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Compensation Ezine - Weekly

House OKs 90 Percent Tax on Bonuses at Bailout Recipients

COBRA Subsidy Model Notices Released

Employers' Confidence in Future of Health Benefits Dips

Some Employees Make 401(k) Changes After Market Declines

Top 10 Compensation Stories

HR Challenge®: Sexual Harassment

Compensation Hot Topic: Annual and Quarterly Bonuses

Compensation Q&A

Odd Jobs

Featured White Paper:

Incentive Compensation: Not Just For Sales People, Executives

Also:

Tool of the Week

Featured Resources

Poll:

90% tax on bonuses: Good idea?

Last Week's Poll:

401(k)s: How are employees coping?

New COBRA Changes – Action Needed Now

The changes to COBRA, while not permanent, are immediate and monumental. Let BLR® help you through this challenge. All employers need to be aware of pending deadlines, required notices they must provide to eligible individuals, and various recordkeeping and administrative requirements that must be followed to conform to the law.

BLR legal editors have compiled a special compliance focus report, COBRA Subsidy Program: Steps to Compliance, to summarize key terms and provisions.

Topics in the report include:

Who is eligible?
What constitutes "involuntary termination”?
When do rules become effective?
Federal and state COBRA – what is the rule?
Recordkeeping requirements
And much more

Plus, with this special report you will also receive a compliance calendar that will make sure you are clear on all the deadlines right through September 30, 2010! Download your report today. Put your revised COBRA administration into action!

Download your report now

House OKs 90 Percent Tax on Bonuses at Bailout Recipients

The U.S. House of Representatives has voted 328-93 to approve legislation that would impose a 90 percent tax on bonuses that go to highly paid employees at recipients of the Troubled Assets Relief Program (TARP).
Read on ...

COBRA Subsidy Model Notices Released

The Department of Labor has published model notices to help organizations comply with the requirements of the new subsidy program for COBRA continuation coverage.
Read on ...

This Week's Poll
Do you support a 90% tax on bonuses to highly paid employees at bailout recipients?
Vote here ...

Last Week's Poll
How have employees reacted to recent drops in their 401(k) balances?
View results ...

Tool of the Week
Cost Ratios Calculator: Total Compensation as a Percent of Total Expenses
[Trial or subscription to Compensation.BLR.com® required.]

National, State, and Local Salary Data Are at Your Fingertips
Get reliable salary survey data for national, state, and metro areas in just seconds. Whether you need pay rates for an individual job in your state or pay scales for an entire industry, Compensation.BLR.com can help.
Start Your Free Trial Today

Employers' Confidence in Future of Health Benefits Dips

The share of employers that are very confident they will continue to offer healthcare benefits 10 years from now dropped from 73 percent last year to 62 percent this year, according to Watson Wyatt and the National Business Group on Health.
Read on ...

Some Employees Make 401(k) Changes After Market Declines

While many employees haven't made any changes to their 401(k) plans as a result of the market decline, some others have decided to take action by reducing or stopping their contributions, according to a survey on Compensation.BLR.com and HR.BLR.com®.
Read on ...

Top 10 Compensation Stories

The following 10 articles are the most popular among Compensation.BLR.com readers in the past 90 days.
Read on ...

Featured White Paper

Incentive Compensation: Not Just For Sales People, Executives

Vishrut Parikh, director of product marketing at compensation software development company Callidus, wants you to understand that the principles of incentive compensation are sound, and can apply as easily to your rank and file workers as they do to your sales staff and executives.
Read on ...
[Trial or subscription to Compensation.BLR.com required.]

Compensation Q&A

Questions from our Ask the Experts archives
We’re looking for ideas on how to handle the 27 pay dates in 2009 for salaried employees who are paid biweekly. Should we reduce their pay and adjust for 27 pay dates instead of 26?
Get the answer...

HR Challenge®: GINA

Title II of the Genetic Information Nondiscrimination Act of 2008 (GINA) prohibits the use of genetic information in employment and the intentional acquisition of genetic information about applicants and employees. When does/did Title II of GINA become effective?
Take the quiz ...

Compensation Hot Topic: Unpaid Leave as an Exempt Salaried Associate

An HR Forum subscriber is asking colleagues to verify whether their understanding of the circumstances under which an exempt salaried employee may take unpaid time (less than 40 hours) is correct.
Join the discussion ...

Odd Jobs
Job Title: PomPom Maker
National Average Salary: $11.42 per hour (June 2005 data)

In order to excel at this job, you’ve got to be aggressive, B-E aggressive! The Pompom Maker is classified among “Hand Cutting and Trimming Occupations” by the Department of Labor.

Source: Bureau of Labor Statistics

Need job descriptions or salary data for jobs at your company? We've got hundreds available at Compensation.BLR.com.

Featured HR And Compensation Resources

Comp.BLR.com
This online compensation resource gives you current, reliable information on thousands of job titles and hundreds of industries. You can be confident using these data to benchmark salaries in your organization. Pair the salary information with BLR’s rate ranges, and you have a complete compensation system.
Start Your Free Trial Today

Employee Compensation in Your State
Here's help on your two biggest compensation challenges. You get state wage and hour law explanations, plus current wage and salary survey data for virtually every job - in YOUR state. BLR’s exclusive wage and salary survey data ensure your pay rates are right for any job in your state and region.
Start Your Free 30-Day Trial

FLSA: Wage & Hour Self-Audit Guide
Download this guide to easily determine whether you are in an industry or employ the type of worker that is most typically at risk. It will help you quickly determine the most cost-effective method of compliance with the revised Fair Labor Standards Act.
Download Your Self-Audit Guide Now

Best Practices in Compensation & Benefits Newsletter
This concise, easy-to-read monthly newsletter will keep you on top of what’s working – and what’s not – in compensation and benefits practices. Plus the latest developments and case studies in 401(k), wage and hour issues, flexible benefits plans, regulatory news, and much more.
Take a Free Trial

Lilly Ledbetter Fair Pay Act: Take Action Now
On Jan. 29, 2009, President Obama signed the Lilly Ledbetter Fair Pay Act into law. The BLR expert legal and editorial staffs have carefully reviewed the Act, and they have created a plain-English overview that tells you what you need to know and do.
Download Your Report Now

You can contact BLR at service@blr.com.

March 25, 2009


	A Note to Readers Late last week, in response to the reported $165 million in retention bonuses AIG paid to its executives after receiving federal assistance, the U.S House of Representatives passed legislation that would impose a 90 percent tax on bonuses that go to highly paid employees at recipients of the Troubled Assets Relief Program (TARP). Read about it in the news, then let us know if you support the legislation in this week's poll. Also in the news, the Department of Labor has published model notices to help organizations comply with the requirements of the new subsidy program for COBRA continuation coverage. In our article we provide links to the new model notices.

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