Your Tech Workers Aren’t Like Everyone Else…
They work different hours. They speak a different language. And they’re motivated by different compensation considerations than the rest of your workforce.
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What Concerns HR? Survey Says …
Recent surveys of the profession show few surprises in what concerns HR. The surprises are in what doesn’t concern you as much. As fall is traditionally the time of year when businesses assess their positions and plan for their futures, we thought it might be a good time for a “state of HR” assessment. What […]
Pension Plans’ Funded Status Slipped in February
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 […]
News Notes: Court Gives Go-Ahead to Sex Harassment Lawsuit
The Ninth Circuit has reversed a lower court’s dismissal of an Equal Employment Opportunity Commission lawsuit charging Pasadena-based law firm Reeves & Associates with sexual harassment and pregnancy discrimination. According to the appeals court, a jury could find that a hostile work environment was created because of founder Robert L. Reeves’ alleged sexual jokes, leering, […]
DOL Tip Pool Regs Can Stand, Split Appellate Court Says
By Kate McGovern Tornone, Editor The U.S. Department of Labor’s (DOL’s) limits on tip pools are valid, the 9th U.S. Circuit Court of Appeals—which covers Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington—reaffirmed September 6, denying a request for it to reconsider its opinion on the issue.
PBGC Now Requires Electronic Filings
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 […]
News Flash: Limits On Retirement Benefits To Go Up
Employees will be able defer a maximum of $10,500 to their401(k) plans next year, rather than the $10,000 cap currently in effect, under newcost-of-living adjustments announced by the IRS that go into effect January 1. Inaddition, the maximum annual benefit that can be funded through a defined benefit planwill rise to $135,000 from $130,000, although […]
News Notes: Big Lots Announces Overtime Settlement
Big Lots Inc. has signed off on a $10 million settlement of a lawsuit charging that more than 1,400 managers and assistant managers at the Ohio-based retailer’s California discount stores, including Pic ‘N’ Save and MacFrugals, were misclassified as exempt. The employees charged they spent the bulk of their time performing nonmanagerial tasks such as […]
Personnel Records: Police Officers Can’t Sue Even If Personnel Files Illegally Disclosed
A former Los Angeles police officer sued the city for improperly disclosing his personnel files in the course of a lawsuit accusing him of sexual misconduct with an underage police Explorer Scout. The court ruled that even if Los Angeles failed to follow the strict laws limiting disclosure of police personnel files, the officer had […]
Preventive Care Problem: Less Than Half of Insured Adults Utilize Available Measures
When Cigna Corporation concluded its Preventive Care Survey of insured employees, there were a few results that were surprising and concerning. Perhaps the most shocking was that only 45% of respondents knew that they should have an annual checkup—but 85% knew that their pets should!