Author: HR Daily Advisor Staff

Pension

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.

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 […]

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.

FLSA

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.