Practical HR Tips, News & Advice. Updated Daily.
As defined benefit plan sponsors look harder for ways to cut expenses and lower exposure to market forces that challenge keeping their pension obligations funded, an obvious cost to evaluate is their commitment to lifetime retirement benefits for participants. Nearly 40 percent of U.S. employers with DB plans told Aon Hewitt in its recent 2013 […]
Melissa O’Harra, an Intel employee in Folsom, has filed a class action lawsuit claiming the company misclassified her and more than 3,500 other employees as exempt from overtime. O’Harra has worked for Intel for three years in various positions, including as a business analyst and systems analyst, and in team and project lead positions. However, […]
By BLR Founder and CEO Bob Brady BLR founder and CEO Bob Brady ponders the probable passage of the Employee Free Choice Act and the impact it will have on readers, and he suggests one step all organizations can take today. When candidate Obama was looking for votes, he praised the Employee Free Choice Act, […]
Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, March 7, in the “Business Life” section of the “Business and Investing” category. 1. The Rules of Work, Expanded Edition: A Definitive Code for Personal Success (Richard Templar’s Rules) by Richard Templar. […]
The Ninth Circuit Court of Appeals has affirmed a $3.1 million verdict, including a $2.6 million punitive damage award, for an executive who claimed he was discriminated against and fired because of his Chinese nationality and ethnicity. Wei Zhang, who before coming to the United States was a business and economics professor in China, was […]
A company owner and another manager are not fiduciaries as defined by ERISA and the contributions they failed to make to their employees’ pension plans were not plan assets, the 6th U.S. Circuit Court of Appeals ruled. This decision supports the premise that individual company officials who serve only as conduits for employees’ payments to […]
As every year does, 2008 brings new laws, new regs, and new court decisions to deal with. Here are 6 tips for handling the changes, whatever they are … and an introduction to our new January 30 audio conference, 2008 Legislative Update. New year, new laws and regs! OK, take time to groan, but only […]
Voters in four states—Alaska, Arkansas, Nebraska, and South Dakota—will decide on minimum wage increases when they go to the polls on November 4, and Illinois voters will make their opinion on the issue known in a nonbinding vote. Information on state ballot measures from Ballotpedia indicates: Voters will decide whether to increase Alaska’s minimum wage from […]
By Richard Shaffer Younger workers place the same value on the same benefits as your older workers. Yet research shows there’s a huge discrepancy between what this large-and-growing workplace group wants—and what their employers think they want. (Source: Employee Benefit News Blog).
In a Society for Human Resource Management (SHRM) poll, 66 percent of respondents reported having a hard time recruiting for specific job openings, up from 52 percent in 2011. “The Ongoing Impact of the Recession—Recruiting and Skills Gaps” found that recruiting challenges vary by industry, but highly skilled positions—scientists, engineers, technicians, programmers, nurses, doctors, and […]