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Compensation & Benefits

Payroll records: Timekeeping for exempt, nonexempt workers

04/01/2008
Federal wage-and-hour laws require you to have a reliable system to accurately keep track of employees’ hours and pay. Casual timekeeping systems can easily trigger a back-wage lawsuit. Here’s the bottom line on how to comply with the Fair Labor Standards Act’s complicated requirements.

Ohio firms make Fortune’s ‘Best to work for’ list

04/01/2008
Fortune magazine recently published its 2008 list of “100 Best Companies to Work For,” and four companies headquartered in Ohio made the list …

Christmas card flap closed

04/01/2008
After discouraging lobbyists from sending Christmas cards last holiday season, the State Ethics Commission has ruled that holiday cards are not gifts and may be sent to state officials without fear of violating state law …

Need a creative, feel-Good way to thank employees?

04/01/2008
With so-called “giving certificates” (www.charitychecks.us), you select the gift-check amount and the recipient picks the charity …

Supreme Court allows employees to sue for 401(k) losses

04/01/2008
In a decision that could spark more lawsuits against retirement plan administrators, the U.S. Supreme Court ruled on Feb. 20 that participants in 401(k) plans could sue to recover losses if they think their accounts were mismanaged …

Michigan sues Tyco over state pension fund losses

04/01/2008
 The state of Michigan is suing Tyco International, its auditors and four former executives for $50 million, the amount lost to state pension funds when a multibillion-dollar accounting fraud case sent the company’s stock prices plummeting in 2002 …

Sunflower Market hit with $125,000 back-Wage bill

04/01/2008
Sunflower Market has agreed to pay $125,310 in back wages to workers in four states for unpaid overtime. The U.S. Labor Department also levied $10,670 in fines against the grocery chain for violations of the child labor laws …

Wage-and-Hour suits are hot

04/01/2008
Wage-and-hour lawsuits are growing exponentially, according to the fourth Annual Workplace Class Action Litigation Report from national law firm Seyfarth Shaw LLP. New York was among the states experiencing the sharpest growth in wage-and-hour claims …

Explain work schedule during interview, not after hiring

04/01/2008
Does your organization operate on shifts or have unusual work hours? If so, it’s fair to both job applicants and the organization to be ultra-clear about what hours new hires should expect to work. The best approach is to ask about work availability up front—right on the application …

Retain new hires with quick pay raises

04/01/2008
The more your organization’s employees learn on the job, the quicker their value skyrockets in the marketplace. Retain new hires by raising their salaries as they gain experience …