Practical HR Tips, News & Advice. Updated Daily.
Unfortunately, you can’t retain all employees … termination and turnover are going to happen. The 2014 Termination and Exit Interviews Survey examined how HR pros are handling these challenges. Let’s see how you compare!
Qualifying lifetime annuity contracts in July 2014 became another option for defined contribution plan sponsors to offer to assist with retirement income security when the U.S. Treasury Department and IRS issued final regulations allowing them. Now, plan sponsors and participants near retirement age face some confusing choices when considering whether QLACs are right for their […]
A bill to restore parity between mass transit and qualified parking benefits will be introduced in the U.S. House of Representatives by Del. Eleanor Holmes Norton, D-D.C., she announced Feb. 10. The limits, dictated by tax Code Section 132, have been unequal since that part of the tax Code was written, although Congress several times […]
The federal government lowered the rates used by employers to calculate how much to add to the taxable wages of employees who use a corporate jet for non-business use, for the first half of 2015. The rates — known as the standard industry fare level, or SIFL rates — get an inflation adjustment every six […]
If you are like me and are interested in politics, you know Ronald Reagan was considered the “Great Communicator.” His effectiveness as a communicator was often credited to his career in radio, television, and movies. His detractors often said of his oratory skills, “He’s just up there acting.” But to me, Reagan’s effectiveness as a […]
Is your company bringing a new executive on board sometime soon? How do you decide the appropriate level of compensation? How do you align executive compensation goals with the overall company compensation philosophy?
The 2007 book Lone Survivor tells the true story of a failed Navy SEAL mission in Afghanistan from the viewpoint of the only person who survived, Marcus Luttrell. The book—and later a film of the same title—recounts the details of a mission gone wrong and the battle for survival.
Congress has come to the aid of single-employer defined benefit retirement plans concerned about the U.S. Pension Benefit Guaranty Corp.’s power to assert liability on them when changing business operations affect their plan participants. As part of the Multiemployer Pension Reform Act of 2014 (within the Consolidated and Further Continuing Appropriations Act 2015, known as […]
In yesterday’s Advisor, new recordkeeping laws for 2015 were presented by Attorney Usama Kahf; today, he shares more requirements to be on the lookout for.
A federal district court has approved a $1 million settlement agreement that, in the court’s words, “appears to be among the largest, if not the largest, average per person recovery in a certified class action asserting COBRA claims.” The settlement resolves a class action lawsuit alleging that an employer/plan administrator violated COBRA’s notice and premium […]