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COVID-19 Is Not a Natural Disaster Under WARN Act

The U.S. 5th Circuit Court of Appeals (whose rulings apply to all Texas employers) has determined that the COVID-19 pandemic is not considered a natural disaster, thus it is not an exception to the federal law that requires businesses to give employees advance notice of mass layoffs. Employers could find themselves liable for mass layoffs […]

baseball

1 … 2 … 3 Strikes, You’re Out!

Summer is almost around the corner, which means baseball season will be in full swing. Hopefully your favorite team is doing well. However, if you’re a Mets fan, I’m sorry. This next story is like adding salt to the wound!

transparency

Ask the Expert: How to Implement Fair, Transparent Compensation Practices

Question: Are there any laws regulating whether managers and supervisors are allowed to know the compensation of the employees they supervise? Answer: There’s currently no law that regulates whether managers and supervisors are allowed to know the compensation of the employees they supervise. Employers may therefore implement policies restricting the sharing of this information. However, […]

Pension

LIMRA Data: Pension Buyouts at Highest Q1 Level in 15 Years

Single-premium pension buyout sales as part of the “derisking” of defined benefit (DB) retirement plans for the first quarter rose 31% from the same period in 2016, totaling $1.4 billion—the highest first-quarter results in 15 years, according to the LIMRA Secure Retirement Institute.

Why You Need to Involve Your Employees in the Hiring Process

Hiring decisions are typically made solely by the employer, with little to no input from employees. This is a mistake, Heather R. Huhman argues on Entrepreneur.com. She says that by staying fully in charge of the hiring process, employers may cause potential candidates to shy away from job offers.