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Auto Escalation Beats Inertia, So Why the Hesitancy?
Automatic escalation of salary-deferred contributions to 401(k) plans can help employees achieve their retirement-savings goals. That’s why it’s short-sighted for plan sponsors and participants to oppose adopting this feature.

Apprenticeships Train for Careers—and for Life
Vocation training in trade skills is in demand and companies are turning to apprenticeship programs, which increasingly combine on-the-job training with lessons in life skills, such as financial literacy.

ESOPs Turn Workers into Owners
Giving employees “skin in the game” through ownership of company stock is compelling to many businesses. Yet, few employers follow that idea to its fullest conclusion by establishing an employee stock ownership plan (ESOP).

DOL Wants to Ease Access for MEPs
The Department of Labor (DOL) will ask Congress to make it easier for different employers to pool together in a 401(k) multiple employer plan, or MEP.

Snow Days and FMLA Leave
In a blizzard's aftermath, how do employers calculate leave taken under the Family and Medical Leave Act (FMLA) if their worksite was closed due to the weather?

PTO May Be Required During Bad Weather
It doesn’t usually sit well with employees, but they can be required to use their accrued paid time off (PTO) during inclement weather events, wage and hour attorneys say.

IRS Clarifies FSA Carryover and HRA Coverage
IRS guidance lets employers place some restrictions on carrying over funds in flexible spending accounts (FSAs), and limits on the use of health reimbursement arrangements (HRAs) by family members not enrolled in the group health plan.

High Court: Plans Can’t Recoup Spent Payments
The U.S. Supreme Court held that after a man injured by a drunk driver spent the money received in a settlement, he wasn’t required to reimburse his health plan administrator.


 Around the Web


View detailed summaries of the best pay and benefits stories on the web via SHRM Online's Comp & Benefits Newswire, updated throughout the week. Newly added:

Obama’s Proposed Budget: Health Care Highlights....

More Managed Accounts in 401(k) Lineups, but Understanding Lags....

Companies Form Alliance to Target Health Care Costs....


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Stephen Miller, CEBS, is online editor/manager for compensation and benefits at SHRM. @SHRMsmiller
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