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Where’s the Public’s Breaking Point on Exec Pay?
Shareholders are voicing their disapproval over excessive executive pay. HR managers need to know the public’s “breaking point” for each pay element, says consultant Kurt Fichthorn. Fichthorn, who is vice president in the Philadelphia office of the Hay Group, offers the following chart to clarify what employers want and how it compares to what the […]
News Extra: Controversial New Rule Published on Coordination of Retiree Benefits
After much back and forth, the EEOC just last week issued regulations letting companies offer lower health benefits to those age 65 and over than they do to those younger. Here’s the report on this important development, first published on our subscription website, HR.BLR.com. The U.S. Equal Employment Opportunity Commission (EEOC) has published a final […]
5 Steps to Increase the Payback on Your Training Dollars-HR Daily Advisor-BLR
Here are the steps you need to take to make sure your employee training is always successful and cost-effective: Make training an ongoing process, and reassess training needs frequently to make sure you’re meeting today’s needs, not yesterday’s. Encourage employees to talk about their training needs and request additional training. Provide employees with opportunities to […]
Executive Order creates new compliance requirements for federal contractors
On July 31, President Barack Obama signed an Executive Order “to promote economy and efficiency in procurement by contracting with responsible sources who comply with labor laws.” The order will apply to new government contracts worth more than $500,000, and according to a White House fact sheet, it will be “implemented on new contracts in […]
Holidays PTO Survey: Maximum Weeks Jury Duty Pay
Jury Duty: What is the number of paid weeks per year offered for jury duty? Less that 2 weeks 2-4 weeks 5+ weeks No limit Exempt Employees 269 (33.6%) 127 (15.9%) 9 (1.1%) 386 (48.3%) Nonexempt Employees 266 (33.3%) 123 (15.4%) 9 (1.1%) 376 (47%) Previous Next
Retirement Plans: Proposed Rules Would Protect Employers Converting to Cash Balance Plans from Age-Bias Liability
The Bush administration has proposed rules that would help employers avoid liability for age discrimination when converting traditional pension plans to cash balance plans. We’ll explain what this is about.
Employment Law Tip: Get a Severance Signoff
Employers often use severance pay as a way to fend off possible lawsuits by departing employees. But here’s the catch: if you don’t require the employee to sign a waiver of all rights to sue you in exchange for the severance, you can be sued anyway. Whenever you offer severance an employee is not otherwise […]
Mexican Food Chain To Pay Big For Overtime Misclassification
Handling Whistleblowers: Surprising New Caution On Firing Workers Who Complain
In recent years many employers have been sued for illegally firing or disciplining employees who blow the whistle or gripe about workplace health and safety considerations or an employer’s alleged illegal activity. But now an employer is in hot water for merely deciding not to rehire a contract worker whose employment term had expired. Here’s […]
