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‘Through’ Fund Strategy May Serve Near-retirees Best, Vanguard Says

While most U.S. retirement plan participants age 60 or older move their assets out of employer plans within five years of leaving a company, they often don’t touch the funds for years after that, a new report by money manager Vanguard found. As a result, Vanguard suggests to plan sponsors, this tendency of older terminated […]

News Notes: Unauthorized Access To Employee’s Website Creates Legal Trouble

During collective bargaining negotiations with Hawaiian Airlines, pilot Robert Konop created a password-protected website containing statements critical of his employer and union. Konop sued Hawaiian after learning that a co-worker, who had been authorized to access the website, shared his password with Hawaiian’s vice president, who in turn shared information from the website with an […]

Hot List: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on August 9. 1. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. How and why certain products and ideas become fads. 2. Freakonomics: A Rogue Economist Explores the Hidden Side of […]

Highest minimum wage in nation likely for Washington, D.C.

The final vote hasn’t come yet, but on December 3, the D.C. Council unanimously voted to raise the minimum wage in Washington, D.C., to $11.50 per hour by 2016, well above the $7.25 federal minimum wage. Before the measure is finalized, the council must hold a final vote and send it to Mayor Vincent C. […]

Christmas Eve: Are You Answering Your Blackberry?

The new world of social networking and electronic communications opens all sorts of questions about etiquette, behavior, and life style. In "Available All the Time: Etiquette for the Social Networking Age," Wharton  Professor Nancy Rothbard calls it a "double-edged sword." For example, she says, a Blackberry® can allow parents to attend their children’s soccer games […]

Policy Tips for Religious Accommodation

The following are recommended provisions for creating a policy on religious accommodation: State that your organization recognizes that many employees have varying religious beliefs and practices and that all will be respected. State that the company does not allow religious solicitation or proselytizing of other employees, customers, or vendors on company premises or while an […]