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PAY TRANSPARENCY DRIVES PERFORMANCE PAY A long time ago, pay was confidential.

Other types of supplemental plans that could potentially qualify for the safe harbor exemption include: ;Life insurance; ;Dental or vision insurance; ;Disability insurance (short-term and long-term); ;Long-term care insurance; ;Legal assistance programs; The Four Safe Harbor Requirements ERISA’s safe harbor requirements, codified in 29 CFR § 2510.3-1(j) , require that all four of the following criteria be met for the exclusion to apply.

Accountability and Engagement Many companies have made or will make meaningful commitments to lowering carbon emissions, reducing climate-related risk, or other long-term goals.

The average workweek for production and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.6 hours.; Meta Executives See Up to 200% Bonuses in New Plan Meta executive officers could earn a bonus of 200% of their base salary, up from the 75% they earned previously, under a new plan that was approved by one of the company’s board of director committees on Feb. 13.

AI-driven prompts are helping organizations tackle long-standing challenges around bias and equity, ensuring that recognition is fair, timely and consistently applied.

“Incentives such as increased pay and perks will become powerful drivers,” said Viswanath PS, managing director and CEO, Randstad India.

Fidelity to Offer Bitcoin Option on 401(k) Plans According to the Washington Post , Fidelity Investments will soon have a bitcoin option on its 401(k) plans, making the nation’s largest provider of such workplace retirement accounts the first to wade into the highly volatile crypto landscape.

Based on this, he said, 85% of employers are interested in exploring innovative benefit models such as dynamic copayment plans or reference-based pricing.

Under that doctrine: Federal agencies had implied authority to interpret ambiguous statutes in cases where Congress had not provided clear legal guidance, and;If Congress had not directly addressed the question at the center of a dispute, a court was required to uphold the agency’s interpretation of the statute, as long as it was deemed reasonable.; “Courts would typically defer to those agencies’ interpretation, as long as it was reasonable,” said Lulu Seikaly, senior employment counsel at Payscale.

Republican Lawmakers Warn Against Rise in ERISA Lawsuits The House of Representatives Subcommittee on Health, Employment, Labor and Pensions (HELP) recently held a hearing to examine the rise in class-action lawsuits against ERISA plans and their impact on American retirement plan participants.