Practical HR Tips, News & Advice. Updated Daily.
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 […]
Your new copying machine may be keeping copies of records that have been scanned into the copier’s hard drive. You can’t access those records directly, but someone could remove the drive and copy your confidential records.
Are you classifying your white-collar workers correctly? Are you sure? Getting it wrong can trigger costly penalties and fines. In our exclusive Special Report, “White-Collar Overtime Exemptions Are Revised–and Could Mean Higher OT Costs for You,” we explain what you need to know in light of the recent revisions to the FLSA. We also provide […]
Eye on the Election Here’s the first in our series of “Eye on the Election” posts which are focused on helping employers prepare for post-election changes, no matter who is elected. For today’s topic of likely labor law and NLRB actions after the election we turned to Patricia M. Trainor, J.D., SPHR, BLR’s Senior Managing […]
The following is a list of the bestselling hardcover business books as ranked by the New York Times on February 8. 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 […]
The federal Family and Medical Leave Act (FMLA) and its California counterpart, the California Family Rights Act (CFRA), allow workers to take time off each year to care for their own or a family member’s serious health condition, or to bond with a new child. Employers have complained about certain aspects of the law for […]
This morning, President Barack Obama issued a statement from the White House voicing his support for — and urging Congress to move forward on — the Paycheck Fairness Act (PFA). In the statement, the President referred to the bill as a “commonsense bill” that is one of the key recommendations of the Equal Pay Enforcement […]
A Connecticut-based fiduciary investment adviser agreed in a settlement to pay about $1.3 million to 13 pension plans to resolve alleged ERISA violations related to mutual fund fees the firm received. USI Advisors Inc. made investments in mutual funds on behalf of ERISA-covered defined benefit plan clients and received 12b-1 fees from those funds, according […]
A new U.S. Equal Employment Opportunity Commission (EEOC) rule gives employers some relief regarding their ability to reduce or eliminate retirees’ healthcare benefits once they become eligible for Medicare. Such a reduction or elimination will not violate the Age Discrimination in Employment Act (ADEA), the federal statute that prohibits age-based discrimination, the new rule states. […]