Practical HR Tips, News & Advice. Updated Daily.
Approximately one-third of employers report that their organizations supplement wages and salaries with cash incentives in the form of individual or team awards, spot bonuses, and similar payments, according to a recent survey of Cash Compensation practices conducted by BLR. Long term incentive bonuses were most frequently reported to be paid to employees at the […]
There are more than half a million 401(k) plans in the United States, covering 60 million Americans, says the IRS. That is just some of the information in the 401(k) Compliance Check Questionnaire Interim Report, which the IRS released on Feb. 16, 2012. The report summarizes survey responses from 401(k) plan sponsors that filed a […]
There has been a 20% increase in the number of companies blocking employees from using social networking sites. The percentage increases in 2009 vs. 2008 of companies banning web sites by specific categories include: social networking sites, 20%; travel-related sites, 28%; restaurant/bar websites, 27%; sports-related sites, 26%; shopping sites, 26%; job search sites, 19%; and […]
What are employers doing to help employees balance work and family needs? A survey by the Families and Work Institute of 1,000 employers with 100+ employees reveals that 90% of the employers gave workers time off to attend school events, and half let employees stay home with a mildly sick child without using vacation or […]
You may be shopping around for new workers’ compensation or other business insurance because your current insurer has decided not to renew your policy, or it wants to make significant changes in your coverage.
A pension plan with fewer than 100 participants is generally exempt from the complicated and expensive accounting and reporting requirements that apply to larger programs. But in response to recent reports suggesting that small pension plans are vulnerable to employer embezzlement and misappropriation of funds, the federal government has proposed new rules requiring you to […]
The U.S. Supreme Court has weighed in on a case that underscores the importance of providing comprehensive antibias and harassment training for managers and supervisors.
On top of the minimum wage rate hikes enacted last year, a new measure has been introduced in Washington to boost the minimum wage to $7.25 by 2002. The current schedule ups the minimum wage to $5.15 on September 1, 1997, and to $5.75 on March 1, 1998. We’ll keep you posted.
The U.S. Department of Transportation has implemented several changes in drug and alcohol testing regulations that impact transportation employees in safety-sensitive positions, such as bus drivers, railroad workers, airline mechanics and flight crews. The most important changes involve validity testing, which is designed to detect samples that have been tampered with or substituted. To ensure […]