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 Compensation News

ERISA—Federal

Guidance Issued for Single-Employer DB Plans
May 09, 2008—Employers sponsoring single-employer defined benefit plans may be interested in new guidance from the Treasury Department and the Internal Revenue Service related to the new funding rules enacted as part of the Pension Protection Act of 2006.
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ERISA—Federal

Revised Fee Disclosure Bill 'Worse' Than Original
May 08, 2008—The U.S. Department of Labor (DOL) and an industry organization have expressed concern about a revised version of The 401(k) Fair Disclosure for Retirement Security Act (H.R. 3185), which was recently marked up by the House Education and Labor Committee.
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Hiring—Federal

More Employers View Internship Program for New Hires
May 07, 2008—A new survey by the National Association of Colleges and Employers (NACE) finds that employers are increasingly tapping their current roster of interns when looking to hire new employees.
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Compensation Administration—Federal

Self-Audit Of Compensation Plans Reveals Strengths, Weaknesses
May 05, 2008—A compensation plan self-audit may seem intimidating, and it's true that you may want to seek expertise to help you the first time through. But once the tracks are laid, you can follow them every year or so to learn whether your compensation plans are doing what you want them to--or whether they are not.
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Layoff—Federal

How Do You Cope with an Economic Recession?
April 28, 2008—Is the U.S. economy already in recession? Is that condition just around the next corner? Across the nation, employers find it nearly impossible to ignore the possibility that revenues and profits could drop--and they're already feeling the pain in real estate, construction, financial services, and the automotive industry. If you're still at the stage of the jitters, should you act on them?
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