Tag: San Francisco
Health Care: California Health Care Reform Gets a Step Closer
The California Assembly has voted in favor of a landmark health care reform measure—A.B. x1 1, the Health Care Security and Cost Reduction Act—which is backed by Gov. Schwarzenegger. The bill now heads to the Senate for consideration. If approved there and signed by the governor, the bill would then go to voters in November […]
Civil Rights: Do We Have to Offer Breastfeeding Stations?
One of our employees who has recently returned to work after giving birth says that we have to give her a special room and special breaks to express milk. This would hurt our productivity. Do we have to allow this? —Rachel W., HR Manager in San Francisco
Employment Law Tip: Workers’ Comp Costs Down—Are You Getting the Best Deal?
Last week, California Insurance Commissioner Steve Poizner announced that insurers’ workers’ compensation costs have plummeted by 70 percent since the workers’ comp reforms of 2003 were implemented—and as a result, pure premium rates will remain unchanged for now. Poizner noted, though, that insurers should continue to pass on the cost savings to businesses in the […]
Expense Reimbursements: IRS Raises Mileage Rate for 2008
The Internal Revenue Service has increased the standard mileage rate commonly used to reimburse employees for business use of a car to 50.5 cents per mile, up from 48.5 cents in 2007. The new rate will apply to miles driven beginning Jan. 1, 2008. Employers who use the IRS standard mileage rate to reimburse employees […]
Disclosure Rules Reveal Boom In Executive Perks
The first year of employer disclosures made under the new U.S. Securities Exchange Commission disclosure rules for executive compensation reveals an approximate threefold increase in the value of executive perks. Under the new rules, employers must disclose perks totaling $10,000 or more; previously, the disclosure threshold was $50,000. This causes concern for executives as many […]
Bush Plan For Kids’ Insurance May Force Cuts In California
Retirement Plans: Major Changes to the 403(b) Rules; How to Prepare
Section 403(b) of the Internal Revenue Code is undergoing its most significant changes in decades. The IRS has issued final regulations for retirement plans governed by Section 403(b) and maintained by nonprofit and tax-exempt organizations and public schools for their employees’ benefit. The plans may be funded through annuity contracts issued by an insurance company, […]
Compensatory Benefit Plans: California Amends Compensatory Stock Plan Rules
Bulletin: Government revises Form I-9
The U.S. Citizenship and Immigration Services (USCIS) has released a new Form I-9, which you can access at www.uscis.gov. Five documents, which employees previously could have submitted for proof of identity and employment eligibility, were removed from List A because they lack sufficient features to help deter counterfeiting, tampering, and fraud. Employers can no longer accept […]