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By Mark Colavecchia and Derek Knoechel In June 2003 George Radwanski, Canada’s federal privacy commissioner, resigned three years into his seven-year term amid parliamentary inquiries into travel and hospitality expenses. Several months later, the auditor general released a report leading to a lengthy police investigation of Radwanski’s expense claims. In March 2006, the former privacy […]
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 […]
More and more companies are jumping on the “green” bandwagon as they see eco-conscious consumers taking steps to live more environmentally sustainable lifestyles. Businesses are now finding that being eco-friendly puts them at a competitive advantage. Use the following five simple steps to extend the eco-friendly spirit to your workplace—it really is easy being green: […]
The IRS recently issued Notice 2007-100, which gives employers an opportunity to correct unintentional operational mistakes concerning nonqualified deferred compensation plans. Internal Revenue Code Section 409A, which covers these plans, specifies the manner in which they must be reported to avoid premature taxation. The notice gives employers the opportunity to self-correct unintentional operational errors—the failure […]
Emergency situations — such as the April 15 explosions during the Boston Marathon — can result in employees performing multiple job duties. For example, a store manager may have spent time cleaning up glass and debris in and around the store. This type of work does not normally qualify as the manager’s duty; however, the […]
There is some persistent confusion over what the implementation of the health reform law means for health flexible spending accounts and health savings accounts. The short answer is that with one exception, employers and plan administrators must follow different steps for health FSAs and HSAs. Understanding these steps is crucial, because the time to prepare […]
Recently we began to explore ways to keep older workers engaged so they are more likely to stay at your company. Today we’ll explore a few more tips for keeping them engaged, including reduced schedules, additional training, and reducing age discrimination.
If it seemed to you that investment and funding decisions for your defined benefit plan in 2012 were at odds with each other, you weren’t alone. In its annual report on DB plans, global employee benefits consultant Towers Watson says that in 2012, once again there were many investment contradictions for U.S. DB plan sponsors: […]
Limits On Use Of Social Security Numbers In July 2002, a law took effect restricting the display of consumer Social Security numbers (SSNs) by California businesses. Although the law wasn’t targeted at the workplace, it had implications for employers’ use and display of worker SSNs. Now a follow-up law, SB 25, will further limit SSN […]