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DOL Replaces Q&A to Clarify Brokerage Windows Policy

By Jane Meacham The U.S. Department of Labor on July 30 quickly revised its field assistance bulletin on retirement plan fee disclosures to clarify a contested question’s impact on so-called brokerage windows and self-directed accounts, which allow plan participants to select investments beyond those designated by an employer-sponsored plan. In the clarification, a new question […]

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

If You’re Just Complying, You Get a “D”

By Clark PhinneyJust My E-pinion “Just meeting the regulatory requirements is like asking your kids to only get a ‘D’ in school,” says compliance expert Clark Phinney. It’s a simple observation he heard a few years ago that seems to say it all about attitudes toward compliance. “…like asking your kids to get a D.” […]

NLRB ratifies some actions taken with recess appointees

The National Labor Relations Board (NLRB) has announced that it has ratified some of the actions it took while it was made up of mostly recess appointees who have since been judged to be invalid. However, the ratification likely won’t have any effect on the cases decided during that time, according to John P. Hasman, […]

Minimum Wage Cranks Up Again. Do You Have the Correct Posters Up?

The latest increase in the minimum wage happens soon, and a big change in FMLA is in effect now, so you’d better have posters reflecting the changes (which include a new FMLA “poster insert”) in a prominent place.  Here’s a low cost, worry-free way to take care of it all at once. Why think about […]

Bulletin Item: DOL Releases Long-Awaited Overtime Exemption Rules

On April 20, the U.S. Department of Labor released the final and long-awaited changes to the white-collar overtime exemption rules under the Fair Labor Standards Act (FLSA). The final version, which takes effect in late July 2004, contains some big changes from the earlier proposed version, including expanding the pool of employees eligible to receive […]

3 Avoidable Errors That Could Upend Your Employees’ Retirement Plans

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 […]

Can Metrics Really Measure HR?

It may take bit of a leap to embrace metrics, but once you do, the benefits are almost immediate, says HRMetrics.org. And if you don’t provide management with metrics, watch out for your job. HRMetrics.org, an organization that helps organizations measure HR, offers two very pragmatic reasons that metrics make sense: 1. Measuring—just the act […]