According to a new survey from human resource consulting firm Hewitt Associates, most companies don’t offer holiday bonuses. Out of 432 employers surveyed, 67% won’t offer any type of bonus for the holidays this year–this includes cash, food or other types of gifts. Since 1999, the percentage of employers not offering bonuses has hovered between […]
It’s not uncommon for employers to offer older workers early retirement or severance benefits in exchange for having them waive potential age-bias claims they might have under the federal Age Discrimination in Employment Act (ADEA). But employees sometimes have second thoughts—after they have accepted the benefits. Now the Equal Employment Opportunity Commission has issued new […]
If we fire an employee, do we have some extra time to get the final paycheck to him or her?
If your employees take home tips, you should be aware that a new U.S. Supreme Court decision approves the way the Internal Revenue Service figures your tax liability on those tips. And if you should want to dispute the amount owed, you’ll now need to keep more detailed records of each employee’s tips.
The Obama Administration’s proposed 2013 budget includes funding to hire 92 additional Wage and Hour Division investigators. The budget would allocate $6.4 million to hire investigators to enforce the Fair Labor Standards Act and the Family and Medical Leave Act, said Nancy Leppink, acting WHD administrator during a webchat on Monday. The funding would allow […]
As a growing number of large U.S. companies announce plans to “de-risk” their traditional defined benefit plans to lower their pension obligation and retiree distribution costs, the Pension Rights Center called for a moratorium on such actions until Congress can look into the risks these strategies pose to workers and retirees. On Oct. 17, Verizon […]
If equal pay issues aren’t visible on your radar screen, they should be. That’s because both the government and disgruntled employees continue to target employers who violate equal pay laws. Congress is actively debating a bill that would strengthen federal equal pay rules (see the Special Supplement on pending legislation in this month’s Bulletin). And […]
Improper job descriptions can confuse your organization, stifle creativity, and land you in a lawsuit. Here’s what to watch out for. Job descriptions are among the most prosaic tools in the HR toolbox. They’re a basic of every HR program, the blueprint of who does what, when and where, and how it all fits together […]
Supplementing your regular workforce with staff provided by an employee leasing company has become an increasingly popular way to keep administrative and benefit costs down and maintain labor flexibility. Many who use leased workers and long-term agency temps consider themselves immune from the risky misclassification problems that have plagued employers who use independent contractors. But […]