The holiday shopping season is off to a slow start, with Black Friday sales down 10% from last year.
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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.
Workers compensation is a type of insurance that provides defined wage benefits and medical care to employees who are injured on the job. It also provides benefits for dependents of those workers who are killed because of work-related accidents or illness.
Economists and Wall Street are in nearly unanimous agreement that the Fed will begin raising interest rates in December.
Stay informed on the latest healthcare reform news. Gallagher's Healthcare Reform Update newsletters provide timely, easy-to-understand information about new and revised regulations. Download this month's latest release.
Directions newsletter is a monthly publication of the Benefits & HR Consulting operations of Arthur J. Gallagher & Co. The November 2015 issue includes healthcare reform updates, a technical bulletin, webinar information and a variety of benefits and HR news.