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401(k) Fiduciary? There’s Personal Liability If You Get It Wrong

The changes, which take effect July 1, 2012, are big. As a plan sponsor, you will receive new information about fees paid by the plan. You will also need to give participants some new information. For guidance, we turned to a recent BLR publication, the 401(k) Fee Disclosure Compliance Download Report. Your Role As Fiduciary […]

Resource Group, Partner Benefits Help Create Inclusive Workplace

It’s easy for an employer to say that it values a diverse workforce; it’s another thing to show that. By earning a perfect scores in the annual Human Rights Campaign’s Corporate Equality Index survey, Diageo (www.diageo.com) has demonstrated its commitment to creating an inclusive workplace for gay, lesbian, bisexual, and transgender (GLBT) employees. “Diageo not […]

Is a 3% Merit Increase the ‘New Normal’?

Most companies are looking at around 3 percent for their merit budgets, says consultant Terry Pasteris, but they’re wishing they had 5 percent. In today’s Advisor, how she makes that (appear) to happen, plus an introduction to the all-comp-in-one-place website, Compensation.BLR.com. Salary Increase Budget Surveys Most employers are working with 3 percent for merit, as […]

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Severance Pay Basics and Policy Considerations

Severance benefits are payments made to employees upon termination of employment caused by events that are beyond their control, such as workforce reductions, plant closings, company takeovers, and mergers. Severance benefits are sometimes offered to encourage early retirement or voluntary resignation, or to discourage terminated employees from suing an employer.

Happy Veterans’ Day 2022

Veterans Day is a time for us to pay our respects to those who have served. Veterans represent 5.6% of today’s total civilian labor force, and they bring countless skills with them such as dedication, commitment, teamwork, and leadership. As we head into Veterans Day, we’ve collected our best articles that highlight the best practices […]

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Repeat It Back to Me

Virtually all managers have experienced situations in which an employee failed to follow instructions. While there are certainly cases in which an employee was simply negligent or disobedient, it’s also extremely common for the underlying issue to be miscommunication. The manager believes he or she communicated one thing, but the employee thinks he or she […]

Unsafe Employees Cannot Be Ignored

Unsafe employees are a risk for everyone and should not be tolerated in the workplace. It seems so obvious when put into writing! But unfortunately, it can be easy to brush problems under the rug and hope for the best (more on that in a minute).

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How to Avoid False and Incorrect Information

In a previous post, we discussed the challenges faced by online researchers. Whether they are journalists, company employees, or simply curious people, it is easy for researchers to be misled by false information or simply inaccurate data presented by seemingly reputable and reliable sources.

FLSA Exemptions: How Many Workers Must Report to a Working Foreman to Make Him or Her a ‘Supervisor’?

We have a lot of production workers, several “working foremen,” and a few supervisors. A foreman has said that because of the number of people working under him (10 employees), he should be paid as a supervisor. So now we’re trying to sort out the distinction between workers, working foremen, and supervisors. Is there a […]