Practical HR Tips, News & Advice. Updated Daily.
Under federal employee benefits law, fiduciaries of employee benefit plans must administer and manage their plans prudently and in the interest of the plan’s participants and beneficiaries. In carrying out these important duties, plan fiduciaries often rely heavily on pension consultants and other professionals for help. But sometimes these consultants fail to disclose potential conflicts […]
By Stephen D. Bruce, PHR Managing Editor, HR Daily Advisor Just My E-pinion For years, BLR® has surveyed HR and benefits professionals to see what benefits they are actually offering. This year, we have expanded our survey program by conducting a series of brief, targeted benefits surveys. Today’s topics: Benefits Communication. (Survey results will be […]
A new study by the Kaiser Family Foundation reports that during the first five months of 2002, health insurance premiums for employer-sponsored plans rose by 12.7%. This represents the fastest rate of increase since 1990, when rates jumped by 14%. The study showed that employers are bearing the brunt of the recent increases, and that […]
By a vote of 5 to 1, the California Senate Committee on Labor and Industrial Relations has approved a new bill, SBX4 1, to repeal the recent workers’ compensation reform measures (AB 227 and SB 228) set to take effect Jan. 1, 2004. The repeal measure will now go before the Senate Appropriations Committee.
The Internal Revenue Service has issued new materials to help small businesses and plan administrators understand how to maintain the tax-favored status of employee retirement plans. A pamphlet explains the various correction programs operated by various federal agencies, and a CD-ROM includes more detailed information on the correction programs, guidance on qualification requirements and self-audit […]
The federal Department of Labor has found that Sun Microsystems in Santa Clara failed to comply with a rule requiring posting notices regarding hiring workers under the H-1B visa program. The DOL has now ordered Sun to display the notices, but hasn’t assessed any penalties or fines because it found that the posting violations weren’t […]
Proposed revisions to Family and Medical Leave Act regulations will not be issued until March 2005, according to the latest regulatory agenda from the Department of Labor. Originally, the Bush administration announced it planned to unveil the revisions in January 2003. The changes to the 1993 leave law have lagged as the DOL repeatedly extended […]
According to the annual Performance and Accountability Report released in November, the Equal Employment Opportunity Commission (EEOC) finished fiscal year 2011 with a 10 percent decrease in its pending-charge inventory, the first such reduction since 2002. At the same time, the agency achieved the highest-ever monetary amounts through administrative enforcement, and it received a record […]
The Equal Employment Opportunity Commission has published a practical new guide to the Americans with Disabilities Act. The guide is geared toward small employers, but contains useful information regardless of employer size. Topics covered include: who is protected; avoiding mistakes during interviews; what questions you can ask about a medical condition; and more. For a […]