EEOC clamps down on age discrimination — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
If you terminate older workers, you may try to get them to waive their rights under the Age Discrimination in Employment Act in exchange for letting them keep their severance. This applies whether the employee’s termination is voluntary or involuntary. The EEOC recently proposed tighter regulations you must meet if you seek this waiver. Example: The EEOC reinforced a 1998 U.S. Supreme Court decision that employees may keep their severance, even if they sign a waiver and then want to sue under the ADEA. The EEOC also proposes that even if one of your employees successfully challenges the validity of your waiver agreement, you must honor that agreement with other employees.
The IRS is in the middle of intensive line-by-line payroll audits to ensure that your withholding procedures are 100% correct. And it's not just the IRS. The U.S. Department of Labor has been on the prowl lately for employers that slip up on the confusing retirement contribution rules....Click here to find out more.