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Unexpected Demographics of the 2007-10 Downturn

A Wall Street Journal analysis of recent data sets reveals unexpected characteristics of current employment losses. The last 10 years have seen an increasing parity in employment among men and women, but because the majority of women came into the job market later, it was expected that layoffs — following a last-in/first-out pattern — would […]

Will ‘Mental Minefields’ Blow up Your Corporate Wellness Program?

Our last issue talked about how “mental minefields,” as defined by the consultant McKinsey & Company, erode corporate health and prevent sustained growth. Let’s see if those minefields attack wellness efforts as well. Yesterday’s Advisor detailed five factors spelled out by consultant McKinsey & Company that foster “corporate health” (sustained growth) and three “mental minefields” […]

Hot List: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on March 21. 1. The Big Short: Inside the Doomsday Machine by Michael Lewis. The people who saw the real estate crash coming and made billions from their foresight. 2. The Tipping Point: How Little Things Can […]

Federal appeals courts issue conflicting decisions on ACA subsidies

A few weeks after the U.S. Supreme Court dealt a blow to the Affordable Care Act’s (ACA) contraceptive mandate, federal courts are looking at a different aspect of the law—exchange subsidies. On July 22, there was a flurry of activity on the issue, with two federal appeals courts issuing conflicting rulings. States had the option […]

Proposal Would Speed Bankruptcy Retirement Asset Distributions

To expedite distribution of retirement assets from companies in Chapter 7 bankruptcy proceedings, the U.S. Department of Labor wants to allow bankruptcy trustees to use its Abandoned Plan Program. This program establishes a process to terminate abandoned plans so that plan participants and beneficiaries gain quicker access to their benefits; currently, however, bankruptcy trustees do […]

Teens in the Workplace: What Employers Should Know, Part 1

It’s hard to believe, but summer is almost here. And if you’re planning on hiring young workers to add to your ranks during the summer months, now’s the time to read up on the special safety rules that apply to teens in the workplace. In fact, May is Safe Jobs for Youth Month in California. […]

More IRS Guidance on ACA’s Health Coverage Reporting Rules

IRS on Aug. 29 issued two sets of questions and answers about reporting on health coverage for large employers under Section 6056 and for all employers under Section 6055 of the reform law. Section 6056 reporting is required by “applicable large employers” that provide health coverage to their full-time employees and is needed for the government to carry out […]