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Elliot Dinkin

President/CEO


The Business Case For Completing A Compensation Audit

We all agree that there is a basic requirement in business to have in place a solid performance management, reward strategies and system capabilities to be successful. Although, all too … Continued

Recent Jobs Growth Report and Hourly Wage Rate Increases Create an Urgency to Review Base Compensation Structures, Merit Pay Structures, and Career Ladders

Background  If you are in the midst of setting compensation rates for 2019, including salary budgets, you may want to consider the following facts:The results of the October jobs report … Continued

Administration Announces Big Changes for Health Reimbursement Arrangements (HRAs)

On October 23, 2018, the Trump Administration released a proposed rule that would expand the use of Health Reimbursement Arrangements (HRAs), starting in 2020, by effectively rolling back Obama era … Continued

Average Hourly Earnings Increase Is Reducing Profits: Why It Is a Better Time than Ever to Focus on a Total Compensation Approach to Controlling Overall Labor Costs

Background: Average hourly earnings increased 2.7% in June from a year earlier, according to the Labor Department’s monthly jobs data released last Friday. That is good news for U.S. workers … Continued

Can A Struggling Multiemployer Plan Override A Collective Bargaining Agreement?

Background: After bargaining to impasse, Just Born implemented its last, best and final offer, which included a soft-freeze type provision, where contributions would be made to the Multiemployer Pension Fund … Continued

To Ask or Not to Ask About Prior Compensation - That is the Question

The Ninth Circuit Court of Appeals issued a recent ruling that wage disparity based on “prior salary alone or in combination with other factors” violated the Equal Pay Act (Rizo … Continued

Voluntary Correction Program (VCP) Equivalent to Fix Violations Under the Fair Labor Standards Act (FLSA)

The Internal Revenue Service has created an Employee Plans Compliance Resolution System (EPCRS) for correcting qualified plan (e.g., Defined Benefit and Defined Contribution) errors, including Self-Correction Program (SCP), Voluntary Correction … Continued

California Supreme Court Ruling Will Result in a Higher OT Rate for Employer’s Who Pay Flat Bonuses

The California Supreme Court issued a decision on March 5, 2018 (Alvarado v. Dart Container Corp) regarding the proper method under California law to calculate nonexempt employees’ overtime rate of … Continued

Why a Not-for-Profit Should Address the Tax Reform Impact on Their Total Compensation Offerings

No, I didn’t hit my head and wake up and realize that Not-For Profits (NFPs) now pay taxes.  However, as a result of the recent tax law changes, a substantial … Continued

Tax Reform Provides Another Incentive to Implement Pension Plan De-Risking Strategy

Tax reform offers another incentive for employers to consider completing a pension plan de-risking strategy in 2018. A change in the corporate tax rate will make funding pension plans sooner … Continued

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