Tag: employer

Defined benefit retirement plan

Almost a Third of Defined Benefit Plans Have 95% Funding, Making Buyouts, Risk Transfers ‘Feasible,’ Study Finds

Approximately 30% of U.S. defined benefit (DB) pension plans currently have a funded status of 95% or higher, making a full buyout or significant risk transfer transaction a “feasible option” for a growing number of plans since the start of the year, according to a recent analysis by RiskFirst, a financial technology company that works […]

Getting More Employees to Sign Up for Your 401(k)

If you offer a 401(k) for employees, you may have noticed that not nearly all employees who qualify for it have signed up for it. This can be perplexing for employers. After all, this is a benefit to help employees, and it typically reduces their tax burden while helping them save. Yet many employees don’t […]

Retain Employees with These 5 Actions

Recent research conducted by iCIMS shows that  workers stay with an employer for 2 to 3 years on average. Additionally, up to 70% of employees leave a company for better pay, and 53% claim that they leave because they don’t think that their employers care about them as individuals. In other words, retaining employees should […]

A Refresher Course on FMLA Return-to-Work

In my opinion, the Family and Medical Leave Act (FMLA) remains one of the most (if not the most) difficult employment laws to administer. The federal regulations are lengthy and detail-oriented, setting forth various compliance deadlines, rules, and (of course) exceptions.

NLRB’s New Guidance Loosens Reigns on Handbooks

Earlier this year, we predicted that the National Labor Relations Board (NLRB) would be “loosening the reins on employer handbook rules.” We can finally tell you exactly how much the reins have been loosened because the NLRB’s General Counsel has outlined the standards the Board will follow when assessing employers’ personnel policies. Overall, you will […]

Severance

So, You Think You Have a Strong Severance Agreement?

It’s no secret that a severance agreement can be an effective risk-management tool.  When done right, the separation agreement will forever bar legal claims by the employee who signs it. The question is: do you do yours right? 

The National Anthem: Let Them Stand or Make Them Stand?

It has been a long-standing tradition for championship sports teams to visit the White House and meet the president. Consistent with that tradition, the Philadelphia Eagles were invited to visit the White House on May 6, 2018, after they won this year’s Super Bowl. As it turns out, the visit never took place.