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Compensation & Benefits

Stress test: 9 questions to find out if you’re a victim or a master

12/02/2008

Everyone’s stressed these days—whether from financial worries or just the looming holidays. Some thrive on stress, but for others it’s an emotional and productivity drain. Here’s a simple self-assessment you can do to gauge your stress level—and do something about it.

Wellness goes extreme: scuba, sailing, mountain climbing

11/25/2008

In a bid to improve employees’ fitness and reduce health costs, some U.S. employers are going far beyond subsidizing health-club fees or hosting lunchtime walking clubs. They’re taking their wellness initiatives to the edge. Three examples …

$33 million Smith Barney sex-bias settlement approved

11/25/2008

A federal district court judge recently approved a $33 million settlement reached between Citigroup and female financial advisors in its Smith Barney unit.

Court: Local governments can create benefit-spending requirements

11/25/2008

Many California employers are viewing a recent decision by a federal appeals court as a setback. The court upheld the right of local governments to pass ordinances that essentially force employers to provide a certain level of funding for employee benefits.

Corzine signs bills reforming workers’ compensation system

11/25/2008

Gov. Jon Corzine has signed a package of workers’ compensation reform bills that should make the state’s system more efficient and more responsive to the needs of employers and workers. The legislation is comprised of five bills.

$2.8 million will cover Kmart settlement; attorneys are extra

11/25/2008

Judge Otis Wright II of the U.S. District Court for the Central District of California recently approved a $2.8 million settlement between retailer Kmart and workers who claimed they were not compensated for meal and rest breaks.

Retirees who take lump sum still have standing to sue

11/25/2008

Don’t think that employees who take their retirement benefits in a lump sum can’t sue for alleged fiduciary breaches. A recent federal appeals court decision says although retirees are not technically employees anymore, they still have standing to sue …

State considers lawsuit over Lehman pension losses

11/25/2008

New Jersey investment director William Clark said the state pension board is considering a lawsuit against Lehman Brothers. The state bought approximately $180 million of Lehman stock in June, only to sell it at a loss of about $100 million …

Calif. OT law may apply to out-of-state workers

11/25/2008

Do you have employees who live and work in another state, but whose jobs sometimes bring them to California? Then you may be making a big overtime mistake if you pay them as if they were working in their home states.

What’s the new California law concerning wages for computer professionals?

11/25/2008

Q. We employ a number of computer programmers at our Northern California facility. Is there a new law regarding compensation for these exempt employees?