The U.S. Department of Labor (DOL) has provided new guidance intended to explain how ERISA fiduciaries can consider ETIs and ESG investments consistent with ERISA’s fiduciary requirements.
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The disparity between the U.S. and European economies was on full display last week, and will likely be an important economic theme in 2016.
At this year’s BoardSource Leadership Forum (BLF) - a gathering of more than 800 non-profit trustees, directors, executives and specialized service providers - I was struck by a fundamental conversation: Someone raised the issue of why we call ourselves “nonprofit.”
Technical Bulletin – 2015 Issue 8 – EEOC Proposes Regulation Applicable to Employer-Provided Wellness Programs
The EEOC recently issued a proposed rule that provides guidance on the application of GINA’s rules to spouses or other family members participating in an employer-provided wellness program. Our Technical Bulletin summarizes that proposed regulation.
The holiday shopping season is off to a slow start, with Black Friday sales down 10% from last year.
There’s a good chance you work at a facility that uses a Powered Industrial Truck (PIT). OSHA defines a PIT as “any mobile power-propelled truck used to carry, push, pull, lift, stack or tier materials.” Most people think of PITs as forklifts. Though forklifts come in many shapes and sizes, they are all regulated under OSHA’s PIT standard, 29 CFR § 1910.178. PITs also include manlifts, scissor lifts, boom lifts and motorized hand trucks. Though this article will often refer to forklifts, the requirements apply to all PITs. Earth moving and over the road haulage trucks are not included in the definition of PIT. Equipment that was designed to move earth but has been modified to accept forks are also not included.
Among other notable topics, the II&FS practice reflects on market trends after the terror attacks in Paris on November 13.
On May 4, 2015 OSHA issued the long awaited Confined Space Entry Standard for the construction industry. The new standard, which is Subpart AA of the 1926 standards (1926.1200 to 1926.1213), is intended to address the considerable risks that can be present when entering a confined space.
Recently, a case was decided in Delaware Chancery Court that serves as a useful reminder of the practical limits of corporate indemnification and advancement. In Charney v. American Apparel, the founder of American Apparel, Dov Charney, sought advancement of fees under both the corporate charter and his employment agreement. The court held that he was not entitled to either.
A workers compensation audit is a validation of an insured’s workers compensation premiums based on job classifications and the estimated payroll that employees earn during the policy period. The audit, which is conducted at either policy expiration or policy cancellation, includes an examination of wage records provided by the insured to determine the actual exposure associated with specific job classifications.