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Last week, the California legislature passed a bill (AB 10) that will increase the minimum wage in California to $9.00 per hour effective July 1, 2014, and to $10.00 per hour effective January 1, 2016. Before the bill was passed, Governor Jerry Brown had indicated that he would sign it. The minimum wage in California is currently $8.00 per hour.
Workers’ enhanced ability under reform to get insurance apart from their employer reduces the importance of health insurance as a means to recruit, compensate and retain workers, a June 2011 study concludes. Researchers at McKinsey Quarterly also predicted that as many as 30 percent of employers could stop providing benefits to workers after health reform […]
by Carla Oliver Ontario recently broadened the definition of “worker” under its Occupational Health and Safety Act (OHSA). The broadened definition is consistent with a trend across Canada.
Registered investment advisers and broker-dealers that may be misrepresenting their credentials or the benefits and features of individual retirement accounts will be targeted by the Office of Compliance Inspections and Examinations of the Securities and Exchange Commission, based on the initiatives listed in a Jan. 9 release of the agency’s 2014 examinatfion priorities. The so-called […]
Massive revisions in the Pension Protection Act have opened the door to automatically enroll every employee or to pay retirement benefits even as senior members of your team keep working. Here’s what you need to know about these new PPA-driven opportunities. Employers are generally leery of anything coming out of Washington that affects them. But […]
By Stephen D. Bruce, PHR Editor, HR Daily Advisor Just My E-pinion Travel is critical for conducting business, or is it? We surveyed our readers to see what they have done with their travel and relocation budgets during the economic crunch. We found, for example, that two thirds of respondents have reduced travel, and half […]
Avoiding discrimination lawsuits is a matter of understanding the key issues and acting to prevent them. A sister publication has provided guidance on both. This week marks the 65th anniversary of the Pearl Harbor attack that drew the United States into World War II. It also marks one of the most shameful episodes of that […]
Health reform’s uniform summary of benefits and coverage (SBC) will cost insurers and third party administrators (TPAs) about $160 million over the next three years to develop, update, and provide the SBC and glossary to applicants and enrollees, its agency drafters estimate. That includes $25 million in 2011 , $73 million in 2012 and $58 million in […]
By Gregory J. Wartman, JD A Pennsylvania federal court recently ruled that an employee was ineligible for relief under the Family and Medical Leave Act (FMLA) because of the size of his employer and that he did not present sufficient evidence that his employer should be equitably estopped (prevented) from avoiding liability under the Act.
Update Dec. 21, 2009: President signs bill including COBRA subsidy extension By Ashley Gillihan and Carolyn Smith When Congress returned to session today, health care reform wasn’t the only piece of major legislation still left hanging as 2010 comes to a close. Also up in the air is whether the current COBRA health insurance subsidy […]