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Why Are Women Paid Less? Our Readers Talk Back

HRDA readers respond to our CEO’s suggestion that the gender pay gap isn’t  decreasing faster because women simply often don’t know how to ask for more. A few Fridays ago, our CEO, Bob Brady, ignited a bit of a firestorm in this space with his column on why … and to what degree … women […]

Bulletin Item: President Bush Signs Pension Funding Equity Act (HR 3108)

The new law provides a short-term replacement for the current 30-year Treasury bond rate, which is currently used as the benchmark rate for pension funding liabilities. Some employers, unions, and workers expressed concerns about using the Treasury bond rate because it artificially inflates a plan’s funding liabilities. Congress enacted a temporary fix in March 2002 […]

Workers’ Compensation: Insurance Commissioner Recommends Further Rate Reductions

Insurance Commissioner John Garamendi has announced he will recommend a 16.4 percent decrease in the workers’ compensation pure premium rate for policies starting on or after July 1, 2006. This recommendation is the latest in a string of recommended rate reductions since July 2003, when workers’ comp reforms went into effect. The cumulative recommended reductions […]

News Notes: Latest Developments In Stock Option Controversy

In the February issue of CEA, we reported on a controversial U.S. Department of Labor advisory opinion that said you might have to include stock option profits in an hourly worker’s base pay and retroactively recalculate overtime figured on the new pay rate. The ruling has come under fire not just from employers, but also […]

News Notes: EEOC Approves Proposal To Exempt Retiree Health Plans From Age Bias Rules

The Equal Employment Opportunity Commission has approved a rule that would allow employers to reduce or cut retiree health benefits once a retiree becomes eligible for Medicare or a comparable state-sponsored health benefit—without violating the Age Discrimination in Employment Act. According to the U.S. General Accounting Office, 10 million retired employees age 55 and over […]

News Notes: OSHA Issues Reminder that Teens Can’t Drive Forklifts

The federal Occupational Safety and Health Administration (OSHA) has released a new bulletin reminding employers that most workers under age 18 are prohibited from operating forklifts for nonagricultural operations. Plus, says OSHA, workers over 18 must be properly trained and certified before driving forklifts in the workplace. Note that Cal-OSHA also prohibits teens from driving […]

News Notes: Bush Proposes Extending Unemployment Benefits

President Bush has proposed a new package of emergency grants and unemployment assistance to help states deal with increased unemployment following the Sept. 11 attacks. Workers in states where the total unemployment rate has jumped by 30% above the Sept. 11 level would be eligible for an additional 13 weeks of unemployment benefits, which would […]