The ABCs of Being a Fiduciary
A: Are you a fiduciary? Generally, fiduciaries are persons who owe a duty of care and trust to another and must act primarily for the benefit of the other. ERISA fiduciaries may be named in plan documents or may earn the position based on the functions they perform (e.g., the exercise of discretionary authority or…
Offering Paid FMLA Leave Could Lead to Tax Credits for Your Company
Mckinley Hyman
August 27, 2018
Employers who voluntarily offer paid family and medical leave could be in for a pleasant surprise come next tax season. An act passed in December of 2017 includes a new, easily overlooked tax credit available to any employer who offers paid Family Medical Leave Act (FMLA) leave that meets certain criteria. While the Internal Revenue…
Even the IRS is on YouTube
Meredith Silliman
July 18, 2018
Yes, you read that right. The Internal Revenue Service (IRS) posts videos to YouTube to help taxpayers, and in this specific case, employers better understand what their tax-related responsibilities are and how to fulfill them. If you’ve hired a third-party payroll service provider to perform payroll processing and tax-related duties, including making employment tax deposits,…
Overview on the South Carolina Pregnancy Accomodations Act
James E. (Jim) Cox, Jr.
July 2, 2018
On May 17, 2018, Governor Henry McMaster signed the South Carolina Pregnancy Accommodations Act (the “Act”) into law. South Carolina is now one of 23 states that expressly grants pregnant employees the right to reasonable accommodations at work. While federal law already prohibits discrimination based on pregnancy, the Act does include specific notice and accommodation…
Dusted Off Your Disability Claims Procedures Yet?
Meredith Silliman
April 30, 2018
We’re more than a month into Spring now even if it doesn’t feel that way outside every day. If you haven’t had a chance to start your Spring cleaning at home yet, let’s get in the mood by starting on your Spring cleaning at work. We’re assuming if you’re behind schedule at home, you might…
DOL Seeks Delay of Its Appeal of Injunction Halting Overtime Rule
Camden M. Massingill
January 31, 2017
On November 22, 2016, the new overtime rules (described at the end of this update) were put on hold after a federal judge sitting in Texas issued a nationwide preliminary injunction preventing the Department of Labor’s regulation extending mandatory overtime protections to white collar employees from taking effect. The revised overtime regulations were set to…
Awards & Accolades
Wyche, P.A.
November 9, 2015
Wyche at Work’s employment practice group is honored that its success continues to be recognized by the most prestigious law firm ranking publications including, Chambers USA, Best Lawyers®, and South Carolina Super Lawyers. Wyche at Work’s employment practice group has been named a Greenville “Best Law Firm” by U.S. News – Best Lawyers® in 2016.…
Final Revisions to Agricultural Worker Protection Standard
Wade S. Kolb III
October 6, 2015
EPA has rolled out a final rule revising the 1992 Agricultural Worker Protection Standard (WPS). As we explained in our blog post about the draft rule in February 2014, the WPS protects the nation’s 2 million farm workers from risks that accompany the use of pesticides. Changes in the final rule include annual mandatory training…
Retirement Plan Fees and Fee Disclosure
Andrew (Andy) B. Coburn
December 9, 2011
This week, our update and article come from Andy Coburn. Among other things, Andy advises and assists public and private company clients in the design and implementation of executive compensation arrangements, equity compensation plans and broad-based employee benefits. Overview of retirement plan fees. There are three basic types of retirement plan fees: Asset-based fees and…
