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Taxes: New Law Requires Earned Income Tax Credit Notice to Employees
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 […]
Retirement Benefits: Many More Employers Offering 401(k) Plans Exclusively
According to an analysis by benefits consulting firm Watson Wyatt, the number of large employers that offer only defined contribution/401(k) plans—and not traditional pension plans—is way up. In 2005, 36 percent of Fortune 100 companies offered 401(k) plans only (not in combination with a traditional pension plan), up from 25 percent in 2004 and 17 […]
You’re the Expert: What suggestions do you have to help managers do a better job with discipline?
We need to help our managers do a better job with discipline. What suggestions do you have for making the process more effective and less adversarial?
News Notes: New Data On Jobs With Most Injuries Requiring Time Off
According to the U.S. Department of Labor’s Bureau of Labor Statistics (BLS), truck drivers and nursing aides were the two occupations in private industry with the highest rate of injuries and illnesses requiring at least one day away from work in 2002. The BLS reports that there were 1.4 million total workplace injuries entailing at […]
State Fund Announces Big Rate Cuts on Workers’ Comp Policies
The State Compensation Insurance Fund (known as State Fund), California’s largest workers’ comp insurer, has announced an average 16 percent rate cut for policies effective on or after Jan. 1, 2006. This is the fifth consecutive decrease since 2004, marking an average cumulative drop of 38 percent for State Fund policyholders. This latest State Fund […]
Hiring Skills Training Program Built Around ‘Must-Have’ Elements
Hiring, like so many other business practices, can be done in a systematic way. Here’s a video program that trains your managers in how to do it right. A few years back, NBC boasted that it was the network of “must-see TV.” It may be a bit strong to say that you “must see” a […]
Most Workers Save Only Enough in Defined Contribution Plans to Equal Employer Match
New research from the LIMRA Secure Retirement Institute reveals that workers from for-profit and not-for-profit organizations will save only enough in their defined contribution (DC) plans to receive the full company match.
Low Cost Ways to Show Employees You Value Them
Of course you want to show your appreciation when employees out-perform expectations. A cash bonus? 401K profit sharing matches? Not in the budget this year. Learn inexpensive ways to thank your employees for their hard work and dedication with the free White Paper from HR Hero, Giving Thanks: How to Show Employees They’re #1 Without […]
Up to $3,000 in Monthly Premiums! Why Long-Term-Care Insurance Plan Failed
The Obama administration’s health care reform legislation suffered an apparent casualty last week when the U.S. Department of Health and Human Services (HHS) indicated it wouldn’t pursue implementation of the Community Living Assistance Services and Supports (CLASS) program (also known as the CLASS Act). In a letter to the U.S. Congress about the CLASS Act, […]