Practical HR Tips, News & Advice. Updated Daily.
A recent appeals court ruling may increase plan sponsors’ confidence about including and holding company stock in their retirement plans — especially those in the financial services industry. In White v. Marshall & Ilsley No. 11-2660, (7th Cir., April 19, 2013), the presumption-of-prudence defense again was upheld when retirement-plan participant plaintiffs appealed a 2011 district-court ruling, […]
A new research report explores how the workplace has evolved over the last 5 years and how organizations are using new workplace strategies, such as “distributed work,” to improve the productivity and success of workers.
In 2016, overall national health spending increased 4.3% following 5.8% growth in 2015, according to a study by the Office of the Actuary at the Centers for Medicare & Medicaid Services (CMS). Following Affordable Care Act (ACA) coverage expansion and significant retail prescription drug spending growth in 2014 and 2015, says CMS, healthcare spending growth […]
Litigation Value: Lots and lots of coal in everybody’s stockings! Last night’s episode of The Office was a repeat of the night we were introduced to Pam’s temporary replacement, Kathy. Since my colleague Josh Drexler ably covered that episode when it aired a few weeks ago, I thought I’d just take this opportunity to look […]
Our workplace has a tradition of teasing and pranks. “All in good fun,” say the workers, but I think there are harassment suits building up in some employees’ minds as this continues. How can I get the message across to stop this behavior?
IRS on March 27 released a series of changes to its Employee Plans Compliance Resolution System that it said would improve the correction programs. Among the modifications to Revenue Procedure 2013-12 announced are new options for correction methods to recoup participant overpayments and lower compliance fees for participant plan loan errors. The 17-page Rev. Proc. […]
How do you get employees to go the extra mile and perform at the peak of their capacity? Some say job satisfaction and happiness are key elements of exceptional employee commitment. I don’t disagree with that. But I would argue that employee satisfaction and happiness are not enough. After all, I could love my work, […]
Complimentary Webinar: Training ROI: Investing in Training Date: Thursday, February 09, 2017 Time: 02:00 PM Eastern Standard Time Training, the key to development, engagement, retention, and productivity and compliance. Developing employees’ abilities and knowledge on everything from compliance and job-related skills to leadership and communication is critical. But how valuable is training? We recently found […]
How hard can it be? I’m talking about BP’s apparent lack of ability to get out of its own way. Time and time again BP has been able to say or do exactly the wrong thing. Forget about what the oil company could or could not have done to avoid this whole tragic mess. Let’s […]
by Kevin J. Skelly Every year, employers must publicly report specific transactions or arrangements relating to unionization or the threat of unionization. The report must be made within 90 days after the end of the employer’s fiscal year. For employers whose fiscal years coincide with the calendar year, the reporting deadline will be at the […]