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Lead Story
RETIREMENT BENEFITS
Minority Employees Trail in Retirement Plan Participation
By Patty Kujawa
The lowest participation is by nonnative-born Hispanic workers. Employers can tackle the problem of lower minority-worker participation through automatic enrollment, automatic escalation of deferral rates and adding more sophisticated financial education.


In the News

EBRI SURVEY
Nearly 25 Percent of Workers Put Retirement Plans on Hold
March 10, 2010 2:30 PM PT
Key reasons include a change in employment status, 22 percent; inadequate finances, 16 percent; and the need to make up stock market losses, 12 percent. >>

HOUSE VOTE NEXT
Senate Passes COBRA Premium Subsidy Extension
March 10, 2010 2:15 PM PT
The vote followed a stopgap extension for employees terminated involuntarily from March 1 through March 31 that President Barack Obama signed into law last week. >>

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The Business of Management
Workforce Management editor John Hollon analyzes and comments on business, management and the art of leading a workforce.
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Best Practices


WHITE PAPER: Best Practices in Compensation
Compensation represents the largest of all expenses in most organizations. With such high stakes on the table, there is enormous demand for innovative business practices requires more than traditional compensation packages and a closer look at pay-for-performance models for more effective bottom-line business results. Download our Best Practices in Compensation white paper to learn how leading companies are designing new strategies and implementing creative compensation programs which are driving immediate results for long-term sustainability in this complex environment.

 

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Tools and Resources


The tracker, created by the investigative news site ProPublica, uses near-real-time data on state revenues and the benefits they pay out, estimating how long the stressed state trust funds will hold up.
Employers and their agents should keep educational efforts simple and multifaceted, and should assume the long view.

 

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Topic Forum: Benefits & Compensation

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401(k) Safe Harbor Matching
A member writes: "Our owner wants to exclude himself from the safe harbor match. I am looking for some documentation or regulation that states this is allowed. Any suggestions?"

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Is Employee Ethics Training Mandatory?
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The current need for ethics training is being driven not only by legal requirements, but also by our turbulent economy that has left employers feeling pressured to cut budgets, trim staff, and get more done with less. Attend this webinar to learn about the laws that mandate ethics and code of conduct training, the "ethics impact" of our Administration, and much more. Plus, get your questions answered by representatives from ELT and the world's largest employment law firm, Littler Mendelson.
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Dear Workforce

A question-and-answer newsletter addressing some of the most common and most obscure HR. Ask a question about whatever's important to you-whether it's HR, recruiting, benefits, compensation, or training.

Use this opportunity to institute a common performance process.
Eligibility audits could help companies spot areas of abuse concerning their insurance payments.


Leading the Way in Heath Care Benefits
Special Advertising Section: Improving Health Benefits While Controlling Costs: Where to Start
Rapidly escalating health care costs are forcing employees and companies to make difficult choices—and look for ways to control costs without sacrificing health coverage. It's a challenging goal, but achievable; and some of the best examples can be found in the areas of vision benefits and pharmacy benefits.

Special Reports


At a time when plaintiffs’ attorneys are probing employers’ plans for systemic vulnerabilities that could lead to class-action suits and multimillion-dollar judgments, plan sponsors and fiduciaries should review their retirement and health plans and take steps to reduce the potential for litigation. Here are some areas for review.


 TOP ARTICLES

Mandatory Health Care a Bitter Pill for Massachusetts Low-Wage Workers

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For Employers, the Pros and Cons of Health Care Reform Emerge

Demystifying High-Deductible Plans



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