and Hour Lawsuits, and more

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The OperationsInc Navigator
December 4, 2015
MSNBC Your Business: Affordable Care Act – The Latest Government Deadline Is Looming

Wage and Hour Suits Skyrocketed in 2015

According to a report recently released by law firm Seyfarth Shaw, wage and hour lawsuits have risen 358% in the past 15 years, with 8,871 cases being filed in federal court in 2015 alone. The Washington Post reports that this skyrocket in cases is tied to Labor Department crackdowns on independent contractor misclassifications, as well as media attention surrounding local minimum wage increases and proposed changes to overtime rules.

211,000 Jobs Added in November, Tops Forecast 

The US jobs report released earlier today says that the economy added 211,000 jobs last month, topping the initial projection of 200,000. While the unemployment rate remained the same at 5 percent, The New York Times reports that economists were hoping to see stronger numbers as it relates to wage growth. The November report shows that hourly wages rose by just 0.2 percent, pushing the 12 month gain to 2.5 percent.

Toxic Employees Cost Companies an Average of $12k

A recent Harvard Business School study found that “avoiding hiring a ‘toxic worker’ saves companies around $12,500 or more, while hiring a superstar employee only saves about $5,300 for the company”. CNBC reports that these negative employees are so costly to businesses because their behavior drives away other workers, forcing companies to spend funds on turnover costs.

Alcohol at Company Sponsored Events

Every year, a growing number of companies find themselves on the wrong end of legal actions stemming from the behavior of their employees following the excessive consumption of alcoholic beverages at a company sponsored event. Be it a holiday party or event just a sales meeting, employers must be diligent in controlling alcohol ingestion. 
 

 

The Legality of Electronic Signatures

In the Human Resources realm, there are a plethora of documents that require signatures, specifically benefit enrollment forms and offer letters among others. Electronic signatures have allowed for increased speed and ease in the finalization and collection of documents, but there are questions regarding validity. 
 

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