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News Notes: Incomplete Summary Plan Descriptions Can Be Costly

Auto parts manufacturer Kelsey-Hayes Co. gave employees a summary plan description of their employee benefits plan stating that health insurance would continue at no cost when they retired. The summary didn’t mention the company had the right to modify or terminate benefits, even though the master health care plan paperwork did. Later, when Kelsey-Hayes informed […]

H-1B Visas Still Available for 2010

In a remarkable about-face from the past few years, the United States Citizenship and Immigration Service (USCIS) announced today that after a week of receiving petitions for H-1B nonimmigrant visas, the 65,000 cap for the coming fiscal year hasn’t been reached. For the past several years, the USCIS has received far more petitions for H-1B […]

GOP Emphasizes Job-hindering Aspects of Health Reform Mandates; Feds Clarify Employer Guidance

In spite of its one-year suspension of the employer mandate under health care reform, the government added implementation and compliance materials for employers to government websites. Meanwhile Republican legislators attacked not only reform’s revenue and penalty collection functions, but also its definition of full-time employees as 30 hours per week, saying it must become 40 hours a […]

Student Loan Holders Would Greatly Value Employer Assistance

A new survey has found that many student loan borrowers in the U.S. would prefer to work for a company that offers student loan management help as part of their benefits package. The survey was conducted among 1,000 individuals with student loans by Iontuition Inc., a member of the Ceannate companies that helps students and […]

The Heath Care Reform Summit and the Future of Reform

Days after President Barack Obama released his own health care reform proposal, he presided over a health care reform summit on Thursday that both Democrats and Republicans attended. The summit was supposed to help the parties find common ground on the issue of health care reform and allow them to discuss their views. Although the […]

Single Key to Attracting the Best Hires

In yesterday’s Advisor, we covered the indispensable role of the job description in attracting the best candidates. Today, how to prepare for the critical job interview, and some great news—your job descriptions are already written. The Interview—it’s not a time to chat and visit, it’s a time to dig and investigate. Preparing is a two-step […]

HR Departments in Flux—What Are Best Practice Companies Doing?

HR is changing and HR departments have to keep pace—HR’s taking on a greater role in strategy, HR’s outsourcing, HR’s on the move. What’s happening to HR departments out there in the real world? Let’s ferret out best practices. For years, BLR® has surveyed HR and compensation/benefits professionals to find trends in policy and practice. […]

Hot List: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on March 21. 1. The Big Short: Inside the Doomsday Machine by Michael Lewis. The people who saw the real estate crash coming and made billions from their foresight. 2. The Tipping Point: How Little Things Can […]

Family Leave: New Law Creates Paid Family Leave Program; What You Need To Know

A newly signed piece of legislation that has drawn much attention—S.B. 1661—makes California the first state in the nation to have a paid family leave program. Fortunately, you’ll have time to get ready because employees can’t begin to collect the family leave pay benefits until July 1, 2004. To help you get started, we’ve laid […]