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The Compensation Daily Advisor® announced today the release of a free report for compensation professionals, Top 100 FLSA Overtime Q&As. This report provides employers with an examination of the federal Fair Labor Standards Act (FLSA) overtime regulations in Q&A format, including tips for bringing workplaces into compliance in an affordable manner. It will be available […]
It’s important to disclose information through ERISA-required documents properly: it can be a plan administrator’s last line of defense if participants allege that they suffered losses because they didn’t know their rights or important plan terms. That obligation has grown in response to the financial scandals of the last decade (Enron, WorldCom, mortgage-leveraged bonds, etc.). […]
Employment law attorney Mike Maslanka of Dallas takes a look at the chapter on having difficult conversations with employees from As We Speak: How to Make Your Point and Have It Stick by Peter Meyers and Shann Nix. Previously, I wrote about As We Speak: How to Make Your Point and Have It Stick by […]
Bottos, who is Vice President of Compensation at data provider Kenexa, offered her suggestions at a recent webinar sponsored by the company. Here are her 10 steps: 1. Analyze your organization’s jobs to determine: Main function of the job and key responsibilities Knowledge/skills/abilities required Organization level and reporting relationships 2. Develop a brief job summary: […]
If I call colleagues in other companies to see what they are paying, am I creating a Sherman Anti-Trust Act violation? It’s likely, but there are safe harbor provisions, says Bottos, Vice President of Compensation at data provider Kenexa. Her suggestions came at a recent webinar sponsored by the company. What’s the Practice in the […]
Why do employers fail to investigate? asks Denise Kay, Esq. “The number one reason is that they don’t know what to do. Employers are especially fearful when agencies are involved.”
Rule number one in documentation, says attorney Allison West, is to include all the details, but you have to ignore that rule because of rule number two—be concise. When doing your documentation, it’s important to offer up all the facts, says West. Paper is cheap, she adds. However, at the same time, don’t be so […]
It has now been almost a year since health care reform was first enacted. The first year involved many compliance challenges, not the least of which was keeping up with the many pieces of guidance issued by DOL, IRS and HHS. Plans had to expand coverage (more dependents, fewer dollar limits, no more questions about […]
The decision in Quinn v. St. Louis Co. illuminates a fine line for employers. While eligible workers must be granted unpaid time off for qualifying serious health conditions under the FMLA, the court showed that interference must have material consequences – such as actual denial of time off – for employees to make a convincing […]
McAnally is president of SalesComp America, in Andover, Massachusetts. Killer #7. Design Comp Plans That Don’t Match Company Goals [Go here for mistakes 1 to 6.] Nobody’s going to be happy with the sales force if compensation plans don’t match up with company goals. Say you’re trying to launch a new product that is much […]