Practical HR Tips, News & Advice. Updated Daily.
The federal Ninth Circuit Court of Appeals has ruled that benefits plan administrators can be sued for failing to adequately advise employees of the terms of a mandatory arbitration procedure for appealing benefits decisions. Laboratory Corporation of America had a health plan with a 60-day time limit for requesting arbitration after an internal claim appeal was […]
Plan sponsors and participants both want to ensure better retirement savings but they often wonder which factor in the process matters most. A study from Putnam Institute suggests sticking with the obvious: The higher the deferral rate during an employee’s working life, the greater the long-term returns. Despite intense focus on fund performance in the […]
As the Principal Financial Group® was conducting its wellness survey (see yesterday’s Advisor), Cornell University was conducting a wellness survey of its own—and demonstrating the importance of assessing needs before implementing. The responses of the 1,400 people who completed Cornell’s survey gave its wellness program clear indicators of where to focus its efforts. It also […]
A new law that goes into effect on Jan. 1, 2008, requires employers to provide a new notice to employees, along with annual wage summaries (such as W-2 or 1099 forms). The measure, A.B. 650, requires all California employers to give all employees written notice of employees’ possible right to take an Earned Income Tax […]
When you offer employee perks, it’s critical to make clear whether the program is a vested benefit or a company bonus that is subject to change or cancellation. Former Hewlett-Packard engineer Mark G. Leonard is suing the high-tech giant, claiming that it cancelled a program to provide thousands of retirees lifetime rebates on its products, […]
If your company is required to file an annual EEO-1 Form with the Equal Employment Opportunity Commission (EEOC), take note that the deadline is September 30, 2007. This year, employers must use the new and revamped version of the form (Standard Form 100, rev. 1/06). The EEO-1 report must be filed annually by employers with […]
Effective August 15, Louisiana will join a growing number of “red” states that have limited employer policies banning guns from the workplace. Under the new law (Senate Bill 51), employers may not prohibit employees from storing “lawfully possessed” firearms in their locked personally owned or leased vehicles while parked on company property. The new law […]
Russell Crawford, the former owner of Valley Building Materials in Canoga Park, was ordered to spend six months in jail plus 10 months of home confinement for embezzling more than $700,000 from employee pension plans. Following a joint investigation by the U.S. Department of Labor and the FBI, Crawford reportedly admitted draining the company’s profit […]
An employer may require its workers to participate in a wellness program in order to receive health insurance benefits, a federal district court has ruled, dismissing a lawsuit brought by the U.S. Equal Employment Opportunity Commission. Granting summary judgment for the employer, the U.S. District Court for the Western District of Wisconsin said it disagreed […]
One of your employees has been copying pornographic images off the Internet and showing them to coworkers. Another has been distributing racist jokes through company e-mail. And others have downloaded some hot new software onto their office PCs, violating federal copyright laws. It’s bad enough these employees are surfing the Net instead of working. But […]