California Legislative Update: Bills to Keep an Eye On
With everything else you have to do, keeping up with changes in the law can be difficult—especially in California.
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Target-date Funds’ Popularity Heightens Transparency’s Importance
Nearly every defined contribution plan sponsor now offers target-date funds in its participant investment menu, as these funds, often named for the year a participant expects to retire, eliminate the need for employees to construct their own investment portfolio. A recently released white paper about TDFs examines plan fiduciaries’ uncertainly regarding what TDFs should contain […]
Stock Forfeiture Case Now Before Supreme Court
In the March 2008 issue of CWHA, we reported that a California appeals court upheld an employee stock purchase plan that provided for the forfeiture of stock if the employee terminated before two years from the date the stock was acquired. Even though the stock was bought using employee compensation, the appeals court ruled that […]
Market Pricing and Salary Surveys, Part III
Which is better—job evaluation or market pricing? Though many see them as competing processes, a blend of the two offers more benefit because it balances the strengths and weaknesses of each. Click here to read more.
Government Enforcement: Back Wage Collections Up in 2006, DOL Reports
Former Verizon Managers Lose Bid to Block Conversion of DB Plan
Large corporations thinking about transferring hefty defined benefit plan payouts to insurance companies for them to manage now have judicial support for that approach. A federal judge in Texas has denied a bid by retired Verizon Communications executives to block the company from making a proposed shift off its books of $7.5 billion in pension […]
Employee Travel: Protecting Employees Far from Home; A 10-Point Checklist
When business demands send employees around the world, employers face a range of unique safety concerns—political unrest, illnesses such as SARS, and even unfamiliar local customs. And as an employer, you’re expected to extend your umbrella of care as far as your employees go. Although it’s impossible to plan for all possible contingencies, here’s a […]
Consumer Cost Negotiation: Holy Grail of Health Care Cost Control
Yesterday’s Advisor presented Andrew Ceccon’s first five steps for helping employees be better ( and less expensive) healthcare consumers. Today, steps six and seven, plus an introduction to the program that helps companies set up wellness programs with great ROIs. Ceccon, former chief marketing officer at A.D.A.M., a provider of healthcare content and benefits tools […]
U.S. Senate Approves Several Amendments Dealing with Immigration Enforcement
By Hector A. Chichoni On Wednesday, July 8, 2009, the U.S. Senate approved several amendments dealing with immigration enforcement and benefits that were not included in the 2010 homeland security appropriations bill (H.R. 2892) passed previously by the House of Representatives. An amendment introduced by Senator Jeff Sessions (R-Ala) dealing with E-Verify was passed by […]
Bullies in the Workplace, Not Just the Playground
Sixteen states have proposed legislation introduced under the title “The Healthy Workplace Bill.” In 2009, 12 states’ legislatures considered bullying bills but none passed them. The legislation is intended to stop workplace bullying but hasn’t yet been made law in any state. Keep up with the latest changes in state employment laws with the monthly […]