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How to Retain Employees: Managing Your Top Talent

When devising a strategy on how to retain employees, one of the first considerations is top talent management. A recent survey by Manpower’s Right Management group found that more than 50 percent of U.S. employers are already having a tough time filling mission critical positions. That’s an increase of 14 percent from 2010. This underscores […]

Exempt Employees: Docking Errors May Cost Employer $7 Million; When You Can—And Can’t—Correct Docking Mistakes

The rules on when you can legally dock exempt employees’ pay are complex, and it’s easy to make mistakes. For example, if you dock when you shouldn’t, the person could be considered an hourly worker entitled to back overtime. However, under a special federal provision known as the “window of correction” rule, you may be […]

Hot List: New York Times Bestselling Hardcover Business Books

The following is a list of the bestselling hardcover business books as ranked by the New York Times on September 21. 1. Outliers: The Story of Success by Malcolm Gladwell. hy some people succeed — it has to do with luck and opportunities as well as talent — from the author of Blink: The Power […]

Supreme Court Denies Wal-Mart Class-Action

By Megan E. Snyder The U.S. Supreme Court recently handed down a decision in Wal-Mart Stores, Inc. v. Dukes, a landmark case involving 1.5 million female current and former Wal-Mart employees who attempted to challenge the retail giant’s employment practices. Essentially, the women complained that local stores have too much discretion in making decisions about […]

Charity Runs Afoul of Canada Revenue Agency

By Gulu Punia and Jennifer Shepherd Deciding to retain a contractor rather than an employee can be the right decision depending on the needs of a business. But there are risks. If a court determines that the relationship is in fact an employment relationship, the employer can be liable. Such was the case in M.A.P. […]

Forge the Crucial Link in the Antidiscrimination Compliance Chain

Discrimination is a wider issue than most workers realize. Here’s a program that gives them a panoramic view of the problem, so you get wider protection against its consequences. A recent Daily Advisor article discussed the legal aspects of discrimination and how to avoid a lawsuit. The law in this case is pretty clear for […]

Some Self-funded Plans Could Escape Reform Reinsurance Fees

Self-funded plans that are also self-administered will be made exempt from paying reinsurance contributions under the health care reform law for the 2015 and 2016 benefit years, the Centers of Medicare and Medicaid Services said in final program integrity rules. The promised relief will occur in future rulemaking, according to the preamble of the program […]

Outstanding Plan Loan Amounts Grow, Fidelity Reports

The percentage of 401(k) plan participants borrowing from their retirement accounts has remained steady amid record levels of savings in the accounts, but one data point from Fidelity Investments’ latest quarterly analysis of the thousands of accounts it manages could be cause for concern. According to the retirement plan administrator for 13.5 million 401(k) participants, […]