Category: Benefits and Compensation

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.

Employers Must Send Notice of Pension Transfers Related to Takeovers

Even if those administering your plan are familiar with the ERISA notice and disclosure requirements, it’s worth remembering the importance of notification during the series of benefits transfers that can occur from corporate takeovers. Not doing so, even if the accrued benefits are shifted to the new company, can leave participants unaware — and possibly […]

Sex Discrimination Guidelines: ‘Outdated and Inaccurate’

Existing sex discrimination guidelines (found at 41 C.F.R. part 60-20) have not been significantly updated since 1970. Since employer policies and practices—and the workplace itself—have changed dramatically since then, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has started action to update its guidelines.

Employee Pay Deductions Can Cost You—Be Careful!

Some employers believe that deducting from an employee’s pay can be done at their own discretion. However, the law scrutinizes pay deductions very closely, and the scope of acceptable situations for them may be far narrower than you think. Attorney Ted Boehm shares what you need to know.

Sixth Circuit Overturns $2.8M ERISA Award for Unjust Enrichment

Simply paying an aggrieved plan participant for unpaid benefits due was enough to make him whole under ERISA, so no further money damages were warranted as a form of equitable relief, a federal appeals court has ruled. With this conclusion, a majority of the full en banc 6th U.S. Circuit Court of Appeals overturned an earlier ruling […]

ADEA Basics

What is the Age Discrimination in Employment Act (ADEA), and are you in compliance?

Put It All on Paper—Total Reward Statements

If you want to retain employees, they need to feel valued. Employers can show workers just how much they’re being compensated for their efforts—beyond just their base pay—through total reward statements. Consultant John Rubino has some tips for crafting and communicating these overarching compensation reports.