Practical HR Tips, News & Advice. Updated Daily.
Twelve well-known U.S. financial services industry figures will meet Sept. 11 with the chairman of the Securities and Exchange Commission to discuss their “Fiduciary Declaration,” which will urge Congress and the agency to heighten protection for those receiving investment advice. The declaration, to be signed by Paul Volcker, John C. “Jack” Bogle, Sheila Bair and […]
By Kara E. Shea Tennessee’s Unemployment Insurance Accountability Act, which takes effect September 1, amends the state’s unemployment statute in ways helpful to employers. For instance, the new law defines what constitutes “making a reasonable effort to secure work” for the purposes of unemployment insurance eligibility. It specifies that “making a reasonable effort to secure […]
Give workers these safety recommendations from the Centers for Disease Control and Prevention (CDC) on using safety repellents: Always follow the instructions on the product label. Apply repellents only to exposed skin and/or clothing (as directed on the product label.) Do not use repellents under clothing. Never use repellents over cuts, wounds, or irritated skin. […]
Recently, I wrote about the importance of consistent, dedicated effort on a daily basis, quoting Woody Allen, “90 percent of success is showing up.” Some might ask, as they have, “Doesn’t it take more than having your butt in a chair?” Of course it does. Consider a student with perfect attendance. She’s at school each […]
A former police chief in Vermont was correctly classified as exempt under the Fair Labor Standards Act’s executive exemption — despite the fact that he frequently had to perform patrol work — because the bulk of his duties were still considered managerial, the Vermont Supreme Court ruled Aug. 10. In spite of his status as […]
by Keri Bennett It has been a fundamental principle of employment law that terminated employees generally have an obligation to seek alternate employment to minimize or mitigate their resulting losses. Their right to get from the terminating employer the pay they would have received during a period of reasonable notice is usually net of any […]
A Connecticut-based fiduciary investment adviser agreed in a settlement to pay about $1.3 million to 13 pension plans to resolve alleged ERISA violations related to mutual fund fees the firm received. USI Advisors Inc. made investments in mutual funds on behalf of ERISA-covered defined benefit plan clients and received 12b-1 fees from those funds, according […]
Concerns are mounting in the United States about the increase in retirement plan “leakage” — hardship early withdrawals and loans being taken against such plans during tough economic times. As more Americans deplete their retirement savings to meet emergency expenses resulting from long-term unemployment, tightened credit or high medical expenses, policy makers are seeking ways […]
In 2007, the Equal Employment Opportunity Commission (EEOC) sued on behalf of a class of female tractor-trailer drivers against a large interstate trucking firm. But judges in two federal courts have now virtually thrown the case out. What happened. CRST Van Expedited is the trucking firm, and one of its female trainees complained to EEOC […]
Thanks to all who participated! Here are the detailed results: Most Common HR Policies The most widely implemented policy, according to our survey respondents, is harassment and/or discrimination with 94.5% having such a policy, followed closely by employee leave at 91.1%. Also above the 90% mark are computer and Internet use, confidentiality and proprietary information, […]