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CBO: Senate GOP health bill cuts deficit, adds to uninsured

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Senate’s Better Care Reconciliation Act of 2017. The CBO and the JCT estimate that enacting the legislation would reduce the cumulative federal deficit by $321 billion from […]

IRS Gives 403(b) Plans More Time to Get Pre-approved, Expands Eligibility

After hearing concerns from the retirement plan industry, the IRS issued modifications on March 25 to its pre-approved program for 403(b) plans, in Revenue Procedure 2014-28. These welcome changes will provide another year — until April 30, 2015 — to apply for the program and will increase the number of entities that can take advantage […]

Hot List: Bestselling “Business Life” 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, July 27, in the “Business Life” section of the “Business and Investing”category. 1. StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths by Tom […]

When is it OK to stereotype?

by Mark Schickman We are a country that is properly committed to judging people based on their individual qualifications and not stereotypes about their groups―race, gender, age, or ethnicity. One seldom sees articles suggesting that any one category makes a better executive than another. The one exception is the never-ending stream of articles that say […]

Recruiting Teenagers: Program Lures Future Talent

The early bird catches the worm — and the best employees. At least that’s the thinking of the Association of Corporate Counsel and the Street Law organization, which are working together to encourage young people of color to extend their educations and consider law-related careers. Among other things, their Corporate Legal Diversity Pipeline program pairs […]

Terminating And Disciplining Employees: Employer To Pay Four Years’ Back Wages For Firing One-Man Striker; Important Tips For Avoiding Labor Law Problems

If an employee makes unjustified complaints about wages and hours, you may be tempted to brand the person as a troublemaker. You might even take disciplinary action if the griping continues. But a new National Labor Relations Board (NLRB) ruling cautions that even a one-employee protest can be a protected activity under federal labor law-landing […]

Pension Plans: Supreme Court Restores Employer Discretion Over Surplus Assets

Because of the huge stock market gains in recent years, many defined benefit pension plans contain more assets than are needed to pay out benefits. Since 1997, however, a ruling from the federal appeals court that covers California has sharply limited employers’ discretion in how to use that “extra” money. But in a recent unanimous […]

Some Employees Are ‘Fire-Retardant’—But that Doesn’t Mean You Can’t Fire

“I want to fire him, but I can’t.” It’s true that some employees come with “fire retardant factors”—they are in a protected class or performed a protected act—but this doesn’t mean you can’t fire them. However, you do want to slow down and be sure that you aren’t discriminating or retaliating against them for asserting […]

‘Just Cause’ Measure on Colorado November Ballot

A proposed measure that would amend the Colorado Constitution to bar employers from firing or suspending employees without just cause was certified for the November 2008 ballot by the Colorado secretary of state on August 22. The “Just Cause Initiative,” which will appear on the November ballot as Amendment 55, gathered more than 130,000 signatures […]

More Bad News for Wal-Mart in Canada

by Dominique Launay Five weeks ago, we told you about an unfair labor practice complaint against Wal-Mart in Saskatchewan, arising out of its closure of a store in Jonquiere, Quebec. Well, it seems that Saskatchewan isn’t the only province in which Wal-Mart is being dealt blows. The Quebec Labor Relations Board  has also recently ruled […]