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Friday, November 20, 2009
It seems as if everybody is freezing their pension plans. Suppose you take a contrarian view. Does it make sense for you to continue your pension plan? If your defined benefit (DB) plan is desirable, how should you make it manageable for the long haul, and avoid a freeze?
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Friday, November 13, 2009
GINA, as HR pros probably know, is the Genetic Information Nondiscrimination Act enacted in 2008. Final regulations interpreting the law have been long in the making and are still technically only interim regs. But the employment title of GINA, which incorporates procedures and remedies found in federal civil rights law, is effective November 21, 2009.
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Friday, November 06, 2009
As the economy crumbled around our collective feet, the proper design of a compensation program may not have seemed like a priority. But with more candidates than jobs available and the U.S. unemployment rate seemingly determined to break into double digits, you may be surprised to learn that compensation programs continue to play a vital role in the success of many businesses.
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Friday, October 30, 2009
Dental plans should be based on three things: research, market demand, and cost, according to Dr. Alan Vogel, national dental director for MetLife. By considering all three, he says, the typical dental plan could save money and provide a better product for patients.
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Friday, October 23, 2009
An online benefits-enrollment system and information on a corporate intranet are not sufficient to engage employees and improve adoption rates in the age of social media. Companies need to get their benefits information to the decision maker, which isn’t always the employee, and make sure the information is easy to use and engaging. A company-developed and controlled website provides the best opportunity for accomplishing these ends.
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Friday, October 16, 2009
Employers conducting layoffs may seek the least expensive ways to separate employees from the organization; after all, saving money is the whole purpose, right? But recent research says that spending some money to do it right may pay off way more than it costs.
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Friday, October 09, 2009
A $200 million lawsuit filed by three former employees of Northwestern Mutual Life Insurance Company, who claim their employment status was misclassified will, at a minimum, cost the company considerable money to defend. If Northwestern loses the lawsuit, it will cost considerably more. If you are considering reclassifying employees as exempt employees or as independent contractors, remember: While your company is reacting to economic hard times, your employees are doing the same.
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