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IRS Freezes New DB Lump-sum Distributions for Retirees, Beneficiaries

IRS on July 9 announced that it intends to amend regulations to prohibit defined benefit retirement plans from replacing retiree benefits being paid through joint and survivor, single-life or other annuity benefits with lump-sum distributions or other accelerated payments. The change is effective immediately, IRS said. Notice 2015-49 will amend IRS required minimum distribution regulations […]

HOT LIST: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on August 25. 1. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. How and why certain products and ideas become fads. 2. The 7 Habits of Highly Effective People by Stephen […]

How to Provide a Satisfying Work Experience

In a previous post, we discussed that when companies value and actively cultivate high employee morale, they tend to outperform their competition by 20%. Today, we’ll offer several tips and strategies on how to improve employee morale and candidate experience in your organization by first getting to know your candidates and employees better.

Survey: 80% of Employers Have Maintained 401(k) Benefits

A survey of compensation and HR professionals indicates that 80% of employers have maintained their matching contributions to employee 401(k) plans throughout the recession. What’s more, of the organizations that suspended their match, half say they will consider reinstating it this year. Those are just two of the significant findings revealed by the survey, the […]

Hot List: Bestselling “Organizational Behavior” Books on Amazon.com

Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, February 14, in the “Organizational Behavior” section of the “Business and Investing” category. 1. Thank God It’s Monday!: How to Create a Workplace You and Your Customers Love by Roxanne Emmerich. Consultant […]

United Airlines Forks Out $850,000 in Disability Bias Settlement

An $850,000 settlement was recently announced between United Airlines and the San Francisco office of the Equal Employment Opportunity Commission (EEOC), the proceeds of which will be paid out to a class of United’s disabled employees. The settlement resolves a case filed by the EEOC alleging that United’s overtime policies disproportionately denied disabled employees opportunities […]

Workers’ Compensation Claim for Mental Stress Allowed

By Derek Knoechel and Lorene Novakowski Canadian provinces have workers’ compensation legislation that provides a no-fault system of compensation for injuries suffered on the job. The system covers lost wages, medical aid, and rehabilitation for the injured worker and generally removes the injured worker’s ability to sue the employer. The workers’ compensation system is funded […]

DATA

How GDPR Is Creating Challenges for Employers

Earlier this year, the European Union’s General Data Protection Regulation (GDPR) went into effect. If you are a U.S.-based company, you may be tempted to say, “So what?” But the GDPR’s reach is personal as opposed to geographic. In other words, the GDPR provides protections to individuals, specifically E.U. citizens, no matter where they are […]

BusinessWeek’s Bestseller List

BusinessWeek ranks business books that are the most recent bestsellers and provides a short summary. 1. StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths by Tom Rath. Are you unsure where your true talents lie? Do you feel that you are both a person who gets […]