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.
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.
More Employers Tap 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.
Will Minimum Wage Hike Hurt Businesses, Economy?
May 06, 2008—Most HR professionals don't think that this summer's increase to the federal minimum wage will adversely affect their company or the economy as a whole--but others aren't so sure, according to a recent Compensation.BLR.com poll.
Healthcare Premiums Rise Much Quicker than Pay
May 05, 2008—Americans who get employer-based health insurance for their families saw their premiums increase 10 times faster than their income from 2001 to 2005, according to a analysis of government data by the State Health Access Data Assistance Center at the University of Minnesota.
Top 10 Compensation Stories in Last 90 Days
May 05, 2008—The following 10 articles are the most popular among Compensation.BLR.com readers in the last 90 days. The articles are available to both subscribers and non-subscribers.
Landmark Genetic Discrimination Bill Passed
May 05, 2008—Employers and health insurers would be prohibited from discriminating against individuals on the basis of their genetic information, under landmark legislation recently approved by Congress.
Survey: 3 of 4 Employees Stressed over Finances
May 01, 2008—A new survey reports that nearly three out of four U.S. workers are stressed due to financial concerns and that nearly half report that their financial stress impedes their productivity at work. The survey also indicates that many workers would like to have financial counseling available through their employers.
Compensation Costs Continue Steady Rise
April 30, 2008—Compensation costs for private industry rose 0.8 percent from December 2007 to March 2008, after a 0.9-percent increase in the previous quarter, according to a report by the Department of Labor's Bureau of Labor Statistics.
Court Denies Comp to Worker Who Fell Asleep Driving Home
April 30, 2008—An employee on Boston's Big Dig project who was injured in a collision that occurred when he fell asleep while driving home was denied workers' compensation benefits by the Massachusetts Supreme Judicial Court. The employee had argued that he should be considered an exception to the "going and coming rule."
