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RFPs More Popular for Selecting Plan Advisers; Eastern Plans Slower to Adopt

Requests for proposals are overtaking more informal referrals and industry networking as the most common way for retirement plan sponsors to select their advisers. But this increasing popularity is not universal — some plans on the East Coast still have not fully embraced RFPs, a new survey found. And cost wasn’t the main driver for […]

Employment Law Tip: Don’t Forget to Post Voting Rights Notice

A special statewide election will be held on Tuesday, Nov. 8, 2005. Polls will be open from 7 a.m. to 8 p.m. The California Elections Code requires employers in the private and public sectors to allow employees to take paid time off to vote if they don’t have sufficient time outside of work hours, but […]

Stricter Child Labor Laws Proposed

The U.S. Department of Labor has proposed big changes to the child labor regulations under the federal Fair Labor Standards Act. The DOL’s proposed rules would expand the list of jobs considered to be “particularly hazardous”—and off-limits—for 16- and 17-year-olds (and younger workers) to include working at poultry slaughtering plants, riding as passengers on forklifts, […]

Workplace Friendships are Great for Retention

We spend much of our adult lives going to work, and when you don’t like your coworkers, it makes staying at a company extremely difficult. Having workplace friendships is not only great for employee morale, but it’s great for employee retention. And if you can retain your workforce, it saves on having to recruit and […]

Exempt Employees: Labor Commissioner Won’t Follow Federal Docking Rules, Issues Strict New California Standard

Under federal wage and hour law, employees must be paid a predetermined salary to qualify as exempt from overtime. And there are strict guidelines on when salary docking can jeopardize exempt status. When overhauling state wage and hour laws in 2000 with the passage of A.B. 60, California for the first time adopted similar salary […]

Health Insurance 2013—What’s Really Happening?

It’s going to be a crazy year for health insurance—that’s for sure. How are your competitors going to handle it? How do you match up? Let’s find out. Participate in this brief survey and see how your health benefits stack up against those of other successful companies. The survey takes only a few minutes to […]

News Notes: New Guidelines For Federal Contractor “Separate Facility” Waivers

Employers of 50 or more workers with federal contracts totaling at least $50,000 per year must comply with affirmative action reporting requirements enforced by the Office of Federal Contract Compliance Programs (OFCCP). But contractors can seek a “separate facility” waiver from these requirements for their facilities that aren’t connected to the government contract. Now the […]