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Employment Law Tip: How to Avoid Common Retirement Plan Missteps

It’s no secret that retirement and pension plans have come under increased scrutiny in recent years, amidst allegations that benefits are often miscalculated and underpaid. Here’s a checklist to help you avoid some of the most common plan mistakes:   Check your plan documents to determine the types of covered compensation. Be sure all relevant […]

News Notes: Supreme Court Rules On Damages Attorneys’ Fees

In a series of recent rulings, the U.S. Supreme Court has clarified limits on the damages claimants can recover in employment discrimination cases and other lawsuits. The court paved the way for bigger verdicts by ruling that “front pay”—which compensates a victim of workplace harassment or bias until they find another comparable job—isn’t subject to […]

Definitions of ‘Fiduciary’ Will Soon be More ‘Economical’

Employers and plan administrators can have a better understanding of what a fiduciary is, courtesy of Phyllis C. Borzi, Department of Labor (DOL) assistant secretary for the Employee Benefits Security Administration (EBSA). She shed some light on the department’s thought process on this matter at the March 13 ERISA Advisory Council meeting. The DOL’s efforts […]

E-Alerts: Pension Reform: Blackout Period Rules Finalized

The U.S. Labor Department’s Employee Benefits Security Administration (formerly the Pension and Welfare Benefits Administration) has finalized rules for implementing a new federal law requiring 401(k) plans to give workers 30-day advance notice of blackout periods during which they can’t make transactions. The rules took effect on January 26, 2003.

Legislation Special Report: Preventing Harassment by Clients and Customers

Because the new law opens all California employers up to liability for harassment of workers by nonemployees, it’s critical to take steps to prevent and address these situations. Here’s what you can do to avoid potential harassment complaints—and expensive liability—involving your customers, vendors, or other nonemployee business associates:

Small Businesses Place Blame on Big Businesses for Hiring Challenges

Results from a recent survey of small business owners conducted by Survey Monkey and CNBC found that “16% of small business owners (but 41% of small businesses with 50 employees or more) have had open positions for at least three months.” That’s a pretty big number for those 50+-employee companies. And those businesses have some thoughts on […]

News Notes: Off-the-Job Drinking Linked To Workplace Injuries

A new U.C. Berkeley study concludes that employees who drink off the job are more likely to file workers’ comp claims. The research focused on San Francisco Municipal Railway drivers’ alcohol consumption, medical histories and workers’ compensation claims over a five-year period. In light of this finding, you may want to consider offering employee assistance […]