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EBSA: Deficient Work Tied to Auditors’ Size, Experience

Hiring an auditor with limited experience auditing benefit plans, or experience auditing only small plans … may cost plan sponsors. That conclusion can be drawn from a new assessment by DOL’s Employee Benefits Security Administration of audit quality after reviewing annual reports from 400 sample retirement plans of various sizes. The agency found a nearly […]

Alabama law banning texting while driving takes effect

Alabama’s law banning texting while driving went into effect August 1, meaning you need to be careful not to encourage employees to text and drive while on the job. House Bill 2 prohibits “any person from operating a motor vehicle on a public street, road, or highway while also text messaging on a handheld cell […]

NLRB and nonunion employers

Employers with nonunionized workforces once went about their business without giving much thought to the National Labor Relations Board (NLRB). But with union membership in decline, a more activist Board is branching out, and now even nonunion employers need to be on guard. As union membership dwindles, the NLRB is emphasizing that the National Labor […]

Family and Medical Leave: Two New Cases Highlight Tricky Issues to Watch Out For

Although many employers know the Family and Medical Leave Act’s basic requirements, unusual circumstances can trip up even the most savvy. We’ll look at two recent cases involving your duty to inform employees of their leave rights and the importance of determining an employee’s “worksite” for FMLA purposes. No FMLA Notice for Injured Employee Richard […]

Fewer Exec Compensated with Pensions or SERPs

Nearly three-quarters of newly hired corporate executives are now treated like their rank-and-file when it comes to retirement benefits, with few being offered the traditional “top-hat” defined benefit plan that used to be as common as a company car and stock options for senior managers. In making this transition away from DB plans, however, some […]