From employment law to compensation and benefits, FMLA and hiring and firing and more, Business Management Daily provides comprehensive Human Resources updates.
Discover how your colleagues – and competitors – are dealing with discrimination and harassment, employment law, benefits programs, and more.
Can I roll over certain severance and a 401(k) into an IRA?
My job was eliminated as of Dec. 31,
so I’ve decided to retire. I’m over 60 and have a 401(k).I’m also entitled to
receive lump-sum severance and a deferred bonus in January. Can I roll over those
payments to an IRA?
To calm the waters during layoffs, some organizations give severance to departing employees, even though they are not legally obligated to do so. But mistakes when creating severance offers can lead to Age Discrimination In Employment Act (ADEA) claims.
Traditionally, call centers have been too pricey for small businesses that need only a few employees (or temps) to handle sales and customer-service calls. But now, more call centers are hiring home-based phone agents, making the service more affordable for small and midsize businesses.
Employees who are more physically fit are often more productive and less of a burden on your health-insurance plan. You can do your part by providing incentives to employees (including the top echelon) to exercise or pursue recreational activities.
For the first time, U.S. businesses will be able to write off expenses
related to “qualified domestic production activities.” The so-called
“manufacturing deduction” (or Sect. 199 deduction) is available even to
many companies that wouldn’t normally consider themselves
“manufacturers,” maybe even yours.
When Thomas Neff and James Citrin were interviewing 50 CEOs and company presidents for their book Lessons From the Top,
they decided they would ask all of them to name the greatest leadership
lesson they had learned from reading the books by Peter F. Drucker. Here are five lessons that topped the list:
Not content to write a one-paragraph mission statement for the lobby
wall, Michael Dell had his leadership team craft a document called “The
Soul of Dell.” It’s probably the longest statement of purpose an American corporation
has ever crafted, and it serves as an internal benchmark for operations.
Even after years of making tough decisions, New York Jets head coach
Herman Edwards still finds cutting players from the team one of his
most difficult responsibilities. Edwards—who played in the NFL for 10 years before entering the coaching
ranks—learned a lesson years back, when he was cut from the
While most everyone considers a grandparent to be an especially cherished family member, the Family and Medical Leave Act (FMLA) does not generally include a grandparent in its definition of a family member. There is one exception, though. If the grandparent acted "in loco parentis" (i.e., on behalf of the parents in raising the child), then the FMLA may apply.