Implementing NWoW—adidas’s New Way of Working
In yesterday’s Advisor , Gregg Tate, GPHR, showcased the New Way of Working (NWoW) at adidas®. Today, how NWoW was implemented.
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.
NWoW—adidas has a New Way of Working
adidas® and its 50,000 employees have a New Way of Working (NWoW), says adidas Senior Vice President, Human Resources—Commercial, Gregg Tate, GPHR. In a packed session at SHRM’s Annual Conference and Exposition in Orlando, Tate offered insights into the company’s intriguing NWoW.
IRS Mandates Electronic Filing by Large Retirement Plans
IRS issued final regulations requiring employer retirement plan sponsors or administrators that file at least 250 returns in a calendar year to submit Form 5500 annual reports and other plan-related documents electronically. The regulations are effective Sept. 29, and apply for plan years that begin on or after Jan. 1, 2014, and have a filing […]
Holidays Are Coming—Who’s Offering What for Time Off?
Holidays are one of the most popular perks you can offer. What’s happening out in the real world? What are your competitors offering? What are best practices? Help us find out!
Rules Describe How Employers Will Identify Full-timers through Job Changes
New guidance from the IRS proposes new approaches to the application of the look-back measurement method, which employers use to determine if an employee is full-time or part-time for purposes of the employer mandate. Notice 2014-49 covers situations such as when an employee transfers from a position (such as hourly) using one measurement period to […]
Tricky Call—Order of Priority for Wage Garnishments
Yesterday’s Advisor featured basic guidance concerning wage garnishments. Today, the rules of priority: Which one do you pay first?
Motorola Launches Third-largest U.S. Pension Buyout, Hopes to Shed $4.2B in Obligations
Motorola Solutions Inc. will shift about $3.1 billion in pension obligations to around 30,000 retirees in its frozen defined benefit plan to Prudential Insurance Co. at the start of 2015. The risk transfer becomes the third-largest of its kind, after similar moves in recent years by General Motors Co. and Verizon Communications Inc. At the […]
Wage Garnishment? Not Quite as Easy as It Appears
You’ve got no choice but to honor a garnishment order, but the issues of how much of disposable income to pay and which order to honor first are trickier than they appear on the surface.
Employer Plan Entitled to $281K after Employee and Lawyer Lied about Settlement Funds
An employer-sponsored health plan was entitled to full recovery of more than $131,700 in funds, plus more than $149,000 in attorney’s fees, after it came to light that a plan participant and her attorneys tried to con the plan by lying about the size of a third-party settlement, the 11th U.S. Circuit Court of Appeals […]
Tips for Combating the Pitfalls of Outsourcing
In yesterday’s Advisor, we pondered the pitfalls of outsourcing; today, what you can do to avoid them.