By far, employer-sponsored 401k plans are the most popular savings vehicles out there when it comes to planning for retirement. But are employees getting the best bang for their buck? [Read more...]
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Most firms’ 401ks are potentially illegal, says legal expert
Filed Under: 401(k), ERISA, In this week's e-newsletter, Latest News & Views Tagged With: ERISA, Fiduciary duty, Illegal, James Kwak, The Baseline Scenario
Breaking down the barrage of new Obamacare guidance & forms
With the main part of the Affordable Care Act set to take effect in a little over half a year, the feds have been very busy releasing new guidance. Here are the highlights of their latest efforts. [Read more...]
Filed Under: Healthcare Reform, In this week's e-newsletter, Latest News & Views Tagged With: COBRA Model Election notice, exchange notices, HSA contributions, Obamacare guidance, SBC changes
Would TV moms qualify for FMLA? (Mother’s Day graphic)
What do you get when you combine unusual employment law situations regarding the FMLA and the Affordable Care Act with famous television moms like Lucy and Marge Simpson? [Read more...]
Filed Under: FMLA, In this week's e-newsletter, Latest News & Views Tagged With: Affordable Care Act, FMLA obligations, Marge Simpson, Mother's Day, The Reed Group
Lawsuit highlights ticking ADA time bomb
Some companies have policies in place that just make you scratch your head — and a recent ADA case highlighted one such company. [Read more...]
Filed Under: ADA, Disability, In this week's e-newsletter, Latest News & Views Tagged With: "Reasonable accommodation", ADA, Gregor v. Polar Semiconductor, Interactive process
DOL ups the ante on FMLA compliance with latest move
Unlike wage-and-hour investigations, the DOL’s on-site presence at employers’ facilities has been virtually non-existent when FMLA issues are raised. But it looks like that’s all about to change. [Read more...]
Filed Under: FMLA, In this week's e-newsletter, Latest News & Views Tagged With: Diane Dawson, Disability Management Employer Coalition, FMLA compliance, FMLA Insights, Jeff Nowak
Push to kill FSA ‘use-it-or-lose-it’ rule: Will new bill pass?
Since the creation of the rule back in 1984, there have been a number of bills that have failed to repeal the IRS’ controversial “use-it-or-lose-it” rule governing health-based flexible spending accounts (FSAs). But thanks in part to Obamacare, there’s reason to believe the repeal may finally happen now. [Read more...]
Filed Under: HSAs & FSAs, In this week's e-newsletter, Latest News & Views Tagged With: FSA, H.R. 1634, Obamacare, Rep. Charles Boustany, Use-it-or-lose-it
‘Unreasonable’ demands on hourly staff spurs FLSA lawsuit
Granted, plenty of businesses are asking employees to do more with less these days. But when companies demand so much of non-exempt employees that they can’t feasibly get it done on the clock, it’s a problem waiting to happen. [Read more...]
Filed Under: FLSA, In this week's e-newsletter, Latest News & Views Tagged With: 'Unreasonable' demands, Call center, FLSA lawsuit, Jennings et al. v. Verizon, Off the clock
CEO uses his own bonus to reward employees
One of the biggest complaints about executive pay is the fact that C-level managers almost always get rewarded with exorbitant bonuses and incentive packages on top of their already healthy salaries. But it’s hard to find fault with how this exec used his bonus. [Read more...]
Filed Under: Bonuses & Incentives, In this week's e-newsletter, Latest News & Views Tagged With: Bonus, Incentive reward, Lord Wolfson, Next, The Guardian
Boston Marathon triggers rare FLSA exemption
While worker classification is the last thing on people’s mind during a tragedy, the Boston Marathon attack triggered the question: Is it possible for an exempt employee to lose his or her status by performing non-exempt tasks during an emergency? [Read more...]
Filed Under: FLSA, In this week's e-newsletter, Latest News & Views Tagged With: Boston Marathon, DOL, FLSA exemption, Non-exempt duties, Tragedy
3 ways tech can improve employers’ wellness offerings
By now, employers are well aware that health-management and wellness programs aren’t just some passing fad. But some firms are still frustrated with the less-than-stellar results their programs have yielded. Here are some ideas that can help.
Filed Under: In this week's e-newsletter, Latest News & Views, Wellness Tagged With: CafeWell, Electronic monitoring, Nike FuelBand, Tech tools, The Health Care Blog, Wellness