Erring on the high side when choosing a 401(k) savings default-contribution rate won’t likely discourage employees from participating in the plan, new research suggests. Plan sponsors’ experiences back up this finding. Setting default rates between 7 percent and 10 percent did not result in lower enrollment when compared to a 6 percent control rate.
Push 401(k) Default Savings Rates Higher, Researchers and Plan Sponsors Agree
Milwaukee Area Employment Law Attorney: 200 South Executive Drive, Suite 101 Brookfield, WI 53005 Phone: 262-241-8444
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HR Vice President Liable for Fiduciary Breach
Janet L. Heins|Decision-Making, Fiduciary Duty, News, Benefits, Compensation, Equal Pay, Pay
Administrators of the 401(k) plan of a California energy company, including the vice president of HR, are liable for...
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Employee Who Did Not Respond to Employer Loses ADA, FMLA Claims
Janet L. Heins|Communication, Disability Accommodations, Employee Relations Communication, Family and Medical Leave, News, Benefits, Compensation, Equal Pay, Pay
An employee who did not respond to her employer’s requests to return to work could not sustain claims under...
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What to Do When You Receive an Out-of-Network Shakedown Letter
Janet L. Heins|Health Care Benefits, News, Relationship Management, Risk Management, Benefits, Compensation, Equal Pay, Pay
Self-insured health plan sponsors shouldn’t be intimidated when an out-of-network health care provider sends a demand letter threatening action...
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District court invalidates releases signed by employees discouraged from joining FLSA collective
Janet L. Heins|Blog, News, Benefits, Compensation, Equal Pay, Pay
By Ronald Miller, J.D. Releases signed by mortuary drivers after the filing of a collective action alleging that they...
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2018 FSA Contribution Cap Rises to $2,650
Janet L. Heins|News, Benefits, Compensation, Equal Pay, Pay
For 2018, the IRS has raised the dollar limit on employee contributions to health flexible spending accounts (FSAs) by...
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Close the Gender Pay Gap with Career Parity
Janet L. Heins|Compensation Compliance, Global and Cultural Effectiveness, News, Pay Equity, Benefits, Compensation, Equal Pay, Pay
The pay gap between men and women in the U.S. is real, but it is predominantly caused by fewer...
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New York Issues Draft Regulations Restricting Call-In Pay Practices
Janet L. Heins|Compensation Compliance, Critical Evaluation, New York, News, Benefits, Compensation, Equal Pay, Pay
The New York State Department of Labor released draft regulations that, if enacted, would amend the rules for scheduling...
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7th Circuit Sanctions Business That Misclassified Workers
Janet L. Heins|Communication, Compensation Communication, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
The 7th U.S. Circuit Court of Appeals sanctioned a construction business for filing a defective appeal of a lower...
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Wisconsin Employment Attorneys Serving the Greater Milwaukee Area and Wisconsin For free consultation* or to set up an appointment with our team of dedicated employment law attorneys:
Contact our law firm online, Call our office at 262-241-8444 or Toll free at 866-241-8444
H.E.L.P. – Heins Employment Law Practice Employee Rights Attorneys
200 South Executive Drive, Suite 101
Brookfield, WI 53005
*There is no charge for your initial phone consultation.