Practical HR Tips, News & Advice. Updated Daily.
Smaller businesses often don’t have the resources to create their own workplace policies, and often do without. The good news is that they no longer have to. A recent Daily Advisor article talked about the problems businesses have faced from the new practice of employee blogging. This writing of personal diaries on the Internet, for […]
The Pension Benefit Guaranty Corporation (PBGC) is reducing penalties for late payment of premiums in an effort to reduce regulatory costs and make it easier for plan sponsors to maintain traditional pension plans.
Businesses aren’t the only ones stressed and anxious about these difficult economic times. Employees (and their families) are also feeling the effects—and many employees are facing very serious financial problems such as burdensome debt, lost income, bankruptcies, and foreclosures. Employees experiencing increased financial stress at home are likely to have a hard time keeping their […]
The administration doesn’t mind taking the occasional detour on its route to health reform implementation, it seems, perhaps because until the Supreme Court decides on the constitutionality of its “individual mandate” (oral arguments will be March 27), the fate of the law’s employer provisions has to be considered uncertain. Backpedaling also may be occurring with […]
With the enactment of the Pension Protection Act of 2006 (PPA), plan sponsors were given a freedom they didn’t have before. The legislation, which William Arnone of Ernst & Young calls “the most far-reaching legislation impacting benefits since ERISA,” enables plan sponsors to offer employees investment advice without exposing themselves to liability for the outcome […]
As soon as an employee comes to you and says, “I’m being harassed,” you need to address that allegation immediately. It may be that no harassment has actually taken place, but it’s your job to launch a prompt, thorough investigation to find out.
Yesterday’s Advisor reported on the new wave of older workers returning to employment, Today we’ll look at why, even at retirement age, one noted expert says older workers are great workers—and check out a program that writes your policies for you. Charles Wonderlic of the famed employment management and testing firm, Wonderlic, Inc., says that […]
Karla Schikore, a Bank of America employee, resigned and requested a lump-sum payment of her retirement benefits. She swore that she’d mailed the bank a form electing to receive lump-sum benefits more than a year before, as required under the terms of the bank’s retirement plan. Unfortu-nately, the bank said it had never received the […]
Using independent contractors is a way to avoid paying unemployment, Social Security and Medicare taxes, overtime and benefits. However, if an employer is found liable of misclassifying an employee in tandem with committing wage and hour violations, DOL may fine the employer, and the employer may be assessed back wages and taxes. The U.S. Department of Labor (DOL) […]
By BLR Founder and CEO Bob Brady A warm “Thank you” to the 2,800 HRDA readers who responded to our recent survey concerning the effect of the economic slump on your organizations and your departments! Here’s a summary of the results. Smaller Businesses Hit Hardest While the slumping economy is hurting businesses of all sizes, […]