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Bill Proposed to Make Employer-Paid Education Aid Tax Break Permanent
Under Section 127 of the Internal Revenue Code, employers can reimburse employees for up to $5,250 in annual undergraduate and graduate costs without the reimbursement being included in employees' taxable income.
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Dropping Health Care Coverage No Easy Decision for Employers
Because employer and employee health care benefit contributions are made on a pretax basis, it wil cost employers considerably more than the $2,000-per-employee fee for dropping coverage, if the law survives legal challenges being heard by the Supreme Court.
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Don't Post Those New NLRB Notices Just Yet—Maybe
As of this moment, April 30 is still your drop-dead date to post the NLRB's new employee rights notice. On April 13, however, a South Carolina federal court put that date, and the NLRB's entire poster itself, in grave jeopardy. In Chamber of Commerce of the United States v. NLRB [pdf], the United
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Don't Post Those New NLRB Notices—Finally
The April 30 deadline for posting the NLRB's employee rights notice is hanging on by a fingernail. It could take into next year before these issues work their way through the circuit courts, not to mention a likely appeal to the Supreme Court.
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Survey: Health Care Reform Splits Employers
Forty percent of employers want the high court, which is hearing oral arguments this week on the constitutionality of the Patient Protection and Affordable Care Act, to strike down the 2010 law. Still, employers are far from being united in favor of repealing it.
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Worker Fired After Urinating on Co-Workers' Chairs
Police reportedly are trying to determine whether they can charge the 59-year-old information technology worker with criminal mischief, according to the Des Moines Register.
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Worker Confidence Hits 4-Year High
The index is based on an online survey conducted by Harris Interactive on behalf of Randstad. It surveyed 1,399 employed U.S. adults, 18 years old and older between March 13 and March 15.
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Mercer Taps Julio Portalatin as President and CEO
Portalatin, 52, is an AIG senior vice president and president and CEO of AIG unit Chartis Growth Economies, with responsibility for operations in the Asia/Pacific, South Asia, Latin America, Africa, the Middle East and Central Europe regions.
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PBGC Updates Estimate of Funding Relief for American Airlines
According to the Pension Benefit Guaranty Corp., American Airlines received specific funding relief in the Pension Protection Act of 2006 and an Iraq War spending bill in 2007 that allowed airlines to spread their unfunded liability in 2008 over 10 years instead of seven.
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EEOC Creates Small Business Task Force to Provide Legal, HR Counsel
The task force will focus on newly established small businesses and those that cannot afford in-house legal counsel or human resources personnel.
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Several States' Residents Show Their Financial Savvy
The Employee Benefit Research Institute did a state-by-state analysis to see whether it was possible to pinpoint financially savvy states and ranked them in two categories: financial literacy and financial behavior.
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Study: Younger Workers Worried About Retirement
While older workers tend to be more concerned about retirement than their younger colleagues, the survey found that the most dramatic shift in attitudes toward retirement security has been among the under-40 set.
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Aon Moving Its Headquarters to London
Aon President and CEO Greg Case said the move, which must be approved by shareholders, is another step in the firm's strategic plan to grow Aon as a global platform. In particular, London will help Aon grow its business in emerging markets, he said.
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Most Financial Execs Feel Pension Plans can Hurt Company, Survey Indicates
Of survey respondents, 68 percent said their companies have closed defined benefit plans to new or all employees in the past five years.
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Norwegian Insurance Company Monitors Workers' Bathroom Breaks
Norway's chief workplace ombudsman Bjorn Erik Thon told a media outlet that one firm required employees to wear a red bracelet during their menstrual cycles to indicate the need for more restroom visits.
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FTC Warns Mobile App Marketers Providing Background Checks
The Federal Trade Commission has sent letters to marketers that the agency says may be providing criminal background information to employers through the marketers' background screening applications—an activity the FTC says may violate the Fair Credit Reporting Act.
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Recruit Co. Lands Staffing Firm for $410 Million
It marks the latest large-scale acquisition for Tokyo-based Recruit, and will result in Advantage Resourcing divesting most of its non-Japanese operations.
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EEOC Actions, Enforcement Trends Focus of Report on Agency
The report noted that the agency identified combating systemic discrimination as a top priority in a 2006 task force report.
