Practical HR Tips, News & Advice. Updated Daily.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
March is Women’s History Month. Let’s face it, the business world has been dominated by men for too long. Episodes of Mad Men come to mind, where just 50 years ago the majority of women served as assistants or secretaries. Sure, we’ve made progress, but has it been fast enough?
ERISA stands for the Employee Retirement Income Security Act of 1974. In short, this is the federal law that creates standards for retirement, health, and pension plans. Even though such plans are typically set up privately, employers that opt to offer them have an obligation to meet the requirements under ERISA when implementing their plans. […]
In yesterday’s Advisor, attorney Ted Boehm explained the rules governing deductions in pay for nonexempt employees (and how to avoid the pitfalls); today, he presents the facts regarding deductions and exempt workers.
Even if those administering your plan are familiar with the ERISA notice and disclosure requirements, it’s worth remembering the importance of notification during the series of benefits transfers that can occur from corporate takeovers. Not doing so, even if the accrued benefits are shifted to the new company, can leave participants unaware — and possibly […]
Existing sex discrimination guidelines (found at 41 C.F.R. part 60-20) have not been significantly updated since 1970. Since employer policies and practices—and the workplace itself—have changed dramatically since then, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has started action to update its guidelines.
Some employers believe that deducting from an employee’s pay can be done at their own discretion. However, the law scrutinizes pay deductions very closely, and the scope of acceptable situations for them may be far narrower than you think. Attorney Ted Boehm shares what you need to know.
Simply paying an aggrieved plan participant for unpaid benefits due was enough to make him whole under ERISA, so no further money damages were warranted as a form of equitable relief, a federal appeals court has ruled. With this conclusion, a majority of the full en banc 6th U.S. Circuit Court of Appeals overturned an earlier ruling […]
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In yesterday’s Advisor, consultant John Rubino described total reward statements and what employers should include in them to maximize their effectiveness; today, Rubino’s thoughts on how to communicate these statements to employees.
In yesterday’s Advisor, we shared tips on total reward statements (and what should be included in them) from Consultant John Rubino; today, his advice on the next very important step: communicating them to employees.