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Danger: Look What DOL Is Sharing with Your Company’s Friends — and Foes

By Wendi Watts You probably know what your profiles on Facebook and LinkedIn look like. But do you know what your organization’s profile on the U.S. Department of Labor’s (DOL) new online database looks like? Attorney David Fortney recommends every employer check theirs out. On the database’s home page, the DOL states that the site […]

Practical Strategies to Engage Hispanic Millennials

Yesterday’s Leadership Daily Advisor looked at new proof of the growing impact of Hispanic Millennials on the workforce. Today we offer three more ways to prepare your company for success in meeting its diverse needs.

Moody’s: Interest Rate Hike Could Lift Pensions to Full Funding by 2018

The first of what is expected to be a series of interest rate increases by the U.S. Federal Reserve on Dec. 16 should start to help defined benefit retirement plans recover from years of underfunding, Moody’s Investor Service said in a report Dec. 14. Pension funding levels for about 670 rated U.S. non-financial corporate pension […]

H-1B visa deadline looms

by Elaine Young Employers wanting to hire foreign workers through the H-1B visa program need to be ready to file petitions with U.S. Citizenship and Immigration Services (USCIS) on April 1. U.S. businesses use the H-1B program to employ foreign workers in specialty occupations that require theoretical or technical expertise in specialized fields. The first […]

Reminder about OSHA Posting Requirement

It’s time to post your Occupational Safety and Health Administration (OSHA) Form 300A, the summary of job-related injuries and illnesses that occurred last year. Unless you have 10 or fewer employees or fall within one of the industries normally excused from the Occupational Safety and Health Act’s (OSH Act) recordkeeping and posting requirements, you’re required […]

Proposed rule spells out paid sick leave requirements for federal contractors

by Tammy Binford The U.S. Department of Labor (DOL) has released its proposed regulations implementing President Barack Obama’s Executive Order requiring paid sick leave for employees of federal contractors. Executive Order 13706, signed on September 7, 2015, will apply to new contracts and replacements for expiring contracts that result from solicitations issued on or after […]

National Employment Law Trends

Last year is ended on a high note, at least in terms of one economic indicator: the nation’s unemployment rate fell to 8.5 percent in December. Despite that good news, many states are still experiencing record unemployment; this rampant unemployment was the number one issue addressed by state legislatures this past year. Here is a […]

Thousands of 401(k)s Fail Nondiscrimination Tests

Thousands of 401(k) plans failed their recent IRS nondiscrimination testing and had to return excess contributions to highly compensated employees because of imbalanced retirement plan coverage, according to research by a 401(k) advisory firm. Almost 60,000, or about 12 percent, of plans reviewed were forced to make “corrective distributions” to HCEs in 2012, the latest […]