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Layoffs

IRS, DOL release guidance on new COBRA rules

03/24/2009

The IRS and the U.S. Department of Labor have just published guidance to help employers claim the credit for the new 65% COBRA subsidy and create the mandatory new COBRA notices. Look here for links to the documents and information you need to comply.

Feds publish more details on new COBRA subsidy, notices

03/24/2009

Confused about the 65% COBRA subsidy provision that was included in the big federal stimulus package approved in February? You’re not alone. In an effort to clarify things, the IRS has published new information on its web site to help employers claim the credit for COBRA medical premiums they pay for former employees.

Study cites Illinois as a hotbed of wage-and-hour claims

03/13/2009

A recent report offers some ominous news for Illinois employers. Illinois is one of eight states that saw an increase in class-action wage-and-hour cases filed in state court last year, according to the Seyfarth Shaw law firm’s new Workplace Class Action Litigation Report.

New Best Buy business plan will cut some jobs, add others

03/12/2009

Richfield-based electronics retail giant Best Buy is adjusting its business plan in response to the economic downturn. The move will cost 250 jobs in Richfield, but the company plans to hire 210 additional people.

Has the recession motivated your staff?

03/09/2009

According to a survey by global talent assessment firm SHL, nearly two-thirds (63%) of respondents say the economic nose dive has not had any effect on their motivation at work.

Offer alternatives to layoffs—but don’t expect your good deed to go unpunished

03/06/2009

Courts understand that today’s economic climate is difficult. They aren’t likely to assume a company is restructuring or downsizing solely to “get” some employees. That’s especially true for employees lucky enough to be offered an alternate position—and then turn it down in order to sue.

Study cites New York as a hotbed of wage-and-hour claims

03/06/2009

A recent report offers some ominous news for New York employers. New York is one of eight states that saw an increase in class-action wage-and-hour cases filed in state court last year, according to the Seyfarth Shaw law firm’s new Workplace Class Action Litigation Report.

Shared Work Program helps workers cover reduced hours

03/06/2009

The state Labor Department wants you to know there is an alternative to cutting staff during the downturn. Employers that reduce work hours for full-time employees instead of laying them off may qualify for the Shared Work Program.

Mount Carmel Health to cut jobs, programs

03/06/2009

Columbus-based Mount Carmel Health will cut 300 jobs and several outpatient services to cope with reduced revenue. Among the service casualties are the system’s smoking cessation program including its help-line, its senior outpatient lung rehabilitation and outpatient nutrition counseling services.

What are the COBRA rules applying to small businesses in Ohio?

03/06/2009

Q. We are a small business, with only 12 full-time employees and a smattering of on-again, off-again part-timers. When an employee leaves, do we have to provide a COBRA notice?