IRS Announces 2006 Standard Mileage Rate
The Internal Revenue Service has issued the 2006 standard mileage rate commonly used to reimburse employees for the business use of a vehicle. The new rate will be 44.5 cents per mile, beginning Jan. 1, 2006.
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Independent Contractors: Employer Learns the Hard Way About the Risks of Misclassification
IRS Announces 2017 HSA Contribution Limits
In Revenue Procedure 2016-28, the IRS recently announced the 2017 contribution limits for Health Savings Accounts (HSAs):
Obama administration delays another ACA provision
The Obama administration has delayed another Affordable Care Act (ACA) provision. The administration has postponed a consumer protection provision that limits out-of-pocket costs until 2015. Under the provision, the limit on out-of-pocket costs was not to exceed $6,350 for an individual and $12,700 for a family. According to the New York Times, the one-year grace […]
Interview Technique: More Than Just Good Questions
BLR’s HR subscription website, HR.BLR.com, explains that success at interviewing jobseekers means not just knowing what to ask, but the techniques of how to ask. Yesterday’s Daily Advisor gave you 20 key questions to use in interviewing job candidates. Question content is key, of course, to getting the information you need. But so is another […]
‘Fire the Slugs’—That’s Good Turnover
“Fire the slugs,” says management expert Jeff Cortes. That’s good turnover and also it’s good for retention—all of your other employees have been wondering when you would act. “There’s good and bad turnover,” says Cortes, author of the book, No Nonsense Retention, which he characterizes as a collection of no-nonsense ways to retain your best […]
Hot List: Bestselling “Skills” Books on Amazon.com
Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, June 28, in the “Skills” section of the “Business and Investing” category. 1. Delivering Happiness: A Path to Profits, Passion, and Purpose by Tony Hsieh. In his first book, the CEO of […]
Does Updating a Facebook Page Violate a Non-Compete?
In yesterday’s Advisor, we covered the stunning new NLRB stance on social networking; today, attorney Thomas Deer’s advice on dealing with social media and non-competes, plus an introduction to the one-stop HR solution center. Deer, a shareholder in the Chicago office of law firm Ogletree, Deakins, Nash, Smoak & Stewart PC, was a featured speaker […]
EEOC Claims Reach Record Level, What Employers Can Do
When the economy declines, it’s a safe bet that the number of discrimination claims filed against employers will increase. And as we are currently in the worst economic climate since the Great Depression, employment law attorneys weren’t surprised when the Equal Employment Opportunity Commission (EEOC) reported this week that it received an unprecedented number of […]
Market Performance, Pension Contributions Drive Rise in CEO Compensation
According to research released by The Conference Board (a global, independent business membership and research association), the median total compensation of CEOs of U.S. public companies in the Russell 3000 index soared 11.9% in 2014 over the previous year and as much as 34.7% over 2010. Equity awards (excluding stock options) represent 34.7% of the […]