Practical HR Tips, News & Advice. Updated Daily.
The Department of Labor has released new regulations that will require you to revise your summary plan descriptions (SPDs) for pension and welfare benefit plans so they are more detailed than ever. Here’s a look at the information that must be included under the new rules.
Over the last several years, many employers have converted their traditional pension plans to cash balance plans. But according to two recent federal court decisions, these cash balance arrangements may violate the Employee Retirement Income Security Act, (ERISA), the federal law regulating employee benefits.
On October 9 of this year a new federal law—called Michelle’s Law—regarding who’s entitled to health benefits will go into effect. The law is named for Michelle Morse, a New Hampshire college student with cancer who continued with a full course load against her doctor’s advice in order to maintain health benefits under her parents’ […]
The U.S. Department of Labor has announced that National Guard and reserve service members can now file military leave complaints–under the Uniformed Services Employment and Reemployment Rights Act (USERRA)–using a new electronic filing service. This new service is the latest in a series of compliance tools developed by the DOL to help educate employers and employees […]
In yesterday’s Advisor, we got wellness program tips from experts Lynda F. Jeppesen and Travis Dent. Today, how one of their programs works, what results it achieves, and an introduction to the book some call the “Wellness Bible.” Jeppesen and Dent made their comments at the SHRM Annual Conference and Exhibition held recently in Las […]
You know that employees are entitled to reimbursement for work-related expenses. You’ve set up policies and procedures for employees to report expenses and request reimbursement. But what if employees don’t follow your rules? According to a recent federal District Court opinion, that doesn’t matter: They’re still entitled to be reimbursed. 400+ pages of state-specific, easy-read […]
The federal Bureau of Labor Statistics has developed a new tool that allows you to easily search existing wage and salary surveys for specific occupations in different geographic areas. The program is available free on CD-ROM, and the government hopes to put it on the Internet sometime within the next year. To receive a copy, […]
According to the results of a new survey by the Robert Wood Johnson Foundation, business owners and benefits managers whose companies currently pay for at least some health-insurance benefits expect healthcare costs to jump an additional 12 percent over the next year–and they will ask their employees to pay an average of 21 percent of […]