According to a complaint filed with the DOL, Kellogg Auto Supply of Cortland disbursed ESOP benefits in 1999 based on the stock’s 1998 valuation. But it made no further distributions until 2008. The DOL filed suit charging the company and its president, Richard Coates, with violating ERISA.
Employee Benefits Program
A strong employee benefits program – including low-cost employee incentives, employee recognition programs, and employee appreciation programs – can help you improve morale and retention.
We provide employee appreciation day ideas, help you with employee retention strategies and employee benefits management
Q. We have an employee who had been performing light-duty work for more than six months. We laid him off based on his seniority. Now he is receiving workers’ compensation benefits again. Our collective-bargaining agreement provides that an employee will lose seniority after being laid off for a year. Does the fact that our employee is receiving workers’ comp benefits have any effect on his seniority rights?
Bridgeport-based employee benefits firm Penn-Mont faces charges from the U.S. Department of Labor claiming the company failed to pay full death benefits to the families of deceased employees covered under its plans.
If your company franchises operations in Minnesota, you probably aren’t responsible if a franchisee’s employees are injured—even if you conduct an annual safety inspection.
Jamaal Johnson, a GED instructor at Nash Community College, submitted a note from Dr. Raymond Baule stating he needed to miss two months of work. It didn’t offer a specific reason, and Baule was not a certified workers’ compensation physician.
The recession is taking a heavy toll on Minnesota jobs, and the state’s 8.8% unemployment rate is higher than the national average. Duluth and St. Cloud had the highest unemployment rate in the state—9.8%. The nationwide unemployment rate was 8.1%.
Here’s some encouraging news for employers. Courts are cracking down on employees who file seemingly never-ending successions of lawsuits. They’re dismissing such suits fast. But a court can do so only if you let it know that the former employee has already filed (and lost or won) a previous round of litigation.
A California Court of Appeal has reversed a ruling against grocery store workers represented by the United Food and Commercial workers who were locked out during a 4½-month labor dispute in 2003 and 2004. The dispute stemmed from an effort by approximately 8,000 workers at Albertsons and Ralphs grocery stores to obtain unemployment benefits for the time they were locked out.
When employees of Penasco Valley Telecommunications retire, they walk away with health, dental, life and vision insurance for life—and free cell phone service for a year. The Artesia, N.M., telecommunications cooperative has 90 employees with an average tenure of 17 years.
Q. I am very concerned about the H1N1 flu outbreak, especially if it flares up again this fall. Are there are steps I should take to prepare my business if an employee contracts the illness?