Employers, especially small businesses, often struggle with issues that may arise concerning Equal Employment Opportunity (EEOC) and compliance within their businesses. One of the most challenging issues that surfaces is focused on an employee's clothing or grooming that may be based upon religious beliefs. What should employers know about this topic? What guidelines should they implement? And are there any circumstances that could allow for exceptions to the rules? Have you effectively addressed this topic in your organization?
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Executive Compensation: How Top Companies Are Adapting Their Executive Long-Term Incentive (LTI) Awards to Say-on-Pay
For the first time, performance-based awards are 50% of the total LTI award. Schmidt, Glass & Reda write about how public companies continue to review their incentive programs to ensure a strong link between performance achievement for the company and executive and for shareholders.
Last week investors pored over the minutes from the Federal Reserve’s June meeting, but there was little in the way of new information to be gleaned. There seems to be general agreement amongst the members that the unemployment and inflation rates, the two key data points of the Fed’s dual mandate, are behaving as the central bankers have expected. Absent any changes in the coming months, this should allow the Fed to finish tapering its quantitative easing program on schedule, finishing off with the last $15 billion reduction in October. What remains less clear is when the Fed will raise short-term interest rates, although there is widespread expectation that it will take place in mid-2015.
Lightning is an extremely significant weather hazard, but far too often underrated. The vast majority of the lightning casualties are easily preventable by following simple safety guidelines. This newsletter offers some recommendations for minimizing lightning-related risks while implementing critical safety measures. Conducting a thorough assessment of your emergency preparedness program and confirming the best solutions for your organization are most important for protecting your teams while minimizing risk.
In April 2015, the UK government guaranteed that each individual with Defined Contribution savings would have the right to free impartial guidance to make informed decisions about their pension. This article examines what this means to employers.
Directions newsletter is a monthly publication of the Benefits & HR Consulting operations of Arthur J. Gallagher & Co. The July 2014 issue includes healthcare reform updates, a technical bulletin, webinar information and a variety of benefits and HR news.
See the presentation slides from Sue Graf & Petula Workman of AJG Compliance from their webinar on Counting Hours Under the Final Rules with information on calculating hours of service, identifying full-time employees, monthly measurement and look back methods.
Institutional Investment & Fiduciary Services: Gallagher First Glance – Second Quarter Review Presentation Slides
The Research professionals of Arthur J. Gallagher & Co.'s Institutional Investment & Fiduciary Services (Gallagher Fiduciary Advisors, LLC) presented a 50-minute webinar highlighting the capital market changes in the second quarter.
This issue includes: Article – Determining Full-Time Employee Status for Purposes of the Employer Shared Responsibility Provisions under PPACA Article – Handling Changes in Employment Status under Final Employer Shared Responsibility Regulations Employer FAQs: Counting Hours Employer Considerations When Implementing Counting Hours Rules Sample Employee FAQs Explaining Benefits Eligibility Sample Employee Communications Explaining Eligibility for Health Benefits Using Measurement, Administrative, and Stability Periods Webinar: Counting Hours Under the Final Rules Webinar: Counting Hours Under the Final Rules - Presentation Slides
Injuries in the workplace occur at an alarming rate. According to the Bureau of Labor Statistics (2009), approximately three million injuries occur every year nationwide. That amounts to approximately 8,000 injuries per day, 350 per hour and six injuries per minute. Workplace injuries can cause pain and suffering for the individual, wage loss, inconvenience and productivity issues for employers. It has also been reported to result in more than $53 billion in workers compensation costs. For more recommendations to help reduce injuries in the workplace, view or download this full newsletter.