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Trustee Stuck Holding Fiduciary Bag for Service Agreement Terms

Retirement plan sponsors that have agreements with service providers should be aware of a recent appellate court decision that absolved such providers of fiduciary duty — if a plan trustee exercised final control over the terms of their agreement. Background In Santomenno v. John Hancock Life Insurance Co., 2014 WL 4783665 (3rd Cir. Sept. 26, […]

What Are You Doing to Stay in Touch with Employees ‘On a Break’?

Employees leave companies for a variety of reasons, and many are not necessarily permanent. Some employees may move for a significant other or may pursue a long-shot opportunity that doesn’t ultimately pan out. Others may take time off to raise a family or care for a loved one.

Which employer mandates are on Trump’s chopping block?

Employers can expect some relief from federal requirements under the Trump administration, especially those put in place under President Obama.  New pay reporting requirements and the overtime rules almost certainly are doomed, as are new requirements for contractors, attorneys from Fortney & Scott predicted during a recent webinar. On the other hand, employers are likely […]

Merry Christmas

No post today. Call it a sympathy strike (yes, I know that sympathy strikes are illegal – take it up with the NLRB). Well, better yet, call it a holiday hiatus as the truth is that I’m blowing off my responsibilities this morning and heading for the mall to finish up my Christmas shopping. In […]

Pregnancy Leave: How Much Leave Do Pregnant Employees Get and How Much is Paid Leave?

We have been a little inconsistent in administering pregnancy leaves. We now have several employees who are in the early stages of pregnancy or who have casually mentioned that they are ready to start their families. I’d like to get my policies clearly laid out before these employees start requesting leave. Under federal and California […]

Who Packs Your Parachutes?

By Dan Oswald President, M. Lee Smith Publishers Just My E-pinion If you’re a pilot or paratrooper or skydiver, you pretty much depend on the person who packs your parachute. In today’s e-pinion, M. Lee Smith Publishers LLC president Dan Oswald challenges you to ask, Who packs your parachutes? Charles Plumb was a Navy jet […]