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This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
On December 22, 2017, President Donald Trump signed the highly touted Tax Cuts and Jobs Act (TCJA) into law. Among other things, the TCJA is intended to reduce tax rates for businesses and individuals and simplify income tax preparation by increasing the standard deduction and family tax credits, reducing the alternative minimum tax for individuals, […]
Many job postings close with a statement indicating salary is negotiable, but how often do job seekers speak up to secure a better package?
I try not to use the “Millennial” label. It feels wrong to generalize about groups that include millions of people and I can’t help but detect some age discrimination, even if subtle or unintentional, in pronouncements about behavioral differences in various age groups. Evolution took hundreds of thousands of years; I don’t think we’ve drastically […]
The neighborhood mom and pop shop is an American tradition. But what happens when mom and pop expand beyond their original storefront, and employ others, in addition to family members?
A handful of large U.S. corporations announced they are raising the employer match for their 401(k) retirement plans or are making other changes in their benefit plans in the first month after a tax reform law was signed by President Trump. And nearly half of companies surveyed said they are considering taking such an action […]
A major renal care provider agreed to $3.5 million to resolve Health Insurance Portability and Accountability Act (HIPAA) privacy and security allegations arising from a series of data breaches at five different facilities over a 5-month span in 2012.
The U.S. Department of Labor (DOL) recently updated its internship fact sheet, in effect changing the guidelines for internships. The move has prompted many employers to wonder: Do we still have to pay interns?
Global institutional pension fund assets in the 22 major markets grew to $41.3 trillion at year-end 2017, according to latest figures in the Thinking Ahead Institute’s Global Pension Assets Study, representing the highest figure since the report began in 1997.
When H. G. Wells wrote The Time Machine in 1895, he struck a chord with mankind’s dream of going back in time. Interestingly, some employees may have the same dream regarding health and welfare benefits, in the form of retroactive elections.
Class action settlements and court decisions related to 401(k) retirement plans in 2017 significantly affected the direction of ERISA litigation, according to the newest edition of an annual law firm report on workplace class action lawsuits.