Practical HR Tips, News & Advice. Updated Daily.
A hospital company accused of using participant funds to pay “excessive fees” for retirement plan administration services agreed to a $32 million class-action settlement and extensive adjustments in the way it selects and reviews the plan’s portfolio. As more participant suits are filed accusing defined contribution plans of overpaying for investment and administration services, it’s […]
On June 30, 2015, the U.S. Department of Labor (DOL) released proposed changes to the overtime regulations of the Fair Labor Standards Act (FLSA). The DOL’s final overtime regulations are due out anytime within the next few months. See how prepared you are to implement the new requirements.
When will people learn that fake worker’s compensation claims will ultimately lead to lawsuits? Hopefully never, because then we won’t have HRSBT! This recent case is no different, but it’s still entertaining!
In yesterday’s Advisor we discussed how high probabilities of employee turnover can damage your company, and what you can do about it. Today we’ll explore one of the most potent tools any company can employ to keep its employees from seeking greener pastures. As we discussed yesterday, a recent survey states that one in three […]
In yesterday’s Advisor we explored how damaging high employee turnover can be, and some ways to combat it. Today we’ll talk about more strategies for ensuring that you don’t have to hire replacements for your current employees any time soon. As we discussed yesterday, a recent survey states that one in three employees is likely […]
Insurance is one of the most common employee benefits employers opt to use to entice top talent to their organization. One such example is life insurance. It’s often quite affordable to provide because employers can get group discounts that are unavailable to individuals acting alone. Therefore, it provides coverage for employees at a lower premium […]
My understanding has always been that only non-exempt employees can clock in and out. Would it be a violation of wage and hour law if a salary exempt employee also clocks in and out?
Momentum is building behind raising the minimum wage, coming at a time when workers at all pay levels are struggling with keeping their heads above water. According to a new CareerBuilder survey, 64% of employers believe the minimum wage should be increased in their state, up from 62% last year.
By Sharon McKnight, CCP, SPHR Trying to find market data for some jobs may seem a little like searching for a needle in a haystack—tedious, time-consuming, and marginally successful. Often, the problem isn’t that no data is available but how we look for it.
For the fifth year in a row, U.S. employees can expect to see a moderate 3.0% median base salary increase in 2016. With human capital concerns the number one issue top of mind for CEOs, the challenge in an era of cost constraints is to engage and retain talent without heavily relying on base salary […]