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Asset Rallies May Not Stem Soaring Pension Liabilities, Report Says

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: […]

Connecticut Restricts Using Credit Scores in Hiring

By John Herrington On October 1, Connecticut becomes the most recent state to limit employers’ use of credit histories in employment decisions. The state joins Hawaii, Illinois, Maryland, Oregon, and Washington in making restrictions. The new law – Public Act No. 11-223 – prohibits any Connecticut employer with more than one employee from requiring “an […]

Election results halt minimum wage initiatives in two Maine cities

by Connor Beatty On November 3, voters in Portland and Bangor rejected attempts to raise the minimum wage in those cities. In Portland, voters rejected a proposal that would have increased the city’s minimum wage to $15 per hour. The ordinance would have required all businesses and franchises employing 500 or more employees to raise […]

Since When Is Your Office Surf City?

Yesterday’s Advisor offered tips for controlling surfing on company time; today we’ve got a list of key issues to consider when you write your Internet policy. Here, from BLR’s popular SmartPolicies, are particular topics to consider for your policy on Internet usage: Security. Are all files downloaded from the Internet scanned for viruses? Are hard […]

Holidays PTO Survey: How Sick Leave May Be Used

Sick days may be used by employees to care for (check all that apply):   Dependent Child Parent Other Exempt Employees 418 (92%) 356 (78.4%) 249 (54.8%) Nonexempt Employees 408 (89.9%) 345 (76%) 238 (52.4%)   Previous       Next

Senate Passes Another COBRA Subsidy Extension Bill

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 […]