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Financial Reform’s Hidden Surprise: Diversity Requirements

The Dodd-Frank Wall Street Reform and Consumer Protection Act (also known as “financial reform” or “the Wall Street bill”) made headlines when President Barack Obama signed it into law on July 21. However, many employers probably don’t realize the legislation contains diversity provisions that could affect them if they are contractors, subcontractors, or service providers […]

GAO Recommends DOL, IRS Reduce Plan-to-plan Rollover Barriers

Most of the money contributed to traditional individual retirement accounts comes from rollovers, but the choices involved in moving 401(k) savings to an IRA or from one employer-sponsored plan to another should be made easier and more efficient. That’s the finding of the  U.S. Government Accountability Office in its latest report, “401(K) Plans: Labor and […]

Retirement Plans: Major Changes to the 403(b) Rules; How to Prepare

Section 403(b) of the Internal Revenue Code is undergoing its most significant changes in decades. The IRS has issued final regulations for retirement plans governed by Section 403(b) and maintained by nonprofit and tax-exempt organizations and public schools for their employees’ benefit. The plans may be funded through annuity contracts issued by an insurance company, […]

Subject Line: Your How-To Guide: Things to Do Before and After the Training & Development Summit (Part 1)

Topic: Training & Development Summit   The 2018 Training & Development Summit will be here before you know it. It provides professionals from a variety of industries many opportunities to network with peers, meet with solutions providers, attend world-class workshops, and more.   If you really want to get the most you possibly can out […]

“No-Match” Rule Officially Dropped

The U.S. Department of Homeland Security has officially dropped the controversial “no-match” rule, which required employers to fire workers if there was a discrepancy between a worker’s Social Security Number (SSN) and official government records. The rule also imposed penalties on employers who didn’t fire employees if the discrepancy wasn’t quickly explained.

Employment Law Tip: What Makes a Good Interviewer?

Hiring the right people is key to a company’s success. And the job interview is one of the most important ways you can assess whether someone is a good fit. So how can you get the most out of interviews? A good place to start is to ensure that the interviewer has the right skills […]

There’s No ‘I’ in ‘Team’ — FLSA ‘Executive Exemption’ Doesn’t Require Independence

Do employees who oversee different teams within a company that perform the same job, in the same location and at the same time as other teams, fall into the category of an “executive” under the Fair Labor Standards Act? Recently several employees argued that their responsibilities were so standardized that they did not fall under […]

Arbitration: High Court Says Employers Can Require Workers To Arbitrate Employment Disputes; Make Sure Your Agreements Will Hold Up

State and federal courts have grappled for years with the question of whether employers can compel workers to submit their employment disputes to arbitration. Now, in a major victory for employers, the U.S. Supreme Court has cleared up the confusion, giving employers the go-ahead to use mandatory arbitration agreements. The high court decision, coupled with […]