Practical HR Tips, News & Advice. Updated Daily.
Employers may not feel much of an administrative burden from the new “starter” retirement savings accounts announced Jan. 28 in President Barack Obama’s State of the Union address, but those opting to participate should be prepared for employees’ questions about the My Retirement Account or “myRA” program ahead of its launch late this year. While […]
Once a terminated employeehas signed a release promising not to sue and has cashed theirseverance check, you probably think you are free from their legalclaims against you. In most cases, you’d be right. But you couldbe in for an expensive surprise if the employee is 40 years orolder and your paperwork isn’t perfect. That’s because […]
Fiduciaries of 401(k) plans were reminded by a recent court decision that it’s best not to accept financial consultants’ investment advice for a retirement plan’s assets without careful scrutiny. At the same time the case, which raised other issues important to managing defined contribution plans, resulted in several rulings in the plan sponsor’s favor. Facts […]
Governor Gray Davis has just signed new legislation that requires employers to allow workers to use sick leave not only when they are ill, but also to care for a sick child or other family member. The law means many workers can now take paid time off – without being sick themselves – when, for […]
As employers continue to load more health care expenses onto workers, more than half (53%) of employees are still choosing a major medical plan based on factors that may have little to do with the total cost of health care for which they are increasingly responsible.
In recent years, pension benefits have come under increased scrutiny amidst allegations that benefits are often miscalculated and thus underpaid.
As mentioned eralier, race discrimination charges continue to dominate the employment discrimination charges received yearly by the EEOC. And headlines frequently announce new race bias lawsuits, big verdicts, and settlements. Here are 10 tips you can use to avoid race bias problems in your workplace and stay out of court:
By Jane Meacham The funded status of the average U.S. corporate pension plan slid to a record low in July, according to several measurements of the health of the plans’ finances. Funding status of the typical plan surveyed for BNY Mellon Pension Summary data touched a low of 68.7 percent, off 2.9 percentage points from […]
By Geetha Adinata, Ford & Harrison LLP Another domino has fallen in the changing landscape of immigration law. Following in the footsteps of states such as Arizona, Georgia has passed legislation addressing the issue of illegal immigration within its borders. Last week, the Georgia Senate adopted and amended HB 87, which includes numerous provisions that […]
What legal right do bosses have to monitor their workers’ communications, especially when sent through new technologies? The answer (as usual) is: It depends. Yesterday’s Advisor briefed you on the subject of electronic surveillance of your employees. We summarized the pros and cons of looking at your employees’ e-mails, instant messages (IMs), and other communications, […]