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Small Amounts Left in Retirement Accounts Add up to Big Sponsor Costs

As U.S. employment mobility has increased, one result of an estimated 9.5 million job changes a year has been a large number of defined contribution retirement accounts left behind at former employers. These often are small in dollar value, but can become a more costly and “insidious” problem than many plan sponsors realize. Small accounts […]

New Reform Rules Guaranteeing Better Access May Result in Higher Costs

Final health insurance market reform rules issued Feb. 22 could result in higher health premiums, a major association of health insurers predicted, even though the policy goal is make health insurance more dependable and valuable for consumers. The final rules issued by the U.S. Department of Health and Human Services are designed to ensure that […]

Whistleblowing: Worker Gets $37 Million For Turning In Employer

A recent case dramatically illustrates the financial incentive employees have to blow the whistle on their employer. A federal judge has awarded $24 million to Robert Merena, a former SmithKline Beecham billing analyst who charged that the company defrauded the government by billing for unauthorized and unnecessary lab tests under Medicare and other government programs. […]

Paid Leave Initiatives on the Move

This content was originally published in April 2009. For the latest FMLA regulation changes, visit our FMLA article archives or try our practical FMLA compliance guide. As predicted, paid leave initiatives have continued on the move, most recently to the District of Columbia, the city of Milwaukee, the city of Philadelphia, and for federal government […]

Family And Medical Leave: Supreme Court Says Employer Who Fails To Give FMLA Notice Is Not Required To Grant More Than 12 Weeks Of Leave

A Labor Department rule provides that when an employer fails to notify an employee that leave qualifies under the federal Family and Medical Leave Act, the time off does not count toward the 12 weeks per year the employee is entitled to under the FMLA. Federal courts have split over whether this regulation is valid—and […]

Do Your Application Forms Include Recommended Statements and Authorizations?

In yesterday’s Advisor, we shared some of attorney Stephen R. Woods’ rules for avoiding hiring lawsuits. Today we bring you more tips, and an introduction to a new audio conference about the mundane—but critical—challenge of HR recordkeeping. Woods, a shareholder at the Greenville, South Carolina office of law firm Ogletree Deakins, delivered his remarks at […]