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Business Week’s Bestseller List

Business Week ranks business books that are the most recent bestsellers and provides a short summary. 1. Outliers: The Story of Success by Malcolm Gladwell. As you’d expect with Gladwell, there are lots of surprises in his explanation of why some people succeed fantastically. Pluck and smarts get less play here than such matters as […]

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Predicting success is hard

by Dan Oswald How good are you at picking winners? If you’re one of the 70 million Americans who filled out a bracket for the NCAA men’s basketball tournament, you probably have a sense of how hard it is to predict success. You think you’ve done your homework. You do your research, looking at win-loss […]

QLACs ‘Pension-ize’ Defined Contribution Plans

Qualifying lifetime annuity contracts in July 2014 became another option for defined contribution plan sponsors to offer to assist with retirement income security when the U.S. Treasury Department and IRS issued final regulations allowing them. Now, plan sponsors and participants near retirement age face some confusing choices when considering whether QLACs are right for their […]

In Today’s Economy, Is Wellness Doable?

Budgets are stretched tighter than drumheads—is there still a way to work in a wellness program? National Employee Health and Fitness Day is next Wednesday, and that makes this a great time to focus on wellness objectives. Readers of the Advisor are well aware that wellness programs work and can produce strong returns on investment […]

Reconsidering random drug and alcohol testing in Canada

by Hannah Roskey Random workplace drug and alcohol testing is generally prohibited by Canadian employers in Canada. However, there are limited circumstances in which it may be permitted. A recent decision of the Alberta Court of Queen’s Bench, Suncor Energy Inc. v. Unifor Local 707A, provides some further guidance for employers operating in Canada. And […]

Employment Law Tip: Do You Know the Callback Pay Rules?

Each workday a nonexempt employee is required to report for work and does report but isn’t put to work, or is given less than half of his or her usual or scheduled day’s work, the employee must be paid for half the usual or scheduled day’s work, but in no event less than two hours’ […]

Be prepared even if taking the wait-and-see approach

My son is addicted to movie trailers. Don’t get me wrong, I love movie trailers myself, but my son takes it to another level. I recently checked the YouTube history on the iPad we permit our kids to use and found that instead of playing games on the multitude of kid-friendly applications we downloaded, my […]

Court Supports Sponsor Interpretation of Plan, but Equitable Relief Claims Still Possible

Plan sponsors may take heart at a district court’s ruling supporting the interpretation of plan language by one of their own — but a partial dissent could spell more claims for equitable relief. The 6th U.S.  Circuit Court of Appeals reversed a ruling for the plaintiff in a surviving-spousal benefits suit and supported the defined […]