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‘Reasonable Interest Rate’ Debate Continues

Employers and plan administrators will be better able to administer plan loans and meet the prohibited transaction exemption, since the IRS has given them a clearer picture of what constitutes a “reasonable rate of interest.” The IRS has provided this assistance in guidance it published in the Winter 2012 edition of its “Retirement News for […]

Sears Settlement with EEOC Raises New Concerns on ADA Enforcement

by Burton J. Fishman Sears recently reached a $6.2 million settlement with the Equal Employment Opportunity Commission (EEOC) regarding Americans with Disabilities Act (ADA) violations stemming from the company’s alleged refusal to return injured workers to the job. This is the largest ADA settlement in a single lawsuit in EEOC history. More aggressive enforcement has […]

New Rules Proposed to Provide FLSA Protections to In-Home Care Workers

The U.S. Department of Labor (DOL) is proposing a rule change that would expand minimum wage and overtime protections for many employees in the home-care industry. A statement from the White House on December 15 said that if implemented, the proposed rule would affect nearly two million workers who provide in-home care services for the […]

Survey Says: Train Employees to Protect Company Data

  Almost one-third (31 percent) of U.S. employees are concerned about losing data at work, but many engage in activities that put company files at risk anyway. And more than one-third of those surveyed at companies with 101 to 500 employees admitted to engaging in risky behaviors when it comes to company data, according to […]

Minneapolis employers must prepare for new paid sick leave law

by Dennis Merley In a unanimous vote, the Minneapolis City Council has passed a paid sick and safe leave ordinance that is scheduled to take effect on July 1, 2017. The ordinance covers all employers with one or more employees, but employers with fewer than six employees must provide only unpaid sick and safe leave. […]

Recruiting GLBT employees makes sense

Gay, lesbian, bisexual, and transgender (GLBT) professionals are being increasingly targeted by corporate America — as both employees and customers. According to new research, the industry doing the best job of it is the financial services sector. In the Human Rights Campaign’s (HRC) most recent annual Corporate Equality Index, 32 employers in the financial services […]

Character Counts

My oldest son was home from college recently and asked me to read a paper he was working on. The paper, for a business management class he is taking, was about leadership. I didn’t have to read very long before I found my son addressing the topic of the character of a leader. I must […]

In the Company of Gleeks

Litigation Value: Likely no liability against Sabre/Dunder Mifflin, but Gabe could have some property damage claims against Michael and Andy Only two more weeks until new episodes of The Office return, and I’m eager to find how the writers will wrap up Michael Scott’s career. Quick question for you Officeheads out there: How do you think they […]