Practical HR Tips, News & Advice. Updated Daily.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
Employers with more than 50 full-time employees must offer health insurance to their employees, as mandated by the Affordable Care Act (ACA). Failure to do so will result in the assessment of an excise tax penalty. This dichotomy is commonly known as the “play or pay” rule under the ACA. The penalty is assessed for […]
While the Affordable Care Act (ACA) contains many provisions, perhaps one of the most discussed is the “play or pay” provision. The ACA’s play-or-pay provision mandates that employers with 50 or more full-time-equivalent employees must offer group health benefits to full-time employees working, on average, 30 or more hours per week, or potentially pay a […]
Although sponsors of group health plans have had their hands full sorting through the still-changing Affordable Care Act requirements, the recent uproar involving AOL CEO Tim Armstrong is a stark reminder of the need to stay vigilant on HIPAA privacy — even as companies wrestle publicly with health care costs. As has been widely reported, […]
As we leave the recession behind, the hot button for HR is going to be retention, says consultant Ronald Katz. HR will have to focus on holding on to your most valuable assets and then on getting the highest effort out of them. Voluntarily Give Their Discretionary Effort Some employees do just enough not to […]
Do not include the following in your documentation, says Wobst: Personal opinions. Rumors or speculation about the employee’s personal life. Theories about why the employee behaves a certain way. (Don’t practice psychiatry without a license.) For example, don’t call an employee “crazy.” Instead, document behaviors. Legal conclusions. (Don’t practice law without a license.) For example, […]
Before you hit the Send key, ask how it might sound to a jury. Is it: Readable? That is, is it easy to understand, legible, and well organized? Professional? Wobst cites the example of a CEO who couldn’t write a sentence without a four-letter word in it. (That ultimately cost the employer $2 million.) Concise? […]
Companies with 50-99 employees that do not offer health insurance to their workers will not be subject to fines for failing to provide coverage until 2016. This gives such mid-sized firms an additional year to prepare health coverage for workers, and that delay adds to the one-year delay in enforcement of the Affordable Care Act’s […]
Yesterday’s Advisor featured BLR Legal Editor Susan Prince, JD’s take on the Department of Labor’s (DOL) wage and hour audits. Today, Prince’s 10 strategies for reducing wage and hour exposure, plus an introduction to SourceCast Sponsored (Free!) Webinar. < Prince’s 10 Strategies The following are 10 great strategies to prevent or handle a wage and […]
While most U.S. retirement plan participants age 60 or older move their assets out of employer plans within five years of leaving a company, they often don’t touch the funds for years after that, a new report by money manager Vanguard found. As a result, Vanguard suggests to plan sponsors, this tendency of older terminated […]