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Plan sponsors regularly handle situations that arise from a deceased participant’s failure to designate a beneficiary for his or her employer-sponsored retirement account. A private letter ruling (PLR) from the Internal Revenue Service (IRS) earlier this year could provide some insight into the agency’s thinking about allowing surviving spouses to roll over a deceased participant’s […]
When it comes to crises, there are a few truths. First, a crisis can take many and unexpected forms. Preparing for one may not help you should a different crisis occur. Second, it’s just a matter of time before your organization is beset by one or more crises. What distinguishes those organizations that survive crises […]
Gone are the days when monitoring an employee’s performance was only about assessing the output or results they produced. Organizations today are increasingly focusing on the input side as well—how an employee does what he or she does, how much time is spend on what the job, and how much time is taken up by […]
The term “over-under” is often used in the gambling world. An over-under bet is a wager in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of the two teams), and individuals will wager that the actual number in the game will be either higher or […]
A Kentucky federal court recently allowed a former employee’s claim of harassment based on his atheism to proceed but rejected his claim of harassment based on his coworkers’ beliefs about his sexual orientation.
Gillihan, who is Counsel in the Atlanta office of Alston & Bird LLP, made his suggestions at a recent webinar sponsored by BLR/HRHero. Complying with the Women’s Health Preventive Care Requirement First of all, employers should already be complying with women’s health preventive care requirements, in effect January 1 for calendar plan years, says Gillilan. […]
According to Compass Intelligence research, the wearables market will reach $8.5 billion by 2020 and will grow at a compound annual growth rate (CAGR) of a whopping 139%. And a huge portion of that growth will be due to the increasing rate at which employers will be implementing wearable technology in the workplace over the […]
Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.
Does your compensation program have a solid foundation? It does if you took the time and made the effort to develop a compensation philosophy.
Wage and hour compliance is an area that can trip up even the most diligent employers under the best of circumstances—let alone during a global pandemic when you’re trying to keep employees healthy, safe, and employed.