As group health plan sponsors, employers are responsible for ensuring compliance by their vendors (insurers, third-party administrators and pharmacy benefit managers) with the prescription drug data collection (RxDC) reporting requirements. These were... Read more »
Employers in the U.S. plan to boost salaries an average of 4.6 percent in 2023, up from 4.2 percent this year, according to a new study. Employers say inflationary pressures and the... Read more »
The U.S. Department of Labor’s (DOL’s) Employee Benefits Security Administration has proposed updates to its Voluntary Fiduciary Correction (VFC) Program, including adding a new self-correction component for employers that fail to send... Read more »
Training is a significant expense for employers. But according to LinkedIn’s 2022 Workplace Learning Report, having “opportunities to learn and grow” is the top driver of a great work culture. A potential... Read more »
?Takeaway: The “cat’s paw” theory of liability did not apply when independent decision-makers conducted their own investigations without relying on possibly biased subordinates. ?Even if an employee’s use of leave under the... Read more »
The U.S. Department of Labor (DOL) issued a final rule that permits retirement plan fiduciaries, such as 401(k) plan sponsors, to consider climate change and other environmental, social and governance (ESG) factors... Read more »
?In New York City, a newly enacted pay transparency law requires employers to include a good-faith salary range in job postings. As it turns out, good faith means different things to different... Read more »
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal... Read more »
The U.S. Securities and Exchange Commission (SEC) on Oct. 26 released a long-awaited final rule on incentive-compensation clawbacks, requiring publicly traded companies to have policies for recouping executive compensation if revised company... Read more »
The U.S. Department of Labor’s Office of Inspector General (OIG) found that the Occupational Safety and Health Administration (OSHA) did not adequately protect workers from COVID-19 during the height of the pandemic.... Read more »
