Practical HR Tips, News & Advice. Updated Daily.
It wasn’t so long ago that older workers feared—and not without cause—losing their jobs to younger competition. The thought was that younger, energetic talent having just acquired the most up-to-date education would force out older colleagues who were making more money due to their seniority but who were likely to be less productive than the […]
The U.S. Department of Labor’s (DOL) new model forms for Family and Medical Leave Act (FMLA) administration are now available, but don’t expect any substantive change. Only the expiration date has changed.
The U.S. Department of Labor (DOL)’s guidance for locating missing participants in the event of a plan termination has become more widely accepted for finding such participants in a variety of scenarios. But the guidance does not clearly state at what point the retirement plan fiduciary has met its obligation to track down missing participants […]
Federal agency audits are never far from the minds of employer retirement plan sponsors and their third-party administrators (TPAs), but knowing which recurring errors and internal controls most interest the Department of Labor (DOL) and the Internal Revenue Service (IRS) right now can be helpful in avoiding or preparing for such inquiries.
The United States is still one of the only developed nations that doesn’t federally mandate some sort of paternity leave for new fathers or domestic partners. And where new fathers or domestic partners are eligible for paternity leave, it’s usually only available for around 2 weeks and doesn’t provide eligible employees with their full rate […]
The U.S. Department of Labor’s (DOL) fiduciary rule was laid to rest June 21 when the U.S. Court of Appeals for the 5th Circuit issued a final mandate to vacate the regulation aimed at expanding the definition of an investment advice fiduciary.
Summer is right around the corner and for employers that hire minors or use college students as unpaid interns, you should take the time to review your hiring practices to make sure they are in compliance with federal law.
Those with eagle eyes and current FMLA administration needs may have noticed the May 31, 2018, expiration of several model DOL forms. Never fear, fresh forms—now sporting a June 30, 2018, expiration—are now available from the DOL. Aside from the one-month expiration extension, no other changes have been made to the forms.
The U.S. Department of Labor (DOL) confirmed that neither it nor the Internal Revenue Service (IRS) would punish prohibited transaction exemption (PTE) violations by investment advice professionals who are fiduciaries working in good faith to comply with impartial conduct standards.
The U.S. Department of Labor (DOL) is reportedly planning to change rules on youth employment so that more teens would be allowed to train to work in jobs deemed hazardous. But attorneys focusing on employment law issues warn that even if the change takes place, employers will still need to keep safety a priority and […]