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Legislative lowdown: DOL rescinds Biden-era overtime rule

Francis ScialabbaThe Department of Labor (DOL) recently rescinded a rule that would have raised the salary threshold for white-collar workers to qualify for overtime.The rule, which was issued by President Joe Biden’s administration in April 2024, would’ve raised the annual overtime salary threshold for executive, administrative, and professional (EAP) employees

Some employers rethink 401(k) matches amid financial uncertainty

Francis ScialabbaCould the beloved 401(k) match be next on the benefits chopping block?That looks to be the case for at least one technology services and outsourcing firm. TTEC recently paused 401(k) matches for its US-based employees, Business Insider reported on May 8. The company, which is headquartered in Austin, has

Most employers aren’t touching paid leave, for now

In recent weeks employers including Zoom and Deloitte made headlines for reducing paid family leave benefits.Offerings that were previously considered industry-leading appear less so with the changes. Certain Deloitte employees will see their paid family leave cut in half, from 16 weeks to eight weeks. Zoom reduced its leave from

PayPal agrees to $30 million settlement with the Department of Justice

PayPal will waive $30 million in processing fees for $1 billion in small business transactions as part of a new settlement with the Department of Justice (DOJ) signed on May 12.The settlement resolves a DOJ investigation into PayPal over a 2020 program that guaranteed a $530 million investment for Black

Employees want better benefits from their employers

Is cash still king? If not, employees might just say benefits are queen instead…Better benefits are a top motivator for employees on the job hunt, according to a recent report from HCM software company isolved. Of the 56% of employees who’ve applied for a new job in the last year,