News and Analysis
3 Emerging Trends in Labor and Employment Law for 2018
January 5, 2018Here’s a post from OMA Connections Partner, Bob Robenalt, of Fisher Phillips: “… it’s time for manufacturers to begin planning for the next wave of labor and employment law trends forecasted to emerge over the coming year. Not surprisingly, we will continue to see deregulation at the federal level and an uptick in state-level protections. Looking ahead to 2018, manufacturers should have these 3 game-changing developments on their radar.”
Read about them here. 12/19/2017
Bob Robenalt is a partner at the Columbus office of Fisher Phillips, a national management-side labor and employment law firm.
Attention HR Managers: New Employment Forms Available
January 5, 2018For the convenience of OMA members, OMA creates a library of commonly used human resources forms including an employment application, performance evaluation form, vacation schedule, health questionnaire, state & federal posting requirements and more. The forms are reviewed annually by the OMA’s law firm, Bricker & Eckler, so members can use them with confidence.
The forms are free and always available on the OMA’s website. Members are urged to carefully read all the special instructions for use in order to comply with applicable laws. 1/4/2018
Tax Cuts and Jobs Act Overhauls Executive Compensation Programs for Publicly Traded Companies
January 5, 2018This from OMA Connections Partner, Calfee: “The Tax Cuts and Jobs Act (the Act), signed by President Trump on December 22, 2017, included a major overhaul of Section 162(m) of the Internal Revenue Code (Section 162(m)), which will significantly affect executive compensation programs for publicly traded companies going forward.”
Read more about this here. 1/4/2018
Forms 1095 Due to Employees by March 2nd
January 5, 2018A reminder from OMA Connections Partner, One Source Advisors: “Employers subject to the Affordable Care Act’s (ACA) information reporting requirements are reminded that the deadline to furnish Forms 1095-B and 1095-C are quickly approaching. The reporting deadlines in 2018 are for reporting information on the 2017 calendar year, and are as follows:
- Applicable large employers (ALEs)—generally those with 50 or more full-time employees, including full-time equivalents—must furnish a Form 1095-C to all full-time employees by March 2, 2018.
- Self-insuring employers that are not considered ALEs, and other parties that provide minimum essential coverage, must furnish a Form 1095-B to responsible individuals (which may be the primary insured, employee, former employee, or other related person named on the application) by March 2, 2018.”
Please contact One Source Advisors for your questions about your employee health plan and/or reporting requirements. 1/4/2018