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Data Points: The Boomers @ 62
• The majority of Baby Boomers who turn 62 in 2008 plan to retire by age 65. • The majority of Baby Boomers who are turning 62 this year have been married only once and have 2.4 children; however, only one in five say their children are living at home with them. • Only 2% […]
No Nonsense Retention: Open Door 80% of the Time
In yesterday’s Advisor, consultant Jeff Cortes said, “Fire the slugs.” Today, more of his timely retention and engagement tips, plus an introduction to the all-in-one HR website, HR.BLR.com. 6. Keep Your Door Open 80% of the Time [Go here for retention tips 1-5.] Let your people know you are accessible to them, says Cortes, author […]
What Is a Stay Interview?
Turnover is always a hot topic. How can it be reduced? How can you keep top employees from leaving? What makes a good employee want to leave your organization? How can you know if someone is considering quitting?
Health Coverage Premium Subsidies Need Boost, Says White House
Premium subsidies for health insurance coverage under the Health Care Tax Credit (HCTC) program may get a boost due to an agreement being negotiated between the White House and Congress. The HCTC program was enacted as part of the Trade Act of 2002. As originally enacted, it provided a 65-percent tax credit for qualifying health […]
How to Find Future Entrepreneurs
Perhaps your organization is looking for someone with the entrepreneurial spirit? You probably have an idea of what that candidate might look like. However, things are not always as they seem. A new investigation by Hiscox explores the true source of entrepreneurs, so you can better spot them when they are sitting in the candidate […]
Exempt Employees: Must Managers Be On Site to Qualify for Overtime Exemption?
Few Self-Insured Plans Will Escape Paying Reinsurance Fees
Only self-insured plans that completely self-administer claims payments and plan operations will avoid paying onerous transitional reinsurance fees. If a self-insured health plan does no more than determine eligibility, it will have to pay, according to Jeffrey Endick, an attorney with Slevin & Hart in Washington D.C. An exception exists to the onerous fee $63 per-member-per-year fee: Self-insured […]
Supreme Court Addresses Whether State Prevailing Wage Law Applies to Charter Cities
Yesterday, we looked at a recent case addressing the question of whether wage rates on public works projects are considered a “municipal affair” and not subject to California’s prevailing wage law. Today, the California Supreme Court’s ruling on the issue—plus a newly updated wage/hour resource specifically for California employers.
Part-Timers, Temps, and Interns: Your Legal Risks
Contingent employees can pick up the slack when business gets busy, but structure the relationship carefully—or their liabilities may linger long after they’re gone.