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Bulletin Item: Overtime and FMLA Changes Coming

The U.S. Department of Labor has announced it will soon release new regulations under the Fair Labor Standards Act to increase the salary level required for exemption from overtime, which was last updated in 1975. The new regulations will also clarify and simplify the existing complex rules regarding the types of job duties exempt workers […]

You’re the Expert: Do you think exit interviews are helpful?

Do you think exit interviews are helpful? We just had a case in which an ex-employee, during the exit interview, accused a manager of discrimination. The manager blew it off, saying, “Oh, she’s just a disgruntled employee who’s letting off steam on her way out,” and nothing came of it. I don’t know whether it’s […]

E-Alert Item: Employment-Related Measures On Gov. Davis’ Desk

Now that Sacramento lawmakers have wrapped up the 2001-2002 legislative session, several employment-related measures sit on Gov. Davis’ desk, awaiting his signature or veto. Among the bills Davis is considering are measures that would establish a paid family leave program, prohibit mandatory arbitration, and create new penalties for health and safety violations.

October Corporate Pension Funding Levels Slip but Stay Above Record Low

Funding gains by U.S. corporate pension plans in September were erased in October, according to data Mercer Investment Consulting Inc. released Nov. 5.  Mercer reports that the aggregate deficit in pension plans S&P 1500 companies sponsored increased by $26 billion during the latest month, to $619 billion. This deficit corresponds to an aggregate funded ratio […]