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In response to the highly publicized corporate accounting scandals involving Enron, WorldCom and a host of other companies, President Bush recently signed into law the Sarbanes-Oxley Act, creating tougher new rules for auditing and financial disclosures at publicly traded companies and for protecting shareholders’ interests. The new law also has some serious implications—including both civil […]
A federal appeals court has ruled that a pre-employment strength test administered to applicants for jobs at Dial Corporation’s Armour Star sausage-making plant in Fort Madison, Iowa, discriminated against women. The decision upholds a lower court ruling last year ordering Dial to pay $3 million to a group of women who were rejected for hire […]
Workplace violence is a serious threat to American employers and employees. Although homicide in the workplace has steadily declined since 1994, it is still the fourth leading cause of workplace fatalities in the United States. In addition, the Bureau of Labor Statistics reported that in 2006, more than 22,000 employees in private industry missed days […]
Sen. Charles Schumer (D-N.Y.) said that he was planning to introduce a bill to make permanent the parity between parking and transit tax breaks. Schumer argues that programs that make commuting less expensive should be protected, particularly in a time of economic hardship. The matter strikes close to home for Schumer, since his constituents include […]
Over the last several months, we’ve witnessed increased attacks by the federal and state governments over employers’ diversity, equity, and inclusion (DEI) efforts. It seems that the National Football League (NFL) is the most recent organization to find itself in those crosshairs. The Rooney Rule In 2003, the NFL adopted the Rooney Rule at the […]
Just a few years ago, it would have been almost unheard of for someone to list the ability to grow, identify, or recommend different strains of cannabis as a job qualification, but the times are a changin’!
The U.S. Department of Labor has announced two sizable overtime settlements with Southern California employers. VCI Telecom Inc., an Upland telecommunications company, has agreed to pay $1,074,375 to settle charges levied by the DOL for not paying overtime to 227 employees. And flooring and tile company Lambard Inc., based in Ontario, will fork over $228,156 […]
by Bill Duvall At the best of times, employer-sponsored pension plans bring with them thorny administrative and legal problems. These issues multiply in an economic environment in which many such pension plans face funding problems while employers seek to reduce their costs. Many employers have attempted pension plan amendments to reduce funding pressures. One such […]
According to author and entrepreneur Jason Fried, work is a terrible place to get work done. One of the biggest problems? Managers.
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