Cosmetics Giant Commits to Basic Skills Development
Lancôme, a French cosmetic and fragrance house that is part of L’Oréal, recently announced a new initiative, designed to combat illiteracy among women.
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7 Paycheck Failures, Avoid $1,000,000 Fine
Best Holiday Wishes from all of us at the HR Daily Advisor! Rafael, Amanda, Denise, Steve, Meredith, Allison, Paul The failures of a major construction company make a great checklist of legal infractions every company should strive to avoid. (Not to mention avoiding the near-$1,000,000 fine the company will pay to settle the case.) DOL’s […]
Food Distributor To Pay $1.5 Million In Back FLSA Overtime
The U.S. Department of Labor (DOL) has announced a settlement with McLane Co., Inc., under which the Texas-based food and grocery distributor will pay $1,559,316 in back wages to 570 employees. A DOL investigation found that the company misclassified employees as exempt and thus didn’t pay overtime wages. McLane erroneously regarded retail merchandising specialists as […]
HR In the Year 2525
Special from SHRM Annual Conference and Exhibition In California, in 2525, you’ll see the “Right to Select Your Own Manager Law,” quips attorney Jonathan Segal. His tongue-in-cheek predictions capped his 2012 review of employment law issues. Segal, a partner in the Philadelphia office of Duane Morris LLP offered his tips at the SHRM Annual Conference […]
Electronic Recordkeeping: What to do Now to Avoid Serious Hassles Later
Storing records electronically means knowing a whole new set of skills and rules. There are the practical (“If I e-file a document, can I throw the signed paper copy away?”) and the legal (including some new rules from no less than the U.S. Supreme Court.) Just how do you get it all right in a […]
It’s Back! New Law Revives the Health Coverage Tax Credit
Presumably put to final rest due to the Affordable Care Act, a program has been revived that establishes a health coverage tax credit for certain individuals — including COBRA qualified beneficiaries — who lose their jobs because of trade-related reasons. The new HCTC program, which will be effective through Dec. 31, 2019, includes provisions on […]
Cognitive Performance Has Implications for Defined Contribution Plans
by Lisa Higgins, Contributing Editor If you do not already offer automatic enrollment in your defined contribution plan, you might want to consider doing so. Such a move is likely to increase participation in retirement saving and may be particularly beneficial for young workers, an expert says. Here’s why.
Is Unlimited Time Off the Answer?
The phrase “time off” can put a smile on the face of almost anyone with a job. When you place the word “paid” before it, the smile gets broader and the daydreaming begins. There is another word that, when included at the beginning of the phrase, may be the most powerful yet. That word is […]
Hot List: Amazon Editors’ Picks for Best Business & Investing Books of 2009
Here are the Amazon’s “Editors’ Picks” of the best business and investing books of 2009. 1. The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street by Justin Fox. Time magazine’s editor-at-large leads readers on a chronological journey of modern economic theory, featuring the cast of scholars who constructed […]
Cybersecurity Training Part II: Awareness of Types of Threats
In the previous post, we discussed the significance of cybersecurity threats in the modern workplace and the importance of putting together a sound cybersecurity policy that includes training for employees. In that post, we looked at the first step in this process: educating employees on the importance of cybersecurity and the scale of the threat. […]