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
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.
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.
The 6th Circuit Court of Appeals has given the go-ahead to a RICO lawsuit brought by six truckers against their employer. Traditionally, prosecutors use RICO to combat organized crime. But the truckers allege their employer, Cassens Transport Co., conspired with its claims adjuster and doctors to illegally deny them workers’ compensation benefits.
Q. We recently had to discharge an employee for poor work performance. We are a relatively small company (70 employees) and don’t often fire people. Because of special circumstances that forced us to terminate the employee rather than try corrective action, we think it is very possible there will be some kind of litigation. Do you have any recommendations for what we should do or think about now, even before any lawsuit has been filed?
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?