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H-1B Wage Violations Cost Employer Millions
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 […]
Negative Blogs: Your Story or Theirs?
No matter what you do, your company is going to be featured on blogs, says Alison Davis. “So you have a choice as a company—either you lay out the story from your perspective, or you let someone else write it.” Davis, a communications consultant, recommends a thorough and proactive approach to social media on the […]
FedEx May Owe Huge Tab for Diver Misclassification
FedEx Corp., which has been in the hot seat lately over allegations of misclassifying delivery drivers as independent contractors (see CWHA October 2007 and October 2006), could owe a whopping $319 million in back taxes and penalties because of the classification problems, the IRS has tentatively concluded. The IRS assessment, which pertains only to 2002, […]
New FMLA Rules Coming Soon
The U.S. Department of Labor, which enforces the Family and Medical Leave Act (FMLA), has announced that it will soon publish—by June 2006—a new rule conforming the department’s regulations to recent court decisions concerning the FMLA.
News Notes: NLRB Removes Union Protection In Company Takeovers
The National Labor Relations Board has overturned one of its prior rulings that gave unions some protection from challenge when a nonunionized employer acquires a unionized company. Under the previous rule, unions could bargain with the new, nonunion employer free from challenge for a reasonable length of time after the takeover. Now, the NLRB has […]
6 Things You Don’t Want To Say In Court
Many times, the easiest way to train managers about HR issues is to ask them to imagine themselves on the witness stand. When they realize what they will have to admit to, they learn fast.
GOP Out! Democrats In! What Federal-State Law Conflicts Are Most Likely Now?
Whenever there’s a major power shift in government, it’s time to look at employment law again … and especially at federal-state conflicts. Just over two weeks and counting. Who’s counting? The Democratic Party, of course, anxiously awaiting the day … January 4th … that their dozen-year exile from control of Congress ends. When power shifts […]
Government Proposal Refines Reform Fees on Health Plans
A proposed rule put on public display Nov. 26 adjusts Transitional Reinsurance Program rules and tries to put out fires left burning by the ever-moving target of health care reform. For example, it proposes a lower contribution level insurers and self-funded plans would pay in 2015 to a transitional reinsurance fund, and gives employers the […]