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EBSA Releases Final Rule on Fee Disclosures (extends effective date to July 1)

The U.S. Department of Labor (DOL)’s Employee Benefits Security Administration (EBSA) issued the final rule for pension and 401(k) plan fee disclosures on Feb. 2. The announcement was jointly made with the U.S. Department of Treasury, which issued a proposal at the same time to reduce regulatory burdens on retirement incomes. Secretary of Labor Hilda […]

IRS Hearings on Governmental Plan Status Set for July 9-10

As noted in this earlier blog post, the IRS and Treasury Department recently issued proposed rules that they hope will better define governmental plan status. They’ve been seeking comments from the governmental plan community and now have scheduled public hearings on the matter on July 9 and 10. Both public hearings will take place 10 […]

News Notes: Chevron Employees Duped Into Retiring Early Entitled To Back Pay

A federal court in San Francisco has ruled that a group of Chevron employees who retired just before the company announced a lucrative early retirement buyout package are entitled to recover the additional money they would have received had they delayed retirement until after the new incentives were unveiled. The court found that Chevron actively […]

Does Your Website Engage or Enrage Potential Candidates?

In yesterday’s Advisor, we offered Gerry Crispin’s examples of great recruiting websites. Today, Crispin evaluates the visitor’s experience on your recruiting website, and we look at a program for dealing with the most basic recruiting tool of all, the essential job description. For a good example of a company that is getting its branding and […]

Discrimination: FedEx Enters Massive Race Bias Settlement

FedEx Corp. has agreed to pay out $53.5 million to settle a class action lawsuit charging that the company’s express delivery unit, FedEx Express, discriminated against African-American and Latino workers. The settlement, which is believed to be among the 10 most expensive discrimination settlements in U.S. history, affects about 20,000 employees in the company’s Western […]

Disciplining Employees: New Case Points Out Why It’s Important To Have Consistent Standards Before Taking Action

One of your employees has been violating work rules. You document the problems and eventually terminate the worker. It appears you’ve done everything right and responded appropriately to the employee’s misconduct. But a new ruling makes clear that viewing each case of discipline and termination in a vacuum can get you in trouble. Even if […]

Screening and Hiring in IT

Competition for IT talent may have companies overlooking important steps when it comes to candidate screening.

Embrace Your Workers’ Curiosity (No More ‘Just Do It!’)

I’ve been reading Tell My Sons … by Lieutenant Colonel Mark Weber, says business and leadership blogger Dan Oswald. After a routine Army physical revealed Weber had stage IV intestinal cancer, he began a battle for his life that he ultimately will lose. When Weber realized he wouldn’t be able to conquer his cancer, he […]

Supreme Court Holds Two-Member NLRB Lacked Quorum, Authority

This morning, the U.S. Supreme Court issued a surprising 5-4 decision holding that the previously short-staffed National Labor Relations Board (NLRB) acted without authority over the two years it had only two members. As a result, more than 500 opinions decided by that Board are now invalid and will need to be readdressed. In addition […]