New IRS Procedure Helps with IRA and Retirement Plan Rollovers
Help is here for employees who miss their retirement rollover windows.
Month: October 2016
Employer Faces Class Action Claim for 3-Year COBRA Notice Lapse
By Gwen Cofield Employers and plan administrators should frequently review their Consolidated Omnibus Budget Reconciliation Act (COBRA) procedures to ensure initial and election notices are distributed on a timely basis. Systemwide notice failures can lead to costly class action litigation.
3 Reasons Why Healthy Snacking Is the Key to Employee Engagement
By Sean Kelly, SnackNation cofounder and CEO There’s an epidemic in the American workplace. It’s undermining your company’s ability to reach its full potential, and zapping individual employees of their energy and purpose.
Largest Defined Contribution Plans Look to Adopt DB Best Practices for The Future
By Jane Meacham While acknowledging that maintaining traditional defined benefit (DB) pensions has become either too expensive or too burdensome, several Fortune 500 company retirement plan sponsors would like to replicate for their defined contribution (DC) plans some of the efficiencies from their DB plans, according to a new survey report from BNY Mellon.
Why your employee engagement efforts don’t work
by Brad Federman Bersin & Associates noted in 2012 that in the United States alone, we spend more than $720 million annually on improving employee engagement. According to sources such as the Center for Creative Leadership, PerformancePoint, Kenexa, and Gallup, between 58% and 90% of employees do not trust management, between 14% and 58% believe […]
How Does NLRB’s Ruling on Graduate Students Influence You?
Recently, the National Labor Relations Board (NLRB) ruled that graduate student assistants are entitled to unionize at private colleges and universities. What impact does this have for the labor landscape in general?
Politics in the Workplace—What’s an Employer to Do?
By John Balitis The 2016 election is almost here, and political debate is probably in full gear at many workplaces across the nation. It can be difficult to gauge how much an employer may regulate political speech, and therefore it’s important that managers are trained on how to handle it. To help, today we present […]
Smell Harassment: Yes, That’s a Real Thing and There Is Training for It
What is smell harassment? There is no formal definition of this term, at least where Merriam-Webster is concerned. However, it can be defined as a person—or group of people—who is offended by the way another person smells, particularly via a person’s body odor or bad breath. This touchy subject can also open Pandora’s Box for […]
Ignoring Employee’s Overtime Won’t Make It Go Away
By Kate McGovern Tornone, Editor When an employee works overtime, an employer can’t ignore those hours. Even if an employee fails to report the hours, an employer may be liable for back pay and damages if it “should have known” the employee was working overtime, a recent case illustrates.
House Approves 6-Month Delay of Overtime Rule
By Kate McGovern Tornone, Editor The U.S. House of Representatives passed a bill September 28 that would delay new Fair Labor Standards Act (FLSA) overtime regulations by 6 months; a similar bill was introduced in the Senate the same day. Experts, however, say employers shouldn’t expect a reprieve.