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Virginia’s new worker privacy law takes effect July 1

by Stacey Rose Harris A new state law in Virginia aimed at increasing worker privacy takes effect July 1. It bars employers from being required to disclose to third parties current and former employees’ personally identifiable information except under certain circumstances. The law, House Bill 1931, says employers can’t be required to disclose the personally […]

Working longer and retiring later

It’s not your father’s (or mother’s) retirement anymore

If employers could consult a crystal ball to see what the workplace will be like 10, 20, or more years down the road, they might see an older workforce in their future. As many aging baby boomers decide to continue working for a few — or several — years past the traditional retirement age, employers […]

Corporate Plans’ Funded Status at Record Low in July

By Jane Meacham The funded status of the average U.S. corporate pension plan slid to a record low in July, according to several measurements of the health of the plans’ finances. Funding status of the typical plan surveyed for BNY Mellon Pension Summary data touched a low of 68.7 percent, off 2.9 percentage points from […]

Does Your Organization Have the Necessary Skills to Compete in Rapidly Evolving Markets?

By Jeffrey Phillips and Alex Verjovsky You’ve heard the saying “fighting the last war”. It refers to preparing to compete using familiar techniques, against competitors you’ve faced before, in the same markets or industries, only to discover that the rules have changed. Modern business competition is changing rapidly, and to compete effectively, you need to […]

DOL’s Agenda Focuses on Safety and Wages

Labor Secretary Hilda L. Solis has announced the U.S. Department of Labor’s (DOL) regulatory agenda for 2010, saying, “Protecting wages and working conditions for workers is key to the mission of our department, and ensuring that workers have a voice on the job is also vital.” The agenda is expected to satisfy many union demands. […]

HATFA Will Cause Largest Pensions to Cut 2015 Plan Contributions

The renewed decline of funded status for defined benefit retirement plans this year has not led the largest U.S. DB plan sponsors to contribute from their coffers to compensate, a phenomenon that one investment advisory firm attributes to temporary interest rate stabilization. Until this year, corporate contributions to DB plans typically correlated with the plans’ […]

NLRB puts employees on the spot

by Burton J. Fishman In a ruling that could make workplace investigations at unionized facilities all but impossible, the National Labor Relations Board (NLRB) reversed a 37-year-old precedent that protected employees from retaliation.    Under the prior Anheuser-Busch standard, employers did not have to hand over witness statements, particularly from employees, to unions in discipline cases. […]

“You’ve got mail! And it just might be a warrant for your arrest”

You don’t have to try very hard these days to find employment law references in pop culture. Movies and TV shows examine issues of employment discrimination, politicians seem unable to resist the urge to text photos of their private parts to their disgusted subordinates, and professional athletes provide ample fodder for lawyers in desperate search […]