Preparing for a Workers’ Compensation Audit

| posted in Blog, Newsletter

  Just the mention of a workers’ compensation audit can stir up the butterflies in your stomach and add a serious dose of stress to your existence. But, if you are scheduled for an audit, there is no need to dread it. A small amount of preparation and common sense can save you a lot of aggravation and money. Timing Devoting a few hours of effort now can save you a lot of time in the future. Give your full attention to the auditor and remain with them throughout the entire process. The process may take a couple of hours…
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Five Tips for Streamlining Your Insurance Policy Audit

| posted in Blog, Newsletter

Are you due for a workers’ compensation premium audit? Audits are how insurance rates are determined, and it’s possible that an audit will uncover information that can actually save you money. Additionally, audits are important to make sure that your employee counts and job descriptions haven’t changed, so that the premium can accurately reflect your current operations. The audit can be stressful, but the key is preparation. These five tips can help you get ready: Tell your broker when there are changes in your staffing, payroll or areas of operation – This is important not just at audit time, but…
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Countdown to New Overtime Exemption Rules

| posted in Blog

If you have not yet done so, now is the time to start preparing all of your accounting and payroll systems for the onset of the Department of Labor’s new overtime exemption rules. The final regulation changes the salary level that must be met before an employee can be exempt from overtime if they satisfy the “duty requirement,” meaning they have to be engaged in certain “white collar” jobs, like management. The White House estimates that some 4 million workers who are currently considered “exempt” from overtime pay of time and a half for working more than 40 hours in…
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Seven Tips for Navigating a Workers’ Comp Audit

| posted in Blog, Uncategorized

No business ever wants to be audited, but in the world of workers’ compensation insurance it’s a regular occurrence that does not need to be a stressful event. A workers’ comp audit by your insurer is common for most mid-sized or larger employers, and the audit threshold in California is $16,000 or more in annual premium. While many employers are used to audits and have their procedures and policies in place to ensure a smooth experience, some of you may be growing concerns that now are large enough to be subject to audits. The key to a workers’ comp audit…
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EEOC’s Data Collection Proposal Could Spike Litigation against Employers

| posted in Blog

A new proposal by the U.S. Equal Employment Opportunity Commission to collect pay data from all organizations with more than 100 employees would likely open up employers to further litigation and regulatory actions. The EEOC says it wants to use this data to identify areas of possible pay discrimination. But this fresh trove of data would likely lead to litigation by employees who feel they are underpaid compared to their colleagues, and to administrative actions, according to employment law attorneys. The commission already uses so-called EEO-1 reports to collect demographic data about employers’ workers, such as race, ethnicity, sex, and…
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