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EBSA Releases Final Rule on Fee Disclosures (extends effective date to July 1)

The U.S. Department of Labor (DOL)’s Employee Benefits Security Administration (EBSA) issued the final rule for pension and 401(k) plan fee disclosures on Feb. 2. The announcement was jointly made with the U.S. Department of Treasury, which issued a proposal at the same time to reduce regulatory burdens on retirement incomes. Secretary of Labor Hilda […]

Proposed Health Plan Identifier Could Cost Plans More Than $1B

A standard health plan identifier proposed by the U.S. Department of Health and Human Services (HHS) could cost health plans a total of up to $1.3 billion to implement. The proposed rules, released April 9, would establish a unique health plan identifier (HPID) for HIPAA-covered health plans (both group health plans and insurers), and an […]

IRS Hearings on Governmental Plan Status Set for July 9-10

As noted in this earlier blog post, the IRS and Treasury Department recently issued proposed rules that they hope will better define governmental plan status. They’ve been seeking comments from the governmental plan community and now have scheduled public hearings on the matter on July 9 and 10. Both public hearings will take place 10 […]

The Truth About Hiring the Best

Employment law attorney Michael Maslanka reviews the book The Truth about Hiring the Best by Cathy Fyock. The review highlights a few of the book’s truths about hiring, interviewing, and dealing with employee relations. Looking to pick up the latest thinking on hiring? Pick up The Truth About Hiring the Best (Truth About), a quick […]

Business Travel: Can You Help Us Sort Out Nonexempt Travel Time Pay?

We’ve got issues regarding nonexempt travel pay. Many of our nonexempts travel, typically leaving their homes on Sunday afternoon for an all-day Monday meeting, and then returning home late Monday night. In addition to reimbursing their travel expenses, what pay do we owe them for the travel on Sunday afternoon and Monday night? Is it […]

Great Employee … for Another Job

Does “right person, wrong role” sound familiar? It turns out the situation is fairly common.

Are the Contents of Your Vending Machines Trendy?

According to a new report, there are some food trends that could have your employees gobbling up the contents of your vending machines. Today’s food world is a vastly different place than it was just 4years ago, thanks to a variety of forces that have reshaped our attitudes and behaviors about food. These forces have […]

Treasury Department finalizes rule on hiring women, minorities

by Judith E. Kramer The U.S. Treasury Department has issued a final rule requiring that any entity that enters into a contract with the department make good-faith efforts to include minorities and women in its workforce. The new rule goes into effect April 21. The requirement grows out of the 2010 Dodd-Frank Act, which states […]

President’s budget reflects administration’s labor and employment priorities

by Judith E. Kramer and Daria H. Hafner President Barack Obama has submitted to Congress his budget request for fiscal year (FY) 2016, which begins on October 1, 2015. Here are the highlights of the administration’s requests for the U.S. Department of Labor (DOL), the Equal Employment Opportunity Commission (EEOC), and the National Labor Relations […]

Maine’s minimum wage law change going into effect January 1

by Matthew Jacobson Changes to the Maine minimum wage law taking effect January 1 mean that the minimum wage for tipped workers will continue to be $5 an hour instead of rising $1 an hour like the minimum wage for workers who don’t receive tips. Maine voters approved Question 4 on the 2016 ballot. The […]