VCG’s VANTAGE
A view into the latest Benefits and HR topics
23Nov 2016

Federal Judge Blocks Proposed FLSA Changes

Authors: and |Compliance, Human Resources, In The Know|0 Comments

Just days before the proposed Fair Labor Standards Act (FLSA) salary threshold was set to increase to $921 per week ($47,892 annually), a federal judge in Texas blocked its implementation through a preliminary injunction. Hearing a lawsuit filed by the State of Nevada and 20 other states, US District Judge Amos L. Mazzant ruled that the Department of Labor overstepped [...]

18Nov 2016

IRS Extends 2016 Form 1095-C Deadline

Authors: |Benefits, Compliance, In The Know|0 Comments

With the issue of IRS Notice 2016-70, the Internal Revenue Service provided employers with 50 or more full-time employees with a little more breathing room as it relates to ACA reporting. The IRS has issued an automatic extension – employers now have until March 2, 2017 (previously January 31, 2017) to provide their employees with a Form 1095-C. In the [...]

26Oct 2016

Could your strategy “benefit” from a second opinion?

Authors: |Benefits, Human Resources, Strategy|0 Comments

When it comes to our personal health, when the stakes are high – e.g., we’re diagnosed with a serious chronic condition or we’re told we need surgery – many of us conduct our own research to become more informed, and even seek a second opinion. We generally take these steps for any of four reasons: (1) We want to increase [...]

19Oct 2016

What lies beneath: Don’t let it sabotage your change initiative

Authors: |Organizational Change|0 Comments

On her journey to Oz, Dorothy had lions, and tigers and bears to contend with.  As change leaders, we face three equally daunting, although far less visible, challenges as we implement organizational change – the beliefs, competing commitments and psychological contracts held by employees. We can change the organization’s reporting structure, systems, processes and policies, but unless we help employees [...]

19Jul 2016

IRS Releases 2016 Draft Forms 1094 and 1095

Authors: |Compliance, In The Know|0 Comments

Amid many employers’ efforts to correct their 2015 forms, the IRS recently released draft copies of the 2016 Forms 1094 and 1095, previewing changes for the upcoming plan year.  As noted in the July 18th HR Benefits Authority, there are only a few changes identified thus far, and the draft forms were not accompanied by new draft instructions for employers. [...]