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The second round of revisions to IRS’ Employee Plans Compliance Resolution System in a week focused on failures in automatic enrollment and escalation in defined contribution retirement plans. The procedural changes from the agency also addressed DC plans’ automatic employee contribution features that experience short-term elective-deferral failures. The procedural changes in Revenue Procedure 2015-28 were released […]
Senior citizens — those 65 and older — aren’t just sitting around in their rocking chairs. More and more, they are making up a vital part of the workforce. Here are some statistics about Americans age 65 and older from the U.S. Census Bureau. There were 37.3 million people 65 and older in the United […]
Like a moth to the flame, I’m going to revisit the subject of none other than Donald Trump. You can’t ignore that he is THE story right now. There’s no doubt that when it comes to Trump, emotions run high as we watch supporters and protesters clash—even physically—at his rallies. And there is no shortage […]
by Brian R. Garrison Continuing what has been a recent trend, the U.S. Court of Appeals for the District of Columbia Circuit has issued another decision against the National Labor Relations Board (NLRB). On May 7, the court determined the Board’s proposed rule mandating that employers display posters explaining employee rights under the National Labor […]
By Saul C. Glazer Wal-Mart Stores, Inc., has agreed to pay $11.7 million in back wages and compensatory damages, its share of employer taxes, and up to $250,000 in administration fees and will furnish other relief, including jobs, to settle a sex discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC). The settlement illustrates […]
By Jane Meacham Employers should exercise oversight of third-party administrators, to ensure they distribute accurate plan notifications and information about beneficiary distributions. That’s because in the case of certain errors, the TPA may end up not being defined as a fiduciary, as Judge James Graham in the U.S. District Court for the Southern District of Ohio, Eastern Division, ruled in Stark […]
It is important that any new training system is thoroughly researched before purchase so that it is as effective as possible. Learning management systems (LMSs) can be costly, so it is important to order or to develop the right one.
Last month, Allison Duke discussed the unique aspects of the Millennial workforce and the benefits of having a traditional mentoring program for these workers. Since Millenials aren’t traditional workers, this month, she explores other ways of structuring your mentoring program, starting with . . . Reverse Mentoring With reverse mentoring, Millennials are matched with executives […]
Nearly 70 percent of organizations are using social media to reach external audiences and build relationships with current and potential customers, and/or potential employees, with Facebook, LinkedIn and Twitter being the top three sites used, according to a survey by the Society for Human Resource Management (SHRM). This survey is part three in a series […]
By Beth Kahn and Timothy J. Toohey, Morris Polich & Purdy LLP A California employer fired a pregnant employee for violating its policy on reporting missing customer deposits. On appeal, the California Court of Appeal considered whether the employee had a claim for pregnancy discrimination and whether the employer had a legitimate reason for terminating […]