Article from Oregon Saves: Join the 27,000+ employers oering
OregonSaves and help your employees build financial security!
OregonSaves is the State of Oregon’s retirement savings program designed to give employers a simple way
to help their employees save for retirement. There are no employer fees, no fiduciary responsibility, and only
minimal ongoing responsibilities.
OregonSaves ensures that Oregonians have an easy, automatic way to save for retirement at work. Contributions
are made seamlessly through payroll deductions into a Roth IRA (after tax) that follows the saver throughout
their career. OregonSaves accounts are portable, customizable, and participation is voluntary for employees.
State law requires all Oregon businesses that do not oer a retirement savings plan to facilitate OregonSaves. The
good news? OregonSaves is a popular benefit to oer your employees and comes at no cost to you. Registration
is fast, easy, and secure. And after you sign up, the simple program administration leaves you free to run your
business.
Don’t delay! If you’re an existing Oregon business that’s not participating in OregonSaves you’ve missed your
deadline, but it’s not too late to register. If you already oer a retirement plan, have no W2 employees, or you’re a
sole proprietor, certify your exemption at OregonSaves.com. If you’re a new Oregon business, you can register at
any time or wait to receive notification.
Need help? You can call the team at OregonSaves Monday-Friday between 7am-7pm at 1-844-661-1256 or sign
up for a free, interactive webinar. Live sessions include an overview of the program and a step-by-step look
at the registration process for employers. Sign up at www.oregonsaves.com/events and get your questions
answered. To learn more about OregonSaves and to register your business, visit www.oregonsaves.com today!
Article from Bureau of Labor and Industries (BOLI): Do you use construction labor
brokers? You’re at risk if they’re not licensed through BOLI
Construction labor brokers – also called construction labor contractors - must be licensed through BOLI. This is
a separate license than a CCB license. A construction labor contractor is anyone who receives compensation
to provide labor to another. The statute defines a labor
contractor as any person that, “[f]or an agreed remuneration
or rate of pay, recruits, solicits, supplies or employs
workers to perform labor for another in construction”..” This
is not the same as being licensed through the CCB to perform
construction work. It is a separate license through BOLI
that applies to individuals or companies that recruit or bring
workers, but do not make other substantial investments in the
project.
If your construction labor broker is not licensed, you are at
risk. You may be held responsible for unpaid wages, penalty
wages, civil penalties, and attorney fees in connection
with any actions initiated to recover unpaid wages by the
labor broker’s employees. You can also be liable for other,
substantial penalties for the labor broker’s noncompliance
with other legal requirements. You may even be considered
working with an unlicensed contractor.