Practical HR Tips, News & Advice. Updated Daily.
Three monthly measures of defined benefit pension plans’ funded status slipped or remained flat in February after a strong start to 2013, due mostly to weakening interest rates. The Milliman 100 Pension Funding Index, which monitors funding for the U.S.’s largest corporate DB plans, posted a decrease in funded status for the month to 81.5 […]
A federal district court temporarily blocked the U.S. Department of Labor’s (DOL) new overtime rule on November 22, just days before it was scheduled to take effect. The judge who issued the order called the regulation “unlawful” and said such actions should be left to Congress. At the request of 21 states, the U.S. District […]
The National Transportation Safety Board has recommended that legislation be adopted to prohibit the use of cellular phones while driving, especially for inexperienced drivers. For guidance in adopting mobile phone use policies for your organization, see CEA September 2001.
On top of the minimum wage rate hikes enacted last year, a new measure has been introduced in Washington to boost the minimum wage to $7.25 by 2002. The current schedule ups the minimum wage to $5.15 on September 1, 1997, and to $5.75 on March 1, 1998. We’ll keep you posted.
If you don’t get bosses to have your ideas, heaven forfend, they’ll come up with their own. And that spells disaster for both of you. Bill Oncken, late management training guru of Managing Management Time, used to say that managers need to get the boss to have the managers’ ideas. Face it, he said — […]
Following a drop of more than 2,000 points in the Dow Jones Industrial Average in early October, we surveyed our readers to find out whether employers were revising their pay increases planned for 2009. Between October 24 and October 29, we received 518 responses. Below are the results of the survey. (Read the full story […]
Pregnant employees in New York City will soon be entitled to workplace accommodations, thanks to a bill the city’s council unanimously passed Sept. 24. While the Americans with Disabilities Act requires workplace accommodations for employees with disabilities, it does not consider normal pregnancy a disability. According to the bill, the change was necessary because of […]
Today, in a 5-4 opinion, the U.S. Supreme Court outlined a new rule that employers must consider in disputes over the validity of arbitration agreements. More specifically, the Court had to determine whether under the Federal Arbitration Act, an arbitrator or a court has the authority to determine whether an arbitration agreement is enforceable, and […]
The Department of Homeland Security (DHS) has issued a new rule describing the steps an employer must take when it receives a “no-match” letter from DHS or the Social Security Administration (SSA). The rule takes effect on Sept. 14, 2007.
If you’re looking for a free or low-cost way to boost your employee benefit package, a transportation spending account may be the way to go. These programs involve some administrative burdens, but they can result in income tax savings for employees and FICA tax savings for both you and your workers. Until now, many employers […]