Tag: california hr
Compensation Costs Rising At Quick Pace
Employer Cash Incentives For Hybrids Are Taxable Compensation
Many States Boosting Minimum Wage
DOL Goes After Maid Company
No Wage Liability For Corporate Officers And Directors
Wage and Hour: Rent-A-Center Settles Overtime and Meal Breaks Suit
Rent-A-Center Inc., a rent-to-own business based in Plano, Texas, has agreed to shell out $4.95 million (including attorney’s fees) to settle a class action lawsuit charging that the company violated California wage and hour laws pertaining to overtime, meal and rest breaks, and delaying final paychecks. The settlement, which will be shared by about 6,000 […]
San Francisco Launches Sweeping New Health Care Program
San Francisco mayor Gavin Newsom has signed into law the San Francisco Health Access Program, which is designed to provide health care access to all city residents by 2007. The plan is expected to cover 82,000 uninsured in San Francisco, at a cost of approximately $200 million per year. Part of the cost of the […]
Pension Plans: IBM Wins Cash Balance Pension Case
The U.S. Court of Appeals for the Seventh Circuit has rejected a lawsuit charging that IBM’s conversion to a cash-balance pension plan violated age discrimination prohibitions in the Employee Retirement Income Security Act (ERISA).
President Signs Pension Reform Law
On August 17, 2006, President Bush signed the sweeping Pension Protection Act of 2006 (H.R. 4) into law. The bill, which is the most comprehensive overhaul of pension laws in 30 years, will: require employers to fully fund pensions, with time limits for funding shortfalls; encourage more employers to use automatic enrollment in 401(k) plans; […]