Practical HR Tips, News & Advice. Updated Daily.
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.
So, what’s your problem? We’re not trying to be confrontational but asking a sincere question. If you’re one who designs, processes, or transacts your company’s compensation program, it isn’t a stretch to think that you may have a few headaches.
An employer may require its workers to participate in a wellness program in order to receive health insurance benefits, a federal district court has ruled, dismissing a lawsuit brought by the U.S. Equal Employment Opportunity Commission. Granting summary judgment for the employer, the U.S. District Court for the Western District of Wisconsin said it disagreed […]
FedEx Corp. may have violated ERISA by not awarding pension death benefits to the same-sex spouse of an employee who died one week before the U.S. Supreme Court ended bans on gay marriage, although the company reasonably interpreted its plan’s limitation of benefits to opposite-sex spouses before the 2013 High Court ruling, a federal district […]
Given how ubiquitous 401(k) plans are these days, you might assume that they are practically legally mandated. The fact remains, however, that employers in the United States do not have any obligation to offer a retirement savings benefit to employees though many opt to do so now that employee pensions have all but disappeared.
Does your organization offer paid vacation? What about a 401(k)? Or sick days? Or health insurance?
The projected insolvency date for the insurance program for multiemployer pension plans, which cover more than 10 million Americans, has been delayed by 3 years, according to the FY 2014 Projections Report recently released by the Pension Benefit Guaranty Corporation (PBGC).
Question: Our current vacation policy states that employees can accrue up to 1.5x their annual vacation benefit. Once this limit is reached, the accrual will discontinue until the balance is reduced below the 1.5x annual benefit. We would like to change this policy so that an employee can carry over a maximum of 1 week […]
By Jennifer Carsen, JD The Cadillac Tax is designed to help fund healthcare reform and reign in unnecessary spending by imposing a 40% excise tax on insurers of employer-sponsored health plans with total values that exceed $10,200 for individual coverage and $27,500 for family coverage, starting January 1, 2018.
By Jennifer Carsen, JD You are undoubtedly weary of hearing about everything the Affordable Care Act (ACA) requires of you in terms of the employee health care coverage you’re mandated to provide.
What is a common shift differential pay amount for hourly employees? Although the Fair Labor Standards Act (FLSA) does not require private employers to provide differential or premium pay to employees (outside of overtime pay of time and a half over 40 hours in a workweek), many employers will reward their employees with additional pay […]