Most Popular

Tool of the Week: Independent Contractor Guide

The benefits of using nonemployee workers such as independent contractors are obvious: you don’t have to provide a contractor with expensive employee benefits, and you retain greater flexibility to quickly alter your workforce as needs change. But if you make a mistake and incorrectly classify an employee as an independent contractor, the consequences can be […]

Top U.S. Court Takes Case to Resolve Limits on Health Plan Recoveries

The U.S. Supreme Court agreed on June 25 to decide whether an employee health plan is subject to equitable limits when it demands reimbursement of benefits paid to care for a covered employee who also recovers money from third parties. A 2011 ruling on this issue by the 3rd U.S. Circuit Court of Appeals troubled […]

News Notes: Few Employers Comply With Little-Known Parking Cash-Out Law

Under an obscure law, certain employers that provide free parking must give cash to workers who don’t drive to work. The law applies to employers with 50 or more employees who are located in an area that violates air quality standards and who subsidize employee parking spaces the employer doesn’t own. But a new study […]

News Notes: New Retirement Plan Information Available For Employees

The Pension Benefit Guaranty Corporation has published a new guide to assist workers in understanding how defined benefit pension plans operate and the rights and options of plan participants. “A Predictable, Secure Pension for Life: Defined Benefit Pensions” is available by calling (888) 878-3256 or on the Internet at www.pbgc.gov. Also, a new Department of Labor […]

News Notes: Employers Paying More For Absenteeism, Survey Says

A new absenteeism survey by Commerce Clearing House Inc. indicates that absenteeism costs climbed to an all-time high in 2002—even though absenteeism itself dropped slightly. Employers spent an annual average of $789 per employee for unscheduled days off, up from $755 in 2001. While workers listed illness as the most common reason for calling in […]

News Notes: IRS Clarifies Pension Amendment Notice Rules

The Internal Revenue Service has issued new regulations which clarify that plan administrators must provide 15 days’ written notice before the effective date of retirement plan amendments which result in a significant reduction in future benefit accrual. The rules apply to both defined benefit and money purchase plans. If some plan participants don’t receive notice […]

Health and Safety: New Pandemic Flu Guidance for Healthcare Workers

The U.S. Occupational Safety and Health Administration (OSHA) has unveiled new guidance for healthcare workers and their employers on preparing for and responding to a pandemic flu, such as the avian influenza. Avian influenza—also known as bird flu—is caused by a virus that attacks wild birds and domestic poultry. A dangerous strain is rapidly infecting […]

How Much Should You Pay For Employee ‘Happiness?’

A recent Gallup study shows the higher the compensation, the happier the employee. Happy employees build business success. But where’s the limit? A classic resource may help you find it. Everyone wants happy employees, right? Happy employees are productive, inventive, and supportive of all you do. Yesterday, we gave you one tool to make them […]