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Author: Human Resources & Payroll HR&P
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| Articles by Human Resources & Payroll HR&P |
1. Think You Have an ERISA Plan? Don't Be So Sure
October 21, 2013
Take a look at how a recent court case illustrates the effect of ERISA on a legal dispute.
In Cantrell v. Briggs & Veselka Co., the U.S. Court of Appeals for the 5th Circuit had to decide whether or not a pair of employment contracts amounted to a benefit plan covered by ERISA. The pl...
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2. Don't Be Haunted by Inappropriate Halloween Festivities at Work
October 21, 2013
These days, business managers may try to lighten the mood in the office by organizing recreational or other pleasurable activities for employees to enjoy. With Halloween fast approaching, you might authorize a party based on this theme or encourage employees to wear costumes to work one day. ...
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3. Does Your 401(k) Plan Need a Safe Harbor for the Coming Year?
October 21, 2013
If your company flunks one or more of the tests related to your retirement plan, you could indeed be charged a hefty penalty. The tests measure the average deferral percentage (ADP), the average compensation percentage (ACP), and 401(k) non-discrimination tests for failing to make the minimum...
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4. Important Employer Deadline under the Healthcare Law Is Almost Here
October 09, 2013
Unless the federal government does a dramatic about face, the public health insurance exchanges will be up and running October 1 for enrollment in 2014. Many employers are also facing an October 1 deadline that imposes a paperwork burden. By that date under the Affordable Care Act, most emplo...
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5. ACA Pushes Preventive Care Wellness
October 09, 2013
Unless your health plan has "grandfathered" status, you are already subject to the Affordable Care Act (ACA) requirement that preventive services (as defined on this government website) be included in your plan, and come without any employee deductible, co-pay or co-insurance provisions. (Thi...
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6. Defined Contribution Health Plans: Review Your Options
October 08, 2013
Background: Defined contribution health plans operate the same way a 401(k) plan fixes your annual commitment to employees' retirement savings. The traditional (and original) alternative is the defined benefit model, in which you agree to provide a specific level of benefits, such as a pension amoun...
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7. Reduce the Chance Employees Will Stress You Out on Social Media
September 16, 2013
You have probably heard some of the horror stories. For example, there was the case of an employee who used certain unflattering words to describe her supervisor, including "scumbag," in a post visible to co-workers. When she was terminated and took her case to the National Labor Relations Board, th...
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8. New Approach to FMLA Compliance Could Generate Savings
September 15, 2013
Research suggests there is not enough attention given to leaves taken under the Family Medical Leave Act (FMLA), and how they correspond to disability claims which may follow. With a better understanding of the correlation you may be able to manage some health issues and the high cost of FMLA absenc...
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9. Avoid Costly Wrongful Termination Charges with Proactive Steps
September 13, 2013
What is wrongful termination? If you are accused of this after firing an employee working under a contract, the answer is simple: You violated the terms of the contract (or concrete labor law provisions described below). But if, more typically, the charge comes from an employee without a con...
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10. Looming Deadlines Spotlight Worker Classification Issue and Relief Options
August 12, 2013
The costs associated with employee misclassification can be brutal -- up to half of a misclassified employee's salary for each year of the misclassification, when unpaid federal and state taxes are involved, along with penalties and interest. This is why the IRS is working with employers to voluntar...
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