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President Clinton has signed into law new legislation, S. 2323, that excludes stock options from overtime pay. The bill takes effect on August 16, 2000, and is intended to counteract a recent Department of Labor opinion letter stating that stock option profits must be included in a nonexempt worker’s base pay when you calculate their […]
Scurrying to get ready for F-Day? All the new FMLA changes are effective January 16. We’ve gathered some compliance tips from a nationally recognized expert, attorney Frank Alvarez. Alvarez is national coordinator of law firm Jackson Lewis’s Disability, Leave & Health Management Practice Group. Here are his thoughts on some changes employers have hoped for. […]
A survey by an association of North American state and provincial securities regulators that found numerous inconsistencies in how broker-dealers disclose fees to customers adds weight to calls from federal regulators for service providers to furnish fee guides to employer retirement plan sponsors. “[W]ide disparity among firms in the way fees were disclosed” was reported […]
The following is a list of the bestselling hardcover business books as ranked by the Wall Street Journal with data from Nielsen BookScan. 1. StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup’s Now, Discover Your Strengths by Tom Rath. Are you unsure where your true talents lie? Do you feel […]
Botched terminations can lead to both damage to a company’s reputation and potentially expensive lawsuits. Here’s how to do them right. “You’re fired!” Thanks to Donald Trump’s TV show, The Apprentice, that little phrase has led to quite a bit of entertainment these last few years. But unlike the world of TV, in the real-life […]
By Steve Brenneman Illinois has joined a growing trend to protect workers from employers that want access to their Facebook or other social networking accounts. On August 1, Governor Pat Quinn signed into law an amendment to the Illinois Right to Privacy in the Workplace Act. Under the law, which is effective January 1, 2013, […]
A number of bills that would significantly impact employers are pending in Washington.
By Dave Anderson Just My E-Pinion Are your employees happy? Probably not, says Dave Anderson, an author and lecturer and president of Dave Anderson’s Learn to Lead. The most recent survey by the Conference Board suggests that only 45 percent of Americans are satisfied with their work—an all-time low since the study was established in […]
by Daniel C. Stockford, Brann & Isaacson While voters handily reelected both of Maine’s Democratic representatives to the U.S. House of Representatives, a sea change occurred at the state level as the Maine governorship and the Maine Legislature apparently have switched from Democratic to Republican control. In a surprisingly close governor’s race, Republican Paul LePage […]
A draft of the first major changes in 30 years in affirmative action regulations for federal contractors has been released. The long-awaited revisions would reduce the paperwork contractors must include in their affirmative action plans. But the rules would also require the completion of a time-consuming personnel survey.