Practical HR Tips, News & Advice. Updated Daily.
Your employee handbook can be interpreted as creating express or implied contracts, says Attorney Allan H. Weitzman; however, disclaimers and receipts can help prevent that from happening. Employee Handbooks: Every Word Counts One important thing to remember when it comes to handbooks and whether they create contracts is that state law controls, so you […]
Your dream has come true, HR professionals. Your next “employee” may take no leave or vacation, need no benefits or discipline, do a perfect job every time—and make a perfect cup of coffee, too. Yes, new on-site “coffee kiosks” are manned, pardon the term, by robot baristas, reports NPR. Hot and cold beverages are ordered […]
When you are reviewing your retirement and dependent benefits or helping your employees who are veterans or on active duty or, you would never think that what you are doing could have ramifications centuries into the future—but they can! The Veterans Administration (VA) is still paying a pension to a dependent of a Civil War […]
Harris, who is Managing Director at Frederic W. Cook & Co., was joined by Ron Miller, Head of Global Rewards, Mobility, M&A, E.I. du Pont de Nemours and Company, in a presentation at the WorldatWork Total Rewards Conference and Exhibition in Philadelphia. Elements of an Executive Compensation Program Element Importance Comment Compensation Strategy Medium Reflects […]
Self-funded plans that are also self-administered will be made exempt from paying reinsurance contributions under the health care reform law for the 2015 and 2016 benefit years, the Centers of Medicare and Medicaid Services said in final program integrity rules. The promised relief will occur in future rulemaking, according to the preamble of the program […]
If your retirement plan committee is satisfied with the automatic enrollment policy in place but has expressed concerns about the rising cost of the employer match that a growing participant base can bring, new research may provide a window into how other employer plan sponsors are handling this dilemma. Automatically enrolling employees in company retirement […]
The Southern Baptist Convention’s health and financial benefits entity has filed a putative class-action lawsuit against the health care reform law’s contraceptive mandate on behalf of church plans. The suit contends the religious liberty of the organizations covered by GuideStone Financial Resources (which arranges health coverage and retirement benefits for clergy and others) is violated […]
Well-written and effectively developed job descriptions are communication tools that allow both employees and candidates to clearly understand the expectations of the role, its essential duties, competencies, and responsibilities, along with the required educational credentials and experience, says Kennedy. Kennedy is the principal consultant of MAKHR Consulting, LLC, and author of the career coaching book […]
Unless Congress acts soon, employees will once again have less to use for mass transit expenses under qualified transportation fringe benefit plans, and employers will once again have to lower the limits they allow under QTFBs at the end of the year. The mass transit component of QTFBs, which covers expenses incurred in commuting to […]
By Mary Jo Larson Nearly every 401(k) plan offers its participants some investment options that include revenue-sharing fee payments. For many years, employers were not even aware that their participants’ investments were generating these payments. Today, in the wake of new U.S. Department of Labor disclosure and reporting rules and well-publicized cases attacking employers for […]