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ERISA Advisory Council Told Most ‘Derisking’ Payouts are Relatively Small

Concerns about the effect of lump-sum retiree distributions on the funded status of defined benefit pension plans with ongoing obligations to future beneficiaries were prominent as members of the ERISA Advisory Council tackled issues of “derisking” at a June 5 open meeting at the U.S. Department of Labor. There was high interest in the topic […]

New Rules Proposed to Provide FLSA Protections to In-Home Care Workers

The U.S. Department of Labor (DOL) is proposing a rule change that would expand minimum wage and overtime protections for many employees in the home-care industry. A statement from the White House on December 15 said that if implemented, the proposed rule would affect nearly two million workers who provide in-home care services for the […]

Comp Decisions Are Urgent, but Take Your Time

Many companies are making major decisions about their compensation programs without even running their plans by HR, says Attorney Lisa Van Fleet. You can’t let the financial people make those decisions, she adds. Yesterday’s Advisor featured Van Fleet’s advice for dealing with deferred compensation changes. Today we’ll get her specific recommendations about compensation decisions, and […]

DOL seeking feedback on long-debated overtime rule

Employers will get the opportunity to offer feedback on changes to the regulation governing which workers are eligible for overtime pay after the U.S. Department of Labor (DOL) publishes a Request for Information (RFI) in the Federal Register on July 26. On July 25, the DOL announced it would publish the RFI and released a […]

Organized labor continues to branch out

by Connor Beatty Maine lobstermen, paralegals, and college football players may not initially strike you as the type of workers who would join a union. Yet, in the past year, each group has taken steps toward unionizing, highlighting the trend of the modern union with organized labor branching out into previously unimagined industries. Why would […]

Race Discrimination: $131 Million Jury Verdict Hits Makers Of Wonder Bread

Yet another dramatic punitive damage award shows how juries can render potentially devastating employment-related verdicts. We previously reported on a pending lawsuit by 21 African-American workers at Northern California Wonder Bread bakeries for race discrimination. Now the verdict is in, and a San Francisco jury has awarded $11 million in compensatory damages and a whopping […]

Worst Mistake #3: Wage/Hour Missteps

In yesterday’s CED, we covered the first two “Worst Mistakes” your managers are making. Today, #3 on the list — plus an introduction to a webinar next week that can help you solve it.

Hot List: Bestselling “Organizational Behavior” books on Amazon.com

Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, May 4, in the “Organizational Behavior” section of the “Business and Investing”category. 1. Don’t Bring It to Work: Breaking the Family Patterns That Limit Success by Sylvia Lafair.  Lafair explores what happens […]