Practical HR Tips, News & Advice. Updated Daily.
In yesterday’s Advisor, advice on planning your 2015 compensation budget from consultant J. Timothy O’Rourke; today, O’Rourke presents a strategy for when money is tight, and what to do if your company can’t afford increases at all this year.
Wage garnishments are regulated under the Consumer Credit Protection Act (CCPA). The CCPA limits how much of an employee’s wages may be garnished and provides other protections as well. Let’s take a look at these CCPA protections along with some guidance for employers that must carry out court-ordered garnishments on employee pay.
As we reach the end of 2014, we take a look back at some of your favorite articles. Here’s a list of the top 10 posts on the Compensation & Benefits Daily Advisor website this year.
Most employers understand the benefits of workers’ compensation insurance. If an employee is injured on the job, the insurance kicks in to pay for the medical bills and at least a portion of the lost wages while the employee recovers. The employee doesn’t have to fear losing his or her livelihood after reporting the injury, […]
More than two years into the regulation’s implementation, the U.S. Department of Labor wants industry and plan sponsor comment on its regulation that requires retirement plan service providers to disclose fee information to fiduciaries. ERISA Section 408(b)(2) requires covered service providers to give fiduciaries information they need to assess the “reasonableness” of the administrators’ total compensation, […]
Leading employee benefits attorneys recently discussed rules on calculating workforces and identifying to whom the employer must make an offer of coverage. Vanessa Scott, a partner with Sutherland Asbill & Brennan, Washington, D.C., and Malcolm Slee, of Counsel at the Groom Law Group, Washington, D.C.,discussed the counting and measuring rules spawned by health care reform during […]
“What would you attempt to do if you knew you could not fail?” I came across that question in a book the other day, and it really got me thinking. I firmly believe there are many things we don’t try because we’re convinced we won’t succeed. The thinking goes, “Why even go down that road […]
Employee Stock Purchase Plans can reduce 401(k) plan loans, a prominent money management firm says. Fidelity Investments found that employees are less likely to take out a loan from their 401(k) account if their company also features an employee stock purchase plan. Employee funds held in these often-discounted stock plans, which are increasingly seen as […]
SPECIAL from HR Tech Las Vegas In yesterday’s Advisor, we learned about advancements in healthcare benefit management that were presented at HR Tech Las Vegas; today, innovations in connecting new recruits with seasoned mentors in your organization.
SPECIAL from HR Tech Las Vegas The exponential growth of technology is affecting the workplace in exciting ways, and the fields of HR, Compensation, and Benefits are no exception. Among the innovators at this year’s HR Technology® Conference and Expo in Las Vegas was Castlight Health.