Tag: benefits

Workers’ Comp Basics

Workers’ compensation laws have come about as a way to establish a means of compensation for injured employees while simultaneously reducing the amount of litigation against employers when employees are injured on the job. The workers’ compensation laws are administered on the state level, and the federal government has its own separate program. Workers’ compensation […]

Health Care Reform: COBRA notices changed; special enrollment opportunity created

Due to some ambiguity in model government language explaining the interplay of the Affordable Care Act with COBRA coverage, the Obama administration has both proposed an update to model COBRA notices and provided a new special enrollment opportunity for COBRA qualified beneficiaries (QBs) to enroll in marketplace coverage. Last year, the U.S. Department of Labor […]

Pros and Cons of Noncompete Agreements

A noncompete agreement is an agreement between an employer and employee that the employee will agree to not work for a competitor immediately after leaving employment with the current employer.

Penalties Await Plans That Ignore ACA’s High-litigation Risks

Employers have cited complying with the Affordable Care Act as their number one concern in surveys, and that wouldn’t be the case if there weren’t taxes and money penalties backing it up. This is true even though the government postponed until 2015 penalties for failure to comply with the ACA’s play-or-pay mandates, temporarily reducing the […]

Employee Development: Using it as a Retention Tool

Some employers fear spending on employee development, citing the risk that the employee might take those new skills and leave. This fear is pervasive. It affects decisions not only for new hires, but for long-term employees wanting to advance their skills. This can become a catch-22, however, since employees who are not given opportunities to […]

PBGC Proposes Facilitating DC-to-Pension Plan Rollovers

As more 401(k) plan participants look for retirement savings options that resemble traditional pensions, the U.S. Pension Benefit Guaranty Corp. has proposed exempting  DC-to-DB rollovers from maximum guarantee and five-year phase-in limits. The agency in early April proposed regulations that would amend its rules on allocation of assets and benefits payable in terminated single-employer plans to clarify […]

Practical Examples: FMLA to Care for Children 18 and Above

My 20-year-old daughter has been put on bed rest because of her high-risk pregnancy. I am the only one available to care for her. Can I take FMLA leave for this reason? Maybe. In order to take FMLA leave to care for your adult daughter, she must be incapable of self-care due to a disability […]

The 5 Hoops—FMLA Leave over Children 18 and Older

First, the child must meet the FMLA definition of a “son or daughter.” Second, the child 18 years of age or old must be “incapable of self-care.” Third, the incapability for self care must be because of a mental or physical disability at the time FMLA leave is to commence. Fourth, the child must have […]

Development, Mentors, Opportunities, Risk, and Reward Keep HIPOs Engaged

Here are some more tips for managing HIPOs (high potentials): Increase risk and reward. This might mean giving more at-risk salary in the form of bigger bonuses or incentive pay for outstanding performance. Having more say over final take-home pay can allow HIPOs to feel more in charge of their career outcome, even if the […]