News & Announcements

Upcoming Deadline: Form 5500 Due for Calendar-Year Plans
Tuesday, July 16, 2019
Form 5500 (Annual Return/Report of Employee Benefit Plan) is due the last day of the seventh month after the plan year ends, which is July 31 for calendar-year plans. It must be filed by an employer who maintains the
Money Talks or Employee Walks: The #1 Reason Workers Leave Their Jobs
Tuesday, June 11, 2019
According to the Bureau of Labor Statistics, 2.86 million Americans quit their jobs in February 2019 alone. In Hawaii, the unemployment rate has ranged from 2.2 to 2.8% over the past two years. Therefore, many companies
Can Your Employees Take a 401k Distribution to Pay Off Student Loans?
Tuesday, June 11, 2019
The hardship exemption under Section 401(k) of the Internal Revenue Code permits a plan participant to receive an early distribution in situations involving an immediate and heavy financial need. By law, such need
Upcoming Deadlines Reminder
Tuesday, February 19, 2019
This is a friendly reminder that the following deadlines are coming up . . . February 2/28 Deadline to file with HI Department of Taxation Forms: HW-3 (Employer’s Annual Return & Reconciliation of Hawaii Income
Guidance on Determining the Nondeductible Portion of Parking Fringe Expenses
Tuesday, February 19, 2019
The Tax Cuts and Jobs Act (“TCJA”) changed various sections of the tax code affecting employers, including employers who provide qualified transportation fringes (“QTFs”) to employees. The Internal
HEC Releases Results of 2019 National Business Trends Survey
Tuesday, January 8, 2019
Hawaii Employers Council is pleased to release a summary of the results of the 2019 National Business Trends Survey, a survey provided through the partnership of various Employer Associations throughout the nation. The
HECís 2018 Employee Benefit Plans in Hawaii Survey Released
Tuesday, December 18, 2018
Hawaii Employers Council is pleased to share results from the 2018 Employee Benefit Plans in Hawaii Survey. HEC conducts this survey once every three years. 152 organizations participated in this year’s survey,
HEC Releases 2019 Survey Schedule
Tuesday, December 18, 2018
To keep your business competitive in today’s economy, your decisions about pay, benefits, and HR practices should be based on accurate information. HEC provides this information by conducting reliable compensation and
Feature of the Month:

Wage and Hour Update

There have been many significant changes going on at the U.S. Department of Labor. This article discusses two proposed rules for which employers must be prepared, which will (1) increase the salary level thresholds for determining an exempt employee and (2) change the regular rate of pay calculation for overtime.

Learn More

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