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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 […]
In a 14-9 vote, the Senate Finance Committee has approved Senator Max Baucus’ health care reform bill, titled America’s Healthy Future Act of 2009. All the Democrats on the committee and only one Republican voted for the legislation. Senator Olympia Snowe, a Republican from Maine who helped work on the bill and whose vote has […]
By Kyle Emshwiller A 110-year-old woman had been receiving a $36 monthly pension for her husband’s military service. Her husband, a WWI veteran, had died in the 1970s. The woman’s son told NBC News that he applied for a higher veteran survivor benefit amount in 2008. Earlier this year, with the help of a state […]
We’re seeing less and less opportunities in the workforce for entry level jobs, and of the work that does exist, Gen Z wants it to matter. While some think a solution doesn’t exist for everything, Wrench Group’s SVP of Talent Strategy, Julie Anderson, thinks otherwise. The secret? Trade Labor, and their need for new talent. […]
The Obama administration surprised many yesterday when the U.S. Department of Justice asked the U.S. Supreme Court to hear its appeal of a decision by the Eleventh U.S. Circuit Court of Appeals in Atlanta that the health insurance mandate provision found in the Patient Protection and Affordable Care Act (PPACA), the comprehensive health care reform […]
Several federal laws affecting employee health benefits were added last year, including the Health Insurance Portability Act, the Mental Health Parity Act and the Newborns’ and Mothers’ Health Protection Act. To help clear the confusion about these complex regulations, the U.S. Department of Labor has issued a booklet that answers some of the most common […]
In the last Advisor, we considered compensation challenges related to emergency closings. Today: Related hassles and the problem solver thousands of HR pros use to help them through it. In an emergency closure, ordinary procedures are usually disrupted. Here are key processes you need to have in place to keep things going: Notification Notification is […]
In other immigration news, the Department of Homeland Security (DHS) also recently announced that it is drafting a rule that will reduce the number of documents that can be used establish identity and work eligibility in the I-9 process.
Imagine you were to hire everyone who lives in your town. Do you live in a small town? Say 5,000 people? You’ll want to double that number…then multiply that by five. That’s how many people McDonald’s Corp plans to hire on April 19 The addition of 50,000 new hires is part of the fast-food chain’s […]
Health insurance costs. We’ll wager that every employer—and every employee—is concerned. So how are companies coping? Let’s ferret out best practices; what’s working in the real world? For years, BLR has surveyed HR and benefits professionals to find trends in benefits. We appreciate your participation in our monthly series of brief, targeted benefits surveys. Today’s […]