401(k) Challenges—Audit Focus for the IRS
Yesterday’s Advisor began the Internal Revenue Service’s top 10 401(k) issues; today we hit the rest, again as featured on Compensation.BLR.com®.
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New Massachusetts law requires paid sick leave
Voters in Massachusetts approved a law in the November 4 election that requires certain employers to provide paid sick leave. The law takes effect July 1, 2015. Under the law, Massachusetts employers with at least 11 employees must provide paid sick leave. Employees will accrue paid sick leave beginning July 1, 2015, at the rate […]
Must Accrued Vacation Time Be Paid Upon Termination?
Do employers have to pay out the wage equivalent of the accrued vacation time for an employee upon termination? Does the answer depend on whether the employee quits or is terminated for cause? Does the answer depend on whether the employee belongs to a union?
Are Your Managers Trained on the ADA and Diabetes?
Employees with diabetes are covered by the ADA. There is no dispute that diabetes is a diagnosed physical impairment that limits a major life activity and thus meets the ADA definition of disability. (Major life activities include the functioning of major bodily systems like the endocrine system; diabetes, by definition, substantially limits the endocrine […]
A Meaningful Compensation Scorecard: Measure for Effect
Your compensation scorecard can be a powerful aid for developing real pay for performance, reducing entitlement, and, often, gaining management buy-in, says Consultant David Insler.
Oregon employers shouldn’t freak out over new marijuana law
by Calvin L. Keith On November 4, Oregon voters passed Initiative 91, which legalizes recreational marijuana in Oregon. With Oregon joining other states that have approved recreational marijuana use, Oregon employers may be wondering what the new law means for their drug policies. The short answer is not much. Initiative 91, which will take effect […]
Election means at least four more states will see higher minimum wages in 2015
by Tammy Binford Voters in Alaska, Arkansas, Nebraska, and South Dakota said yes to increasing their states’ minimum wages as they cast their ballots November 4. Illinois voters said the same thing in a nonbinding vote. Here’s a look at the new state minimum wages, according to Ballotpedia: Alaska: The state minimum wage will rise […]
Top Ten 401(k) Compliance Issues (Also IRS’s Top 10 Audit Checks)
The Internal Revenue Service (IRS) has published details on the top 10 issues identified during examinations of 401(k) plans. These are the issues that the IRS will be focusing on when conducting an audit.
Get Hired Based on Your Career Selfie
What’s worse, trying to sum up your work history in 200 characters or less, or getting hired—or not hired—based on your looks? Pitman Training has now developed an app that pushes the envelope in social media and career development.
EEOC: trolling for plaintiffs
by Charles S. Plumb It’s no secret to employers that the Equal Employment Opportunity Commission (EEOC) has taken a more provocative and confrontational approach to investigating and litigating claims of employment discrimination. But the EEOC’s treatment of Case New Holland, Inc., takes “pushing the envelope” to a new level. To make matters worse, a federal […]