Most Popular
News Notes: Proposed Raise In Limits For Retirement Accounts Moves Forward
The full Senate will soon consider a bill that would raise contribution limits for individual retirement accounts and 401(k) plans. The maximum annual contribution for 401(k) plans would increase from $10,500 to $15,000. IRA limits would rise from $2,000 per year to $5,000, and “catch-up” provisions would allow workers aged 50 and older to put […]
Benefit Plans: New Rules Require More Detailed Summary Plan Descriptions
The Department of Labor has released new regulations that will require you to revise your summary plan descriptions (SPDs) for pension and welfare benefit plans so they are more detailed than ever. Here’s a look at the information that must be included under the new rules.
Stricter Child Labor Laws Proposed
The U.S. Department of Labor has proposed big changes to the child labor regulations under the federal Fair Labor Standards Act. The DOL’s proposed rules would expand the list of jobs considered to be “particularly hazardous”—and off-limits—for 16- and 17-year-olds (and younger workers) to include working at poultry slaughtering plants, riding as passengers on forklifts, […]
Personnel Policies: Court Rules That You Can’t Forbid Workers From Discussing Their Pay
It’s not unusual for employers to have a policy prohibiting workers from disclosing their salary to colleagues. And many a star employee has gotten a big bonus but been warned in hushed tones not to tell co-workers about it. What many employers don’t know is that both these practices are against the law. And, as […]
News Notes: Recent Workplace Injury And Illness Statistics Released
The Department of Labor’s Bureau of Labor Statistics reports that in 2002, private-industry employers recorded 4.7 million nonfatal workplace injuries and illnesses, or 5.3 cases per 100 equivalent full-time workers. About 2.5 million of the recorded cases involved lost workdays, transfer to another job, restriction of work duties, or a combination. The other 2.2 million […]
Bulletin Item: Sexual Orientation Protections
Could sexual orientation protections be required in your workplace? The U.S. Supreme Court’s decision in Lawrence v. Texas, which struck down a state law prohibiting sodomy, could have sweeping implications for employers. Although many protections are already available to California employees, the court’s broad language suggests that gay employees may now enjoy more protections under […]
Employment Law Tip: Ready for the Minimum Wage Hike?
As we head into the last week of 2006, employers that haven’t done so already must take quick steps to ensure they’ll be ready to comply with the new California minimum wage come January 1.
Manufacturers Want to Hire, But Can’t Find Skilled Workers
Special from Atlanta–SHRM Annual Conference and Exhibition Seventy-five percent of manufacturers are actively hiring, but 2/3rds of those are having trouble finding the types of workers they need, according to research released 6/24 by SHRM at its Annual Conference and Exhibition, in progress this week in Atlanta, Georgia. At a special session covering the hiring […]
Health Coverage Premium Subsidies: One Step Closer to Extension?
At least in the Senate, a consensus is being reached on trade adjustment assistance that could lead to an extension of premium subsidies under the Health Coverage Tax Credit (HCTC) program. Here are two snippets from a joint statement issued Wednesday: [Senate Majority Leader Harry Reid (D-Nev.)]: “My staff and Senator McConnell’s staff have been […]