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Plan Loan Activity Slowed Slightly in 2015, ICI Says

The plan loan activity of participants in employer-sponsored 401(k) plans that allow it declined slightly in the first three quarters of 2015, but remained steady with the previous-year period’s levels, according to a recent survey. As of September 2015, the latest available data when the Investment Company Institute issued the report, 17.6 percent of defined contribution plan […]

Retirement Plan Access More Widespread Than Many Believe

Concerns about whether enough Americans have access to retirement savings plans regularly drive alarmist headlines and heated Capitol Hill hearings, but two recent studies indicate that workers’ access to such plans is, in fact, widespread. For U.S. workers most likely to be able to save and to be focused on preparing financially for retirement, coverage […]

What We Can Learn from Putting on Our Socks

Clear directions are a critical element in the successful execution of any task. To bake a batch of mouth-watering cookies, you need a recipe that clearly lists the ingredients and how they need to be combined in order to deliver the final result you’re looking for. If you need to travel from point A to […]

criminals

The Company that Hires Ex-Convicts

Most people who have filled out job applications have at one time or another seen the question asking whether the applicant has ever been convicted of a crime. This could mean either a misdemeanor, relatively minor crimes punishable by up to a year in jail, or felonies, serious crimes that could be punished by years […]

Ohio Joins Wisconsin, Idaho in Passing Union-Curbing Legislation

Another state has secured victory in the battle to balance struggling state budgets by restricting collective bargaining rights for public-sector employees. Ohio Governor John Kasich has approved Senate Bill (SB) 5, a bill that is in some ways more restrictive than the highly publicized and protested Wisconsin bill that passed earlier this year. The bill […]

Unmarried and Single Americans

“National Singles Week” was started by the Buckeye Singles Council in Ohio in the 1980s to celebrate single life and recognize singles and their contributions to society. The week is now widely observed during the third full week of September, which is September 18-24 this year, as “Unmarried and Single Americans Week,” an acknowledgment that […]

Mississippi passes broad anti-LGBT law

On April 5, Mississippi Governor Phil Bryant signed a bill that provides businesses, religious organizations, and individuals with legal protection for refusing to provide services to LGBT individuals. The new law provides “certain protections regarding a sincerely held religious belief or moral conviction for persons, religious organizations and private associations” that refuse services to LGBT […]

Utah Supreme Court Issues Major Workers’ Comp Ruling

In a very recent decision handed down by the Utah Supreme Court, the court has substantially limited the protections afforded to employers under the workers’ compensation statute. This decision involved an industrial accident at a Chevron refinery near Salt Lake City. According to the facts of the written opinion, Chevron tried a new, less expensive […]

The New Pension Protection Act: What You Need to Know

The nation’s new retirement plan law puts additional compliance burdens on employers, and especially on HR. Here are some of the key changes. The 1990s were boom time in America. The stock market surged and billions were made in the blink of an eye. “Greed is good” was the mantra of the day. But, as […]