Practical HR Tips, News & Advice. Updated Daily.
Last week, the U.S. Senate passed legislation that would further extend the federal COBRA subsidy created by the American Recovery and Reinvestment Act of 2009. The American Workers, State, and Business Relief Act of 2010 (H.R. 4213), which passed the Senate by a 62-36 vote, would extend the subsidy to individuals who were involuntarily terminated […]
There are 10 key challenges for HR under Dodd Frank and its various “Say on” requirements, says consultant Deborah Lifshey. Although about half are not currently in force, it’s still a significant hassle. The Dodd Frank Act (Dodd Frank Wall Street Reform and Consumer Protection Act) was signed in 2010 as a culmination of efforts […]
The White House felt it proper to refute McKinsey Co.’s health reform study (see yesterday’s post) finding that as many as 30 percent of employers will stop offering health insurance to their workers after reform takes full force in 2014. Deputy Chief of Staff Nancy-Anne DeParle cited three studies saying employers would continue covering workers unabated. […]
For tax years beginning after 2001, a retirement plan can now allow participants who are at least age 50 or older at the end of the plan year to make catch-up contributions to their accounts.
The following is a list of the bestselling paperback business books as ranked by the New York Times on June 8. 1. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. How and why certain products and ideas become fads. 2. The 7 Habits of Highly Effective People by Stephen […]
Remember, the “Where’s the beef?” commercials Wendy’s restaurants began running in 1984? The advertising slogan soon became a catch phrase anytime someone wanted to question the substance of an idea or product. It seems to me, with apologies to my middle school English teacher, “Where’s the jobs?” is an appropriate slogan for the current, so-called […]
A single individual who failed to get health insurance will face a tax penalty of no more than $204 for each month he or she lacked coverage in 2014, the IRS announced on July 25. The maximum amount for a family with five or more members is $1,020 in 2014, the agency says in Rev. […]
by Charles S. Plumb Employers requiring employees to submit disputes to mandatory arbitration rather than filing a lawsuit got a boost from a November 26 U.S. Supreme Court ruling in an Oklahoma case. In the case, two employees of Nitro-Lift, a provider of services to oil and gas well operators, left their jobs to work […]
FedEx Corp. has agreed to shell out a whopping $26.8 million to end a long-running dispute over whether California delivery drivers in the company’s ground unit are independent contractors or employees. Last year, a California appellate court ruled in the case that about 200 ground drivers were misclassified as independent contractors. The drivers had sued […]
As the American workforce ages, the potential for running afoul of age bias laws is increasing for employers. As a result, all employers should consider how they can alter their policies and practices to reduce their risk of getting hit with an age bias suit. One place to begin is to review your hiring practices, […]