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Bulletin Item: Financial Accounting Standards Board (FASB) Proposes Change In Existing Reporting Requirements For Stock Options

Under the FASB’s proposal, all forms of share-based payments to employees, including stock options, would have to be reported as expenses on corporate financial statements. Current rules require that the fair value of stock options be disclosed only in financial statement footnotes. For more information, go to the FASB website.

Declining Retirement Plans: Will There Be More Fiduciaries in the Future?

Plan sponsors who watched their retirement investments get buffeted by recent recessionary storms have had few ERISA remedies against broker dealers who led them to poor-performing funds. The sole recourse under ERISA for plan members was to sue the plan sponsor who relied on the advice, rather than against the professional financial expert who gave […]

Does Your Wellness Program Need a Checkup?

A majority of Americans agree that lifestyle choices such as smoking and exercising directly affect the cost of their health care, yet 44 percent do not think they should have to pay for health care. What gives? A recent survey revealed that employees do see a connection between their behavior and their health, and they […]

Employment Law Tip: What to Do When Employees Complain

An employee comes to you with a complaint of sexual harassment—or perhaps an allegation that a co-worker is violating company policy. Or maybe a worker reports that an expensive piece of equipment is dangerous and needs to be repaired. How you respond to these scenarios can make the crucial difference between a prompt resolution of […]

Employment Law Tip: When Is Accommodation an Undue Hardship?

If a disabled employee needs an accommodation so he or she can continue to perform the job, you don’t have to provide any accommodation that would be an undue hardship for you. Generally, undue hardship means that providing the reasonable accommodation would result in significant difficulty or expense, based on your resources and the operation […]