Tag: DOL

You Found Compensation ‘Disparities,’ Now What?

It’s important to recognize that you need to be able to document an employee’s compensation history, not just their current salary, says consultant Judith Mickey. Look at the employment lifecycle:  Start rates (identify overqualified applicants) Pay increase documentation Pay decrease documentation Wage freezes, etc.  Mickey, of HR Consultants, Inc., offered her comments at the recent […]

Fed Agencies Packing in More PPACA Health Reform Rules

When it comes to implementing health reform, the federal government agencies definitely are not taking a summer vacation. Just this week, new rules on communicating health plan information to consumers, health insurance exchanges and premium tax credits have been issued. Here’s a quick list: 1. Communicating health plan information. The U.S. Departments of Labor, Health […]

Catch Me If You Can Compensation? DOL Says ‘I Caught You’

“There is a dramatic increase in wage and hour lawsuits,” says Contacos-Sawyer (and the recent Wal-Mart decision probably means an even greater increase). At her presentation at the recent World at Work Total Rewards Conference in San Diego, Contacos-Sawyer, president of HR Consultants, Inc., was joined by colleagues Polly Wright and Judith Mickey.  What About […]

OSHA Beefing Up Whistleblower Program

The Occupational Safety and Health Administration (OSHA) has announced changes aimed at strengthening its protection of employees who report suspected unlawful activity on the part of their employers. The plan to correct problems with the Whistleblower Protection Program comes after OSHA conducted a top-to-bottom review prompted by audits of the program by the Government Accountability […]

Declining Retirement Plans: Will There Be More Fiduciaries in the Future?

Plan sponsors who watched their retirement investments get buffeted by recent recessionary storms have had few ERISA remedies against broker dealers who led them to poor-performing funds. The sole recourse under ERISA for plan members was to sue the plan sponsor who relied on the advice, rather than against the professional financial expert who gave […]

Did You Know COBRA Notices Make Good Wedding Gifts?

COBRA Administrators: No need to order gifts off a wedding registry for soon-to-be-married employees — just print out and present to the couple a copy of the general/initial notice for COBRA continuation coverage, according to COBRA expert Paul M. Hamburger, Esq. Well, before you take this too seriously, some context is necessary. Hamburger, contributing editor […]

DOL Issues Final Rule Extending Fee Disclosure Timetable

It’s now official: The effective dates regarding fiduciary and participant fee disclosure regulations for retirement plans have been extended. The U.S. Department of Labor (DOL) has issued a final rule (which becomes effective July 15) providing that: Fiduciary-level Fee Disclosure Regulation: The effective date for the interim final rule is extended from July 16, 2011, […]

Claims Appeal and Review Obligations Relaxed for Plans, Insurers

Plans and insurers will have an easier time complying with health reform’s internal appeals and external review rules, under rules issued today by the U.S. Departments of Labor, Treasury and Health and Human Services. The changes, such as dropping the requirement for plans to display diagnosis and treatment codes on initial and final notifications of […]