The Bottom Line

with contributors from Associated Bank


How to manage fiduciary responsibility as an HR professional

Growing regulatory complexity, scrutiny on compliance, and litigation cases have made it increasingly challenging to administer and manage qualified retirement plans. Additionally, the Employee Retirement Income Security Act of 1974 (ERISA) has set forth rules to ensure the protection of plan participants’ rights. For HR managers and their organizations, falling short of these could mean corporate and personal liability.

Posted at 03:24 PM | Permalink | Comments


Top 10 wage and hour mistakes employers make

“Seven-figure settlement arising from misclassification of independent contractors.” “Top retailer gets hammered for failure to pay overtime.” These are two headlines among many others in recent years describing significant wage and hour settlements and awards.

Posted at 09:57 AM | Permalink | Comments: 1


How to prepare for business interruptions

Criminal activity and natural disasters are dangers that can strike an organization at any time. To prepare for the unexpected, you should review your security and disaster readiness plans to help minimize the impact of any potentially threatening situation. You should also ensure that you have the proper insurance coverage to protect against loss of income and other expenses not covered by property insurance.

Posted at 03:56 PM | Permalink | Comments


3 steps for maximizing voluntary benefits’ return on investment

Offering voluntary benefits is great way to provide employees with a wider set of options and position yourself as an employer of choice. However, just offering voluntary benefits may not be enough. Employers should take the following steps to not only manage costs but also increase overall program value.

Posted at 02:55 PM | Permalink | Comments


How to use voluntary benefits to retain and recruit talented employees

Employee retention continues to be a top concern for employers, even more so than last year, according to a Pay Scale survey of more than 4,000 executives and human resources professionals. In 2014, a staggering 59% of employers were more concerned about retaining talent than anything else. Five years ago, only half of those employers said retention was their number one concern.

Posted at 02:41 PM | Permalink | Comments