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Section 403(b) of the Internal Revenue Code is undergoing its most significant changes in decades. The IRS has issued final regulations for retirement plans governed by Section 403(b) and maintained by nonprofit and tax-exempt organizations and public schools for their employees’ benefit. The plans may be funded through annuity contracts issued by an insurance company, […]
Orange-based Bergen Brunswig Corp. dashed off a settlement offer to its former president, Donald Roden, to resolve a wrongful-discharge lawsuit. Theoffer stated only that Roden would receive a $5 million lump sum plus attorney’s fees, and his retirement and other benefits would be continued. After Roden signed the agreement, Bergen Brunswig claimed it had intended for Roden’s […]
The U.S. House of Representatives has approved two pieces of legislation that proponents say will boost protections against gender discrimination in compensation. The first, the Lilly Ledbetter Fair Pay Act of 2009, would amend the Civil Rights Act of 1964 to declare that an unlawful employment practice occurs when (1) a discriminatory compensation decision or […]
The Obama administration released a compromise plan February 1 on how contraception is covered under the healthcare reform law, but it’s not clear whether foes of the original requirement will approve. Under President Barack Obama’s Affordable Care Act, contraception is included as a free preventive service. The original rule exempted religious groups that employ mostly […]
On Election Day, November 7, 2000, you’re required to let employees take paid time off to vote if they don’t have sufficient time outside of work hours. Polling places are open from 7:00 a.m. to 8:00 p.m. You don’t have to pay workers for more than two hours off and you can require that they […]
A recent case illustrates that sexual harassment claims can encompass actions other than traditional sexually oriented conduct. A 15-year-old student who was hired to answer the telephone at a nonprofit agency in the San Francisco area will receive $750,000 in a confidential settlement of his claim that a supervisor harassed him through aggressive “roughhousing” and […]
The Office of Federal Contract Compliance Programs has issued final regulations revising and simplifying the rules for written affirmative action programs. However, the new regulations also substantially increase the number of employers who must complete the annual Equal Opportunity Survey and submit personnel and compensation data.
Deloitte Consulting, LLP’s business confidence report 2016 reveals, for the second year in a row, that America’s top leaders, chief executive officers (CXOs), and chief executives-in-waiting (CXOWs—those who are next in line to the C-suite) have a very high level of confidence despite global volatility.
Each year, HR Hero Line surveys its readers about what days they will be off at the holidays and in the coming year. Most of you will have a paid holiday later this month on both Thanksgiving Day and the day after, while about 36% of you will get off on Thanksgiving Day only. Christmas […]