Practical HR Tips, News & Advice. Updated Daily.
This week, President Barack Obama brought together Harry, Louise, and all the other major players in U.S. health care to begin focusing heavily on what can be done to reduce health care costs. So what can employers expect from the proposals and potential legislation? Check out the new free HR Hero White Paper, Health Care […]
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, […]
As older Americans approach retirement, many may be realizing their financial planning isn’t what it should have been. That could mean they need to postpone retirement—or abandon the idea altogether. “Most people don’t spend much time even thinking about retirement,” says Stephen Ng, founder and president of Stephen Ng Financial Group. Ng is also the […]
HRHero is inviting all our HR and business friends to participate in our new HR Feud survey, where you’ll tell your opinion on employment law and HR issues. Then during lunch at the upcoming Advanced Employment Issues Symposium (AEIS), conference participants can see if they can guess the most popular answers to our survey questions. […]
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: […]
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 […]
IBM has agreed to pay $65 million to settle a class action lawsuit charging the computer firm with misclassifying employees as exempt from overtime. In particular, the suit alleges, IBM incorrectly classified technical services professionals and information technology specialists as exempt, even though those positions don’t qualify for exemption under California or federal wage and […]
Under HIPAA, it’s been very difficult to run a company wellness program – until now. If there has been one constant theme in government employment regulations, it’s the battle against discrimination. Anything that even hints at bias is absolutely prohibited, even to the point, some feel, of being counterproductive. Such has been the case with […]
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 […]
Tyson Foods has agreed to change its religious accommodation policies to settle Equal Employment Opportunity Commission charges that the Arkansas poultry processor discriminated against a worker who watched Sunday church services on television. Tyson fired Afton Bolen from his job as a fryer operator for refusing to come in on Sundays, despite its policy of […]