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Bulletin: Wall Street Firm Settles Sex Discrimination Lawsuit

Morgan Stanley has agreed to pay $54 million to settle a class-action lawsuit accusing the banking firm of sex discrimination. The suit was brought in 2001 by the U.S. Equal Employment Opportunity Commission and charged that Morgan Stanley discriminated against women in its Institutional Equity division with respect to promotions, compensation, and other terms and […]

Best Place to Work Builds in Fun, Face-to-Face Time (Video)

Liz Wilson McKee maintains that having fun is a key element of engaging employees. She is the internal communications manager for national law firm Baker, Donelson, Bearman, Caldwell & Berkwitz, one of Fortune Magazine’s “100 Best Companies to Work For in America.” McKee says HR managers should look for opportunities to celebrate. Events can be […]

Holiday Parties Are All the Rage in 2005

According to a new survey by HR consulting firm Hewitt Associates, almost three-quarters (74 percent) of employers are planning to host a party for employees this holiday season. Twenty-seven percent of these employers plan to spend $5,000 or less on their parties, 30 percent will pay between $5,000 and $20,000, and 15 percent will spend […]

70% or More Not in FLSA Compliance

The feds estimate that 70 percent of employers are not in compliance with the federal Fair Labor Standards Act (FLSA). “That’s a gross understatement,” says William J. Anthony, Esq. He suspects that it’s more like 95 percent that are not in compliance with either federal or state laws on wage and hour matters.

Retaliation: New Corporate Corruption Law Protects Whistleblowers; A 4-Point Protection Plan

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 […]

PBGC May Exempt Most Companies, Pensions from ‘Reportable Events’ Rules

The Pension Benefit Guaranty Corp., in a policy reversal, has agreed to exempt most companies and their pension plans from sweeping “reportable events” requirements first proposed in 2009. This news should be a relief for the many small or financially sound companies with defined benefit plans that had expressed concern about reporting relatively minor business […]

Employee Lawsuits: Settlement Using Preprinted Workers’ Comp Release Form Doesn’t Cover Other Claims; Drafting Points

Carolyn Claxton was an office assistant for Pacific Maritime Corp. She filed workers’ comp claims against Pacific Maritime for a slip-and-fall injury and for an injury to her “psyche due to sexual harassment.” She then filed a sexual harassment lawsuit against Pacific Maritime and manager Ray Waters.

Obama Includes Another COBRA Subsidy Extension in Budget

The Obama administration proposed another extension of COBRA premium subsidy benefits on Monday, according to Business Insurance. President Barack Obama included this latest extension in his proposed federal budget for the fiscal year 2011. The proposed extension would reportedly extend the 65 percent premium subsidy to individuals whose employment is terminated between March 1, 2010, […]

Sex Discrimination: Pre-Hire Strength Test Was Biased, Says Court

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 […]