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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 […]
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).
According to the U.S. Census Bureau, President Lyndon B. Johnson was authorized by Congress to declare National Hispanic Heritage Week in 1968. In 1988, Congress expanded the celebration, and September 15 was chosen as the beginning of the monthlong event because it is the anniversary of independence of five Latin American countries: Costa Rica, El […]
4,901: number of pregnancy discrimination complaints filed with the EEOC in 2006, making it one of the fastest growing types of workplace complaints 99.1 million: amount of sex-based discrimination claims paid to plaintiffs 16: Percentage of female corporate officers at FORTUNE 500 companies 9: Number of female CEOs at FORTUNE 500 companies
Recruiting online is fast, easy, cheap, and even fun, but dangers lurk within. This article, and a special May 1 BLR audio conference, will teach you how to navigate around them. Have you done any e-cruiting lately? No, not recruiting. That’s old hat! E-cruiting. E-cruiting, of course, is the buzz word flying around HR these […]
In yesterday’s Advisor, Attorney Christine Walters, SPHR, covered classification and deduction challenges. Today, her take on inclement weather and DOL’s plans, plus an introduction to a unique checklist-based HR audit system. Walters is an independent consultant with FiveL Company in Westminster, Maryland. Her remarks came at the recent Society for Human Resources Management Legal and […]
What’s one of the killer problems with defending wrongful termination lawsuits? When “the story” about why the person was fired is inconsistent. That is, when HR, the manager, and the documentation don’t agree. For example, here’s what happens: The employee’s performance is poor enough that he or she has to be fired. But the supervisor […]
Employers are increasingly offering paid time off for adoptions, according to a new report from consulting group Mercer. The benefit is likely an attempt to meet the needs of a workforce in which the definition of “family” now includes same-sex parents, the firm said. While employees in the U.S. have access to 12 weeks’ unpaid […]
As we reported last month, the California Legislature enacted a sweeping overhaul of the state’s 91-year-old system for compensating workers injured on the job—and Gov. Schwarzenegger quickly signed the workers’ compensation legislation, S.B. 899, which took effect immediately. Employers should soon see savings from the new reforms. The Workers’ Compensation Insurance Rating Bureau has proposed […]