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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California Strengthens Wage-Theft Laws
Janet L. Heins|California, Compensation Compliance, Critical Evaluation, News, Benefits, Compensation, Equal Pay, Pay
When employers fail to provide full pay to employees for all their hours worked, it’s sometimes called wage theft—an...
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401(k) Sponsors Focus on Benchmarking—and Lowering—Fees
Janet L. Heins|Critical Evaluation, Defined Contribution Plans, News, Benefits, Compensation, Equal Pay, Pay
Keeping participant fees in check has become a primary focus of defined contribution plan sponsors. Benchmarking plan administration and...
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Prepare for 2017 ACA Information Reporting
Janet L. Heins|Critical Evaluation, Health Care Reform, News, Reporting and Disclosure, Benefits, Compensation, Equal Pay, Pay
The IRS has published draft forms and instructions to help employers prepare for reporting on health coverage they offered...
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Policy Requiring Recovery of Draw Payments from Terminated Employees Violates FLSA
Janet L. Heins|Compensation Compliance, Decision-Making, News, Benefits, Compensation, Equal Pay, Pay
An employer that has a written policy of continuing to hold employees liable for unearned draw payments after their...
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Massachusetts Employers Now Have Guidance on Equal Pay Law
Janet L. Heins|Compensation Compliance, Massachusetts, News, Benefits, Compensation, Equal Pay, Pay
On March 1, the Massachusetts Office of the Attorney General issued its much-anticipated guidance on the state’s new pay...
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Tips For Obeying Final Pay Rules
Janet L. Heins|Compensation Compliance, News, Benefits, Compensation, Equal Pay, Pay
Heed these tips for obeying rules on final pay for departing employees. Penalties for noncompliance can be steep.
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Florida Statute Preempts Miami Beach Minimum Wage Ordinance, Court Finds
Janet L. Heins|Florida, Minimum Wage, News, Benefits, Compensation, Equal Pay, Pay
A Florida district court of appeal held that Miami Beach violated Florida law by enacting a local ordinance increasing...
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Ontario Employee Who Quit Wasn’t Entitled to Bonus Payment
Janet L. Heins|Compensation Compliance, Critical Evaluation, News, Benefits, Compensation, Equal Pay, Pay
An employee who quit his job was not entitled to a bonus payout, the Ontario Court of Appeal ruled,...
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Contact the Attorneys of H.E.L.P. – Heins Employment Law Practice Employee Rights Law Practice LLC for a Free Initial Phone Consultation. We serve EMPLOYEES AND PLAINTIFFS ONLY in Milwaukee, Whitefish Bay, Fox Point, Shorewood, River Hills, Hartford, Elm Grove, Pewaukee, Lake Geneva, Merton, West Bend, Brookfield, Waukesha, Menomonee Falls, Germantown, Fond Du Lac, Appleton, Manitowoc, Cedarburg, Port Washington, Grafton, Sheboygan, Green Bay and Madison Wisconsin on employee discrimination, retaliation, harassment, FMLA (Family Leave Medical Act), and employee rights.
We do not represent any employers, so you can be sure there will never be a conflict of interest. We can represent employees of private companies and federal employees all of the way to the Wisconsin Supreme court and beyond all of the way to U.S. Supreme Court if necessary.
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.