Practical HR Tips, News & Advice. Updated Daily.
The Pension Benefit Guaranty Corporation (PBGC)—the federal agency that insures pension benefits for millions of Americans—has published a final rule requiring sponsors of defined benefit pension plans to electronically file their annual premium declarations. Effective July 1, large plan sponsors (those with 500 or more participants) must file premiums electronically for plan years beginning on […]
Each year we survey our readers to find out more about them – and let them find out more about each other. Most of you wear many hats and compared to previous years’ results a number of you appear to have added more in 2009. At the same time, many of you have fewer people […]
Note: There is no E-pinion today as we’ve reorganized the week a bit to deal with the holiday. Bob Brady will return next Friday with an E-pinion on how to handle pay increases for new employees who do outstanding jobs. As we saw in yesterday’s Advisor, new technology has generated a string of issues in […]
As part of the new stimulus package, many workers will be seeing a little extra cash in their paychecks beginning this month—in the form of a reduced federal income tax withholding called the Making Work Pay Tax Credit. For employers, this means that payroll calculations need to be adjusted to ensure that the lowered withholding […]
Regardless of whether your workplace has a formal diversity policy, it’s often hard to determine how and when race can be used as a criterion for hiring decisions. Two major new U.S. Supreme Court decisions offer some guidance. Although the cases deal with university admissions rather than workplace hiring, the court set out standards for […]
These new figures lower the benefits cost estimates, based in part on savings from last year’s reforms and AB 749. In other workers’ compensation reform news, Gov. Schwarzenegger continues to press the assembly for action by threatening a January ballot initiative to take the issue of workers’ comp reform to the voters.
When Municipal Resource Consultants (MRC) tried to compel former employee Nicholas O’Hare to arbitrate a wrongful discharge and age-bias lawsuit, O’Hare contended the mandatory arbitration provision he signed wasn’t fair. The agreement required him to arbitrate all claims against the company, while it permitted MRC to file a lawsuit against him for injunctive relief. A […]
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 […]
Video game retailer Electronics Boutique of America has agreed to pay $950,000 to settle a lawsuit filed in a Los Angeles court charging the company misclassified managers in the retailer’s California stores as exempt from overtime. The lawsuit charged that managers regularly worked overtime without additional pay and spent more than 50 percent of their […]