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March 13, 2003 - 8,066 subscribers
Today's sponsor: NCEO
(Click on company name or banner to learn more.)
Our Bookstore now carries books published by the NCEO! The National Center for Employee Ownership (NCEO), a nonprofit membership and research organization that provides information on broad-based employee stock plans, now has over a dozen of its most popular publications available for purchase in the BenefitsLink bookstore. Topics range from employee stock ownership plans (ESOPs) to stock options to employee stock purchase plans (ESPPs).
(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
Administration Takes Aim at FMLA 'Abuse'
Excerpt: "Employers meeting with U.S. Labor Department officials say the Family and Medical Leave Act of 1993 unleashed a wave of chronic and unforeseen intermittent absences by employees taking leave for such illnesses as the common cold, asthma and headaches. The claims are being made as the federal government conducts the first review of the regulations since they took effect." (The Boston Globe via the International Foundation of Employee Benefit Plans)
On Duty, But Often Without Full Pay or Benefits
Excerpt: "With more than 175,000 American military reservists already on active duty and thousands more called up each week, a new survey shows mixed support from employers -- beyond the requirement that they grant leaves for workers who are deployed. In Wisconsin, where about 3,800 men and women have been activated so far, 71% of employers say they offer no pay to white-collar employees away on military duty." (The Milwaukee Journal Sentinel via the International Foundation of Employee Benefit Plans)
U.S. House Approves Medical Errors Bill
Excerpt: "The U.S. House of Representatives Wednesday overwhelmingly approved legislation aimed at reducing medical errors, which by some estimates are the nation's 8th leading cause of death. 'The Patient Safety and Quality Improvement Act' passed on a vote of 418-6." (Reuters Health via Medscape; one-time registration required)
Ann Combs to Testify on Association Health Plans Today at 1 pm Eastern
Can be viewed as a live webcast. Ann L. Combs, Assistant Secretary of the Employee Benefits Security Administration, U.S. Department of Labor, will testify today on association health plans to a subcommittee of the U.S. House's Committee on Education and the Workforce. (U.S. House of Representatives, Committee on Education and the Workforce, Subcommittee on Employer-Employee Relations)
Links to Items on Executive Comp, Benefits in General
FASB to Draft New Rules Requiring Companies to Expense Stock Options
Excerpt: "The board that sets U.S. accounting standards has voted unanimously to draft new rules requiring companies to consider employee stock options as an expense. The Financial Accounting Standards Board plans to put the new rules into place within a year." (AP via the San Francisco Chronicle)
Budget Cutters Target Programs for Federal Workers and Retirees
Excerpt: "The chairman of the House Budget Committee signaled yesterday that federal employees and retirees probably would have to bear some of the pain that will come with holding down the federal deficit.... Any suggestions to cancel or delay cost-of-living adjustments for retirees or to ask employees to pay more toward their retirement will draw fierce opposition from federal unions and the National Association of Retired Federal Employees." (Washington Post)
Plan Restricting Stock Options Stalls at SEC
Excerpt: "Last summer, when the tide of corporate scandal was at its height, a plan to give shareholders veto power over moves by companies to dole out stock options had nearly universal support. But with the scandals fading into the background, the proposal is now stalled at the Securities and Exchange Commission ..." (New York Times; one-time registration required)
Newly Posted or Renewed Job Openings
Pension Consultant
for Kraft CPAs
in TN
Senior Benefits Analyst
for Colgate-Palmolive
in NY
DC/401(k) Administrator
for BMI
in MO
DB/HW Implementation Consultant
for Northern NJ Consulting Firm
in NJ
Newly Posted Webcasts
(Post Yours!)
Liability and Patient Health
on March 4, 2003
presented by AEI-Brookings Joint Center and Common Good
Newly Posted Conferences
(Post Yours!)
2004 401(k) Sales Summit
in FL
February 22, 2004
ASPA
Newly Posted Press Releases
(Post Yours!)
SunGard Corbel Offers Health Reimbursement Arrangement Plan
(SunGard Corbel)
Section 125 Cafeteria Plans Training & Certification Program
(HRcertification.com)
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
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