Practical HR Tips, News & Advice. Updated Daily.
Your company may be among the many that extend adoption benefits to their employees. Just as it does when an employee becomes a parent in the traditional manner, your firm may offer paid time off when an employee adopts a child. That is wonderful, in terms of work/life balance. After all, no matter how a […]
When you hear the word ‘target,’ you may picture a specific point in the center of a group of concentric circles. The target doesn’t move, and it doesn’t change shape. Is that the picture in your mind when you think of a target date fund? If it is, you’re not alone. A target date fund, […]
A recent study conducted by Equilar of CEO turnover in the S&P 1500 has found that women are finding some foothold in the traditionally male-dominated roles of CEO. A March 2011 study by Catalyst found that while women comprise nearly half (46.7 percent) of the U.S. workforce, they make up only 2.2 percent of the […]
The 9th Circuit Court of Appeals has ruled that state courts can determine that a domestic relations order (DRO) is a qualified domestic relations order (QDRO). Mack v. Kuckenmeister, Nos. 09-15290, 15291 (2010). Facts. “Mike and Sarah Jones” were in the midst of divorce proceedings during 2005 and the early part of 2006. Mike had […]
In September, a judge rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America that it deemed unfair to stockholders. The settlement related to bonus payments to Merrill Lynch executives at the time of Bank of America’s acquisition of the firm. The rejection was another indication to Scott Landau that […]
In September, a judge rejected a $33 million settlement between the Securities and Exchange Commission and Bank of America that it deemed unfair to stockholders. The settlement related to bonus payments to Merrill Lynch executives at the time of Bank of America’s acquisition of the firm. The rejection was another indication to Scott Landau that […]
Have you thought about the employees you will hire 10 or 15 years from now? Probably not, but the National Business Group on Health (NBGH) wants you to. The organization works with large employers to develop workplace policies aimed at keeping the population healthy and productive and at the same time save money for their […]
Companies considering a move to a consumer-driven healthcare (CDHC) model to cut costs and keep their health plan budgets under control need to focus on employee needs. If not properly communicated, moving employees to a CDHC model can be perceived as no more than a massive cost-shift, and will damage morale and productivity. But, if […]
Compensation laws are changing, and the changes will likely mean you’ll do things differently. The Ledbetter decision, covered here in recent issues, may have you scrambling to document pay decisions better and keep the records longer (or indefinitely). What you may not know is that these decisions could have an impact on your overall human […]
by Richard Berger, Cammack LaRhette Consulting It seems as if everybody is freezing their pension plans. If your defined benefit (DB) plan is desirable, how can you make it manageable for the long haul and avoid a freeze? What Has Driven Employers to Freeze? Employers have been freezing their pension plans for two main reasons, […]