Practical HR Tips, News & Advice. Updated Daily.
It’s no secret that the private pension system in the United States is in crisis. Last week, the Pension Benefit Guaranty Corporation (PBGC), which insures pensions for about 44 million Americans, announced that it has a startling deficit of $23 billion, fueled largely by having to take over pension plan liabilities of bankrupt airlines. But […]
The Affordable Care Act (ACA) requires states to establish health insurance exchanges to provide individuals and small employers with access to affordable insurance coverage beginning January 1, 2014. States have the flexibility to design and operate exchanges that best meet their needs while complying with the ACA’s statutory and regulatory standards. A state that chooses […]
If your employees take home tips, you should be aware that a new U.S. Supreme Court decision approves the way the Internal Revenue Service figures your tax liability on those tips. And if you should want to dispute the amount owed, you’ll now need to keep more detailed records of each employee’s tips.
Emergency situations — such as the April 15 explosions during the Boston Marathon — can result in employees performing multiple job duties. For example, a store manager may have spent time cleaning up glass and debris in and around the store. This type of work does not normally qualify as the manager’s duty; however, the […]
As the Principal Financial Group® was conducting its wellness survey (see yesterday’s Advisor), Cornell University was conducting a wellness survey of its own—and demonstrating the importance of assessing needs before implementing. The responses of the 1,400 people who completed Cornell’s survey gave its wellness program clear indicators of where to focus its efforts. It also […]
California has received $12.8 billion dollars in federal stimulus funds since February of 2009. State agencies have reported over 54,000 jobs created with these funds. The problem? A recent report by the California Bureau of State Audits found that the job creation numbers are not being recorded accurately. The December 21 audit report looked at […]
When you offer employee perks, it’s critical to make clear whether the program is a vested benefit or a company bonus that is subject to change or cancellation. Former Hewlett-Packard engineer Mark G. Leonard is suing the high-tech giant, claiming that it cancelled a program to provide thousands of retirees lifetime rebates on its products, […]
The National Consumers League has released its list of Five Worst Teen Jobs for 2002. According to Darlene Adkins, NCL’s vice president for labor policy, “many teens are working in unsafe conditions without the proper training or supervision. Too many are injured or killed on the job because they were performing tasks prohibited by federal […]
M. Lee Smith Publishers’ President Dan Oswald comments on the generational divide that most companies are experiencing in relation to technology and offers five tips for how employers can harness the know-how and insight of their younger employees. I recently handed a newspaper column written by Financial Times columnist Luke Johnson to my 18-year old […]