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Company Officials Aren’t Plan Fiduciaries, Not Liable for Missed Contributions

A company owner and another manager are not fiduciaries as defined by ERISA and the contributions they failed to make to their employees’ pension plans were not plan assets, the 6th U.S. Circuit Court of Appeals ruled. This decision supports the premise that individual company officials who serve only as conduits for employees’ payments to […]

Outside Sales Employees: Bottled Water Distributor To Pay $4 Million To Settle Overtime Claims

In a confidential settlement, a Los Angeles bottled water distributor agreed to resolve a class action lawsuit by paying $4 million to workers who said they were not paid overtime because they were improperly designated as exempt outside sales employees. The workers claimed they were actually delivery drivers, despite their job title of “route sales […]

Employers Urged to Take Safety Precautions on Black Friday

The Thanksgiving turkey isn’t even in the oven, but retailers (and shoppers) are already looking ahead to Black Friday, the day after Thanksgiving when stores traditionally promote once-a-year, enticing — some would say irresistible — prices to shoppers. But Black Friday can be more than a profitable day for retail employers. It also can be […]

OPM Issues Proposed Regs for FMLA, Other Types of Leave

The federal Office of Personnel Management (OPM) has issued proposed regulations to address various issues regarding how federal employers may comply with the new military caregiver provisions of the Family and Medical Leave Act (FMLA). The proposed regulations are similar to the FMLA regulations issued last year by the U.S. Department of Labor (DOL). They […]

Hot List: Bestselling Business and Investing Books on Amazon.com

Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, September 14, in the “General” section of the “Business and Investing” category. 1. Outliers: The Story of Success by Malcolm Gladwell. The author of The Tipping Point: How Little Things Can Make […]

Leave, Contract, Public Policy May ‘Protect’ from Firing

In yesterday’s Advisor, we presented the first two “fire-retardant” categories; today, three more, plus an introduction to a new online training system for your managers and supervisors. Some employees are “fire-retardant”—that is, tricky to fire because of their position, but they’re not impossible to fire. Here are three more categories of employees who may be […]

Proposed Law Would Institute Paid Family/Medical Leave

Congress has proposed a bill that would provide up to 12 weeks of paid leave each year to qualifying workers for the birth or adoption of a new child, the serious illness of an immediate family member, a worker’s own medical condition, and/or for specific military caregiving and leave purposes. The Family and Medical Insurance […]

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‘The Mom Project’ Raises Millions to Support Back-to-Work Efforts

In a recent post, we discussed an economic letter written for the Federal Reserve Bank of San Francisco (FRBSF) in which it argued that the gap between U.S. and Canadian policies and structures around support for women working while raising children is the primary contributor to a large gap between the labor participation rate for prime-age women, costing […]