Practical HR Tips, News & Advice. Updated Daily.
Employers know that there are legal restrictions in terms of the number of hours a nonexempt employee can work before incurring overtime pay. There are also restrictions on the hours a minor can work. And for safety reasons, there are restrictions on the number of consecutive hours medical residents and truck drivers can work.
Fidelity Investments told retirement plan sponsors and investment professionals in a late April notice that it had asked IRS to change or withdraw recently updated guidance on maintaining documentation for participant hardship withdrawal and plan loan requests. In a message on its website, Fidelity, one of the largest U.S. private-sector retirement plan recordkeepers and investment […]
The other day I heard about a company that provides fake references for job applicants, renters, and others. And from what I understand, the length it goes to in order to “lie” on behalf of its clients is unbelievable—even if the references it provides are believable.
At the end of the day, most employees’ pay and benefits extend far beyond the base salary. Many employers are beginning to present total compensation statements (also known as total reward statements) as a means of showing employees how the organization is investing in them.
Financial wellness incentives of up to 30 percent of coverage costs would be allowed under the Americans with Disabilities Act, based on rules proposed by the U.S. Equal Employment Opportunity Commission. This long-awaited guidance generally defers to HIPAA’s nondiscrimination rules, as amended by health care reform, in determining whether a wellness program is permitted by […]
The Centers for Medicare and Medicaid Services announced an April 30 deadline for claiming certain overpayments of the transitional reinsurance fee. The announcement covers overpayments due to miscalculating enrollment counts on which the fee is based. Such miscalculations occur for two reasons, CMS said: misapplication of a permitted method for determining the annual enrollment count; […]
Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. —Helen Keller
The U.S. Department of Labor on April 14 previewed proposed changes to the 40-year-old definition of “fiduciary” that the agency says will increase consumer protection for those seeking advice on retirement investments and 401(k) rollovers. The long-awaited changes will include a new contract for broker-dealers to sign that pledges they will “formally commit to their […]
When it comes to hiring new employees, reaching an agreement on an appropriate salary can be a sticking point. Employers often have a range in mind, and they must balance the need to stay within a tight budget with the need to hire the best fit for the job.
Training—it’s how you mold promising new hires and start creating your company’s future leaders. What’s happening with training and development in the real world? What are your competitors up to? Help us find out!