Practical HR Tips, News & Advice. Updated Daily.
As more 401(k) plan participants look for retirement savings options that resemble traditional pensions, the U.S. Pension Benefit Guaranty Corp. has proposed exempting DC-to-DB rollovers from maximum guarantee and five-year phase-in limits. The agency in early April proposed regulations that would amend its rules on allocation of assets and benefits payable in terminated single-employer plans to clarify […]
Storing employment records electronically involves a whole new set of rules and cautions, compared with doing it on paper. A special October 31 BLR audio conference will tell you what you need to know. As yesterday’s Daily Advisor article on noncompetes pointed out, there are documents that have to do with former employees that can […]
The U.S. Department of Labor has announced that Wal-Mart Stores, Inc. will pay over $33 million in back wages to resolve errors in calculating overtime for 86,680 employees nationwide. According to the DOL, Wal-Mart brought the problem to the agency’s attention after an internal audit raised concerns regarding overtime computations, particularly with respect to incentives […]
When Cigna Corporation concluded its Preventive Care Survey of insured employees, there were a few results that were surprising and concerning. Perhaps the most shocking was that only 45% of respondents knew that they should have an annual checkup—but 85% knew that their pets should!
Does your computer’s spelling function auto-correct “HSA” to “HAS”? Mine used to, not recognizing that this abbreviation is no longer an error, but represents health savings accounts (HSAs), one type of consumer-directed health plan that is fast becoming mainstream in the health benefits industry. Health savings accounts couple a tax-favored savings account that is used […]
In a new case that highlights the growing tension between Silicon Valley’s hip, young atmosphere and older, experienced workers, an ex-Google director whom younger employees called “old fuddy duddy” and “sluggish” has been given the green light by a California appeals court to sue for age discrimination.
We routinely do background checks on our final candidates for employment. Now we’ve got a finalist that we all really like, but the background check revealed a problem credit history. The job doesn’t involve money, but we’re wondering what the credit history might reveal about this person’s character. I want to ask the candidate about […]
Chipotle Mexican Grill has paired up with Guild Education to provide up to $5,250 in tuition reimbursement for employees who enroll with select university partners; employees may also be eligible for up to $5,815 in federal financial aid.
In an important development, the National Labor Relations Board (NLRB) has ruled 3-2 that an employer didn’t violate federal labor relations law by maintaining a policy that barred employees from using the employer’s email system for union activities and other non-job-related solicitations. Join us this fall in San Francisco for the California Employment Law Update […]