Practical HR Tips, News & Advice. Updated Daily.
by Arris Reddick Murphy The Employee Retirement Income Security Act (ERISA)’s Section 404(c) protection is commonly relied upon by plan fiduciaries to lessen potential liability in the event that participants, who are directing their investments in employer-sponsored 401(k) plans, suffer large losses.
Some colorful (ahem) corners of the Internet were abuzz this week after a report surfaced that an anonymous adult male fan of the cartoon show My Little Pony: Friendship is Magic was fired from his job after admitting his fandom to his coworkers. The firing of this “brony” (and let’s just assume for the sake of this […]
by Douglas R. Chamberlain Until recently, with the realities of America’s mobile society, it was quite possible to lose track of people—former employees included—especially if they didn’t particularly care to be found. However, the advance of modern technology, led by the Internet, first slowed and then reversed this trend—to the point where anonymity and obscurity […]
The National Labor Relations Board’s (NLRB) decision to seek public input on the controversial 2014 rule that sped up the union election process is likely to result in the rescission of the rule, according to an attorney who keeps a close watch on the Board’s actions.
In the recently released “Equilar 100 CEO Pay Study,” an examination of the compensation of the CEOs of the top 100 public companies in the United States, the difference from the top paid to the bottom of the barrel was $78,399,999. Huh?
To save time and money administering employee benefits and payroll, a growing number of employers are turning to leasing—or outsourcing—employees rather than hiring them outright. In this special two-part series, we’ll look at whether employee leasing is right for you and explore some of its hidden pitfalls.
by Kara E. Shea Even though material aspects of Affordable Care Act (ACA ) compliance have been delayed, employers are still scrambling to understand and prepare for compliance with the new regulatory scheme. Early on, compliance has been something of a numbers game because the “play or pay” mandate is limited to employers with 50 […]
Yesterday’s Advisor presented the first two of five ways to invest in wellness from Dr. Gerard Malanga, MD, and Robert D. Woods Jr. Today, Malanga and Woods cover the final three. Malanga is the founder and partner of New Jersey Sports Medicine, LLC, and New Jersey Regenerative Institute in Cedar Knolls, New Jersey. He also […]
Dwight Shurte and Creed Bratton from The Office both have blogs. Dwight warns readers that they shouldn’t be reading his blog while they are at work. Employment law attorney Troy Foster reminds HR and employers that they should have policies about employees blogging about work as well as at work. With another week with no […]
When it comes to IRS audits, “an ounce of prevention is worth a pound of cure,” as Benjamin Franklin so wisely put it. The cure, in this case, most often requires restitution of deposits to your 401(k) or 403(b) plan, plus earnings, and in some cases, a sanction paid to the Internal Revenue Service (IRS).