Practical HR Tips, News & Advice. Updated Daily.
By Jane Meacham While acknowledging that maintaining traditional defined benefit (DB) pensions has become either too expensive or too burdensome, several Fortune 500 company retirement plan sponsors would like to replicate for their defined contribution (DC) plans some of the efficiencies from their DB plans, according to a new survey report from BNY Mellon.
by Burton J. Fishman In a ruling that could make workplace investigations at unionized facilities all but impossible, the National Labor Relations Board (NLRB) reversed a 37-year-old precedent that protected employees from retaliation. Under the prior Anheuser-Busch standard, employers did not have to hand over witness statements, particularly from employees, to unions in discipline cases. […]
Triton HR and BLR—Business & Legal Resources today announced their strategic partnership Woodbridge, NJ (March 13, 2012) Triton HR, spearheading a complete Web-based HR/Payroll solution in Human Resources management for small to mid-sized companies and BLR®—Business & Legal Resources, helping HR, Safety and Environmental professionals with legal compliance and professional support resources, today announced their […]
Currently, Medicare beneficiaries who have pending claims with third parties responsible for their injuries face settlement delays. The parties cannot determine how much of the settlement is to be used to reimburse Medicare, because Medicare has not been prompt in providing information on the amounts of the benefits it claims to have paid. The result […]
How’s this for a news flash: People don’t like to get fired. And when they do get fired, they look for someone else to blame. Guess who? “You fired me because I’m X (fill in the blank with the name of a protected class).” That’s one lawsuit, but that’s not the end of it. The […]
The renewed decline of funded status for defined benefit retirement plans this year has not led the largest U.S. DB plan sponsors to contribute from their coffers to compensate, a phenomenon that one investment advisory firm attributes to temporary interest rate stabilization. Until this year, corporate contributions to DB plans typically correlated with the plans’ […]
The Equal Employment Opportunity Commission (EEOC) is signaling employers that the agency is expanding its focus on emerging employment issues. And given the drastic change taking place in today’s workplace, the new priorities aren’t surprising, according to an attorney well-versed on the “gig economy” and other challenging employment issues. The EEOC recently announced its updated […]
Ghosts and goblins bedevil the children this Halloween week, but it’s retention that bedevils HR managers. Will counteroffers help retention? In this two-part article, today’s experts say yes, tomorrow’s say no. Retention is once again raising its head as the bugaboo of HR managers. You think you’ve got things settled and then suddenly your best […]
As more and more employers get slapped with wage and hour lawsuits that often challenge exempt classification, it’s becoming critical for employers to take a close look at their own operations and policies to determine what they can do to keep from becoming the next target. Below are some audit tips from attorney Kurt A. […]
Wow, is this tough. I really don’t know whether I can get the words out. Still, I know it’s true, so I have to say it—so, here goes . . . no, no . . . wait. OK, take a breath, calm yourself, and just let people know what’s on your mind: The Cubs are […]