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The 7 Paycheck Failures that DOL Targets Most

DOL recently settled a case against a major construction company, whose list of legal failures provides a good checklist of infractions every company should strive to avoid. (You’ll also avoid the almost $1 Million fine the company will pay to settle the case.) DOL’s action against Lettire Construction Corp., which was punctuated by the substantial […]

What’s Your HR Credibility Rating?

In yesterday’s Advisor, we shared some how-to-lose-your-HR-credibility pitfalls. How many applied to you? Today, more tips and an introduction to a unique online training program. Building “HR Cred” is a top task for HR managers, although it never appears on any job description. It’s tough to build credibility, but easy to lose it. Here is […]

Converting to a cash balance plan is risky business

Companies that move from pensions to a cash balance plan can benefit by avoiding the risk of market volatility, but they should explain all aspects of the switch to employees and be careful not to violate the prohibition against age discrimination. When cash balance accounts replace retirement pensions, employees can be highly sensitive to the […]

Tech companies: Canada is open—here are some immigration considerations

by Gilda Villaran The Government of Canada prides itself on its positive attitude toward immigration and openly welcomes international talent. There are no restrictions preventing the issuance of work permits based on citizenship, and there is no reason to believe that Canada will change the way it views immigration in the immediate future. Not to […]

Effects of Overemployment Felt by Nearly Half of Employers

Experts and analysts have been talking about the low unemployment rate for quite some time while forecasting the consequent retention issues. A recent study by PayScale entitled Will They Stay or Will They Go? examined input from over 7,000 employees. What it found was that those issues are impacting organizations right now.

Health Benefits: New COBRA Rules Announced

After a 13-year wait, the Internal Revenue Service has just released its comprehensive regulations covering COBRA health benefits continuation coverage. The new regulations-which are a complex mix of final and so-called proposed rules-clarify several gray areas of the law but don’t change the basic COBRA mandates, including the detailed notice requirements. Even though the rules […]

OFCCP Reveals Glimpses of Enforcement Plans Targeting Federal Contractors

Early Tuesday morning, the U.S. Department of Labor (DOL) resumed its ongoing series of agency Web chats with a brief session hosted by Patricia Shiu, the director of the Office of Federal Contract Compliance Programs (OFCCP). The OFCCP enforces the civil rights of both federal contractor employees as well as applicants for federal contractor jobs. […]

Are We Saying Bye-Bye to the Holiday Cash Bonus?

Bonus programs are changing. Some offer alternatives to cash, and others tie the cash to preset individual or team goals. If your employees are popping their heads in and out of their doorways this week, glancing down the corridor with an expectant look on their faces, it’s understandable. They’re waiting to catch sight of their […]

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 […]