Posts in category Uncategorized

FUTA Credit Reduction Reminder

FUTA Credit Reduction Reminder

The FUTA Credit Reduction What is it?  For-profit employers pay federal (FUTA) and state unemployment insurance (UI) taxes on wages paid. The FUTA tax rate is 6.0%, but employers receive an offsetting credit of 5.4% for payment of state UI taxes. This makes the effective FUTA tax rate 0.6 %, which applies to wages paid […]

Federal Overtime Rule has been Blocked!

Federal Overtime Rule has been Blocked!

                                      NEW FEDERAL OVERTIME RULE BLOCKED! What you need to know A federal court in Texas has blocked the implementation of the federal overtime requirements which would have been implemented as of December 1, 2016. Overview Under […]

Department of Labor Penalty Increases

Department of Labor Penalty Increases

  In November of 2015, Congress passed the Federal Civil Penalties Inflation Adjustment Act Improvements Act, requiring federal agencies to increase their civil penalties to account for inflation. Many agencies had not done so in more than a decade. This initial increase in rates is capped at 150 percent. Going forward, the rates will be […]

Attention! Recent Announcement from the Department of Industrial Relations

Attention! Recent Announcement from the Department of Industrial Relations

Attention! DIR Will Resume Enforcement on August 1 of the Requirement to Submit Certified Payroll Records Online The Department of Industrial Relations (DIR) is advising Public Works contractors and subcontractors that enforcement of the requirement to submit certified payroll records using DIR’s online system will resume on August 1. The requirement to keep certified payroll […]

Attention! New Federal Overtime Rule Coming Soon

Attention! New Federal Overtime Rule Coming Soon

  What you need to know An update to the Federal overtime requirements will mean changes to California employees, effectively raising the minimum salary levels for exempt employees. Until this change, California requirements pertaining to minimum salary levels had exceeded the Federal standard. This will change as of 12/01/16. Overview Employee categorized as exempt must […]

OmegaComp HR donates to local charity, helping a deserving kid get a new bike, helmet, and lock!

OmegaComp HR donates to local charity, helping a deserving kid get a new bike, helmet, and lock!

OmegaComp HR is proud to participate in the 50 bikes for 50 kids program. Congratulations Kaylynn Yee as our recipient for a specialized bike, helmet, and lock. “Kaylynn is an excellent student. She works hard on everything she does. She is very respectful and responsible to everyone in our school. She helps others with their […]

California Wage Garnishment Laws

California Wage Garnishment Laws

California Garnishment Law and Exemptions The California [wage] garnishment law is complex. Any specific questions regarding California garnishment exemptions, or other areas of garnishment law in California should be directed to a California wage garnishment attorney. However, under California law, the following types of income [types] are usually not subject to wage garnishment: Public and private […]

The Benefits of Automated Timekeeping

The Benefits of Automated Timekeeping

Automated timekeeping is a very useful tool for small and medium size organizations.  This tool provides organizations and employers a variety of benefits; be it the need to reduce the cost of labor, increase productivity, restructure admin work or ensure compliance with the Affordable Care Act (ACA).     Is your organization taking on unnecessary […]

4 Reasons Why You Should Automate Your Timekeeping System

4 Reasons Why You Should Automate Your Timekeeping System

In recent times, have you used any product or service that helped to reduce your overhead cost while simultaneously cutting down workload? If you answered no, the good news is that automated timekeeping is about to give you that.   Automated timekeeping is an outstanding tool that offers employers better savings and efficiency at work. […]