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The state Insurance Commissioner has taken over control of Golden Eagle Insurance Co., California’s third largest workers’ compensation carrier. The action grew out of concerns about Golden Eagle’s financial solvency. The Insurance Commissioner is optimistic that several insurers will join together to operate Golden Eagle’s business through a new company, San Diego Casualty Insurance Co. […]
Packets being given to retirees and separated, vested employees considering taking an immediate lump-sum distribution from their former employer’s defined benefit retirement plan rather than continuing lifetime income benefits routinely lack some key information needed to make an informed decision, or were unclear, according to the U.S. Government Accountability Office in a recent study. With […]
888 Seafood Restaurant, a Chinese eatery in the San Gabriel Valley, has agreed to pay $306,500 in overtime back wages following a U.S. Department of Labor (DOL) investigation that revealed pay improprieties. The funds will be shared by 57 employees who routinely put in additional work time after they clocked out, according to the DOL. […]
For the first time in four decades, the U.S. Equal Employment Opportunity Commission (EEOC) has made big changes to the EEO-1 Report, which provides the government with workforce profiles by ethnicity, race, and gender, divided into job categories. According to the EEOC, the new format “recognizes the shifting demographics of today’s workplace” and will provide […]
The Internal Revenue Service has increased the standard mileage rate commonly used to reimburse employees for business use of a car to 50.5 cents per mile, up from 48.5 cents in 2007. The new rate will apply to miles driven beginning Jan. 1, 2008. Employers who use the IRS standard mileage rate to reimburse employees […]
Calculating overtime is usually a straightforward process of multiplying the worker’s regular hourly rate by one and a half. However, a recent Ninth Circuit Court of Appeals case illustrates that the computation is more complex if you pay an employee a flat rate per day. That’s because you need to figure out what the hourly […]
The U.S. Department of Labor has collected its rules, guidance and other materials on the Mental Health Parity and Addiction Equity Act into a new MHPAEA Web page. The materials on this page include a new set of frequently asked questions on “understanding implementation” of MHPAEA, which when enacted in 2008 substantially beefed up HIPAA’s […]
We’ve talked a lot about the importance of employee satisfaction in recruitment and retention efforts. Turnover and hiring are expensive, and companies can’t afford to keep losing their staff over low levels of satisfaction. However, there is a strong argument in favor of promoting employee satisfaction on the flip side as well.
The HR Daily Advisor community of over 200,000+ HR professionals has spoken. Here are the most popular articles on the HR Daily Advisor website in the last year just in case you missed them. With State Family Leave laws, Brace Yourself for Double Dipping If your state has its own family and medical leave (FML) […]