Practical HR Tips, News & Advice. Updated Daily.
In the largest corporate bankruptcy in the nation’s history, thousands of Enron employees lost their retirement savings after the company stock invested in their 401(k) plans became worthless. Now, in the wake of Enron’s collapse, Congress is considering a raft of legislation to reform 401(k) plan rules.
The following is a list of the bestselling paperback business books as ranked by the New York Times on October 12. 1. Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.) by Steven D. Levitt and Stephen J. Dubner. A maverick scholar and a journalist apply economic theory to everything from cheating sumo […]
Studies show that the vast majority of 401(k) participants believe their plan is free. There may be a rude awakening the first time you inform them of the fees being charged. What to do? Again, we turn to BLR’s New 401(k) Fee Disclosure Compliance Download Report for help. Preparing Staff to Handle Questions/Concerns Preparing staff […]
How do you make line managers follow proper HR procedure when their heads are into everything but? Check out this answer. Yesterday’s Daily Advisor offered a checklist to be sure your policy on leave meets the complex standards of the Family and Medical Leave Act (FMLA). As FMLA changes, as it likely will during the […]
The following is a list of the bestselling hardcover business books as ranked by the New York Times on August 30. 1. Delivering Happiness: A Path to Profits, Passion, and Purpose by Tony Hsieh. Lessons from business (pizza place, worm farm, Zappos) and life. 2. The Big Short: Inside the Doomsday Machine by Michael Lewis. […]
The IRS recently issued Notice 2010-69, which defers the Form W-2 reporting requirement found in the Patient Protection and Affordable Care Act (PPACA) by clarifying that such reporting won’t be mandatory for W-2s issued for 2011. The provision in the PPACA that addresses this W-2 reporting was designed to be effective for taxable years beginning […]
A wave of state minimum wage increases and proposed bills is reshaping efforts to raise the federal minimum wage. Dozens of states have taken up minimum wage bills over the last year, with five states — Connecticut, Delaware, Maryland, Minnesota and West Virginia — passing measures in the last few months. According to the National […]
A California Court of Appeal is currently reviewing an important ruling by a lower court affecting eligibility of state contract workers to receive CalPERS benefits. Employees of the Metropolitan Water District of Southern California brought a class action lawsuit contending that agencies bound by the Public Employees’ Retirement Law must enroll all employees for CalPERS […]
As a result of the attention surrounding the ongoing Ebola outbreak, many employers are wondering how to handle situations involving communicable disease. Not much medical testing of employees is allowed. If however, a pandemic is widespread and is a direct threat, public health authorities say employers can monitor closely for symptoms and illness. Employers can […]
Wellness becomes a tricky dance once you want to base incentives on an actual health outcome—like reduced blood pressure or cholesterol. Fortunately, DOL offers a checklist to help you determine whether your program is in compliance. HIPAA’s nondiscrimination provisions generally prohibit a group health plan or group health insurance issuer from denying an individual eligibility […]