A flexible spending account is a handy tool that lets you put aside pre-tax money for medical expenses that aren’t covered by insurance. It lowers your income tax bill and means that you have money set aside for dental care and contact lenses. The problem with FSAs is that money in the account disappears at the end of the year, which is not necessarily December 31. Starting in 2013, though, there has been a little-known exception to that. [More]
Some tattoo fans (not all, obviously) believe that tattooing the name of your beloved on your body dooms your relationship. It’s the same with matching tattoos. But what about your relationship with your workplace? Does getting matching tattoos with your colleagues doom your career and guarantee a layoff? One New York City real estate brokerage hopes not. They offered agents a 15% raise if they got a company logo tattoo. [More]
As more pieces of the Affordable Care Act federal health care law come into effect, employers are evidently beginning to brainstorm ideas to save money and avoid having to provide health care for their employees. Darden Restaurants, owner of chains such as Red Lobster, Olive Garden, and LongHorn Steakhouses is trying out a venerable tactic from the retail industry: keeping employee hours just a hair under “full-time” so they don’t have to provide benefits. [More]
Employers pull the credit reports of prospective employees as a way to determine whether they’re trustworthy and good at managing money. But now more than 25 civil rights groups, labor unions and consumer groups have banned together to demand that TransUnion stop selling credit reports to employers. They say the practice is invasive, discriminatory, and worst of all, doesn’t even work. [More]
We’re not sure if this is the start of a trend or just some very creative cost-cutting by a few companies, but Business Insurance notes that some self-insured firms are now sending their employees to other states to save money on medical procedures.
Reader Brandon wants to know if those freecreditreport.com commercials are being misleading when they tell you that your credit report can affect where you get a job.
Well that was quick: the Pizza Time employee who told reporters that the store’s manager had shut off the heat and was making them work in a subfreezing store, was fired. This guy really is a terrible boss.
The owner of a Pizza Time in Washington state has cut off the heat at his store after an employee forgot to turn the heat off one night, and is threatening to suspend employees who complain. The manager (the owner’s wife) has a space heater in her office.
Attention people who have jobs: You may be getting screwed out of overtime pay. You’d better bet that Chuck Norris doesn’t put up with not getting paid his overtime pay. Bankrate has a simple questionnaire that helps you determine if you are eligible for overtime pay: