Who Enjoyed a 4-Day Holiday Weekend?
December 28, 2007—Was your company open for business the day before Christmas? If so, you were hardly alone, according to a recent Compensation.BLR.com poll.
Top 10 Compensation Stories in Last 90 Days
December 27, 2007—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.
The 10 "Most Overpaid" Jobs
December 26, 2007—Mutual fund managers are the most overpaid workers in the United States, according to a recent column on CareerJournal.com. Find out why--and learn what other jobs made the list.
Rule Proposed for Fines Under Pension Protection Act
December 21, 2007—The U.S. Department of Labor has proposed a regulation for assessing fines against plan administrators who fail to disclose certain documents to participants, beneficiaries, and others as required by the Employee Retirement Income Security Act, as amended by the Pension Protection Act (PPA).
Vacation Pay Lawsuits on the Rise
December 20, 2007—Employee-initiated lawsuits based on allegations that employers are cheating them out of vacation pay are on the rise, according to an article in The National Law Journal. Some recent class action settlements are sure to catch the attention of employers ... and have certainly already caught the eye of plaintiffs' attorneys.
Inflation Takes a Toll on Wages
December 17, 2007—Inflation-adjusted (real) average weekly earnings fell by 0.4 percent from October to November after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.
Senate Votes to Expand FMLA
December 17, 2007—The U.S. Senate has voted 90-3 to approve legislation that includes a provision that would allow employees to use leave under the Family and Medical Leave Act in certain circumstances when their spouse, child, or parent is called for active duty in the military.
Wage & Hour Complaints and Investigations—News—Federal
CVS to Pay More than $250,000 to Settle FLSA Allegations
December 13, 2007—CVS Pharmacy, Inc. has agreed to pay $226,598 in penalties and $38,151 in back wages after the Department of Labor accused the company of violating the federal Fair Labor Standards Act (FLSA).
Employers React to "Worker-Driven" Job Market
December 12, 2007—A new study on employment and compensation trends reports that while 57 percent of hiring managers agreed that it was difficult to find qualified candidates for job openings last year, 91 percent said that recruiting was equally or even more challenging in 2007. Employers are reacting, in part, by offering bonuses and higher pay in their attempt to increase retention.
