Practical HR Tips, News & Advice. Updated Daily.
Today is Martin Luther King, Jr. Day. According to BLR’s 2015 Holiday Practices Survey, 32.6% of employers provide Martin Luther King, Jr. Day as a paid holiday. According to the survey, this percentage has grown slightly over the past few years (30.1% of employers offered it as a paid holiday in the 2012 survey).
Does your organization offer parental leave beyond the Family and Medical Leave Act (FMLA)? Do you offer paid parental leave? Are your parental leave options available for both mothers and fathers?
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 […]
Lambert, who offers payroll training as “The Payroll Advisor,”says that you can’t give payroll auditing over to just anyone who’s free. There are three points that are critical for choosing the auditor. 1. Not the Person Who Does the Job First, says Lambert, you want someone other than the one who does the job to […]
Spooky season is nearly upon us, appropriately heralded in by the much-anticipated sequel to the original Beetlejuice film from 1988. The latest film, Beetlejuice Beetlejuice, welcomes back fan favorites Michael Keaton as the titular character Betelgeuse, Winona Ryder as former goth princess Lydia Deetz, and Catherine O’Hara as everyone’s favorite stepmother, Delia Deetz. It also adds […]
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 […]
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.