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April 24, 2003 - 13,101 subscribers
Today's sponsor: Thompson Publishing Group, Inc.
(Click on company name or banner to learn more.)
"DOL's Proposed FLSA Exemption Changes" audio conference 5/1/03 * 2:00 p.m. ET Are you ready for lengthy personnel audits? Ready to reevaluate wage and hour decisions? Ready to rethink current payroll systems? Have you started considering how your compensation practices, personnel policies and employee manuals should be changed if/when the proposed regulations become final? Two leading employment law/FLSA experts, Daniel B. Abrahams, Esq., and Shlomo D. Katz, Esq., will bring you up-to-speed with the answers to these questions and more.
(Please visit our sponsors. We try to make sure their products and services will be of interest to you. Thanks! --Editor)
Employee Ownership Update for April 24, 2003
NCEO Executive Director Corey Rosen discusses the Pension Preservation and Savings Expansion Act of 2003's impact on ESOPs; shareholder proposals to link options to performance and to require companies to expense them; a study of the effect of stock option repricing on employee turnover; and a court decision that an ESOP's holding of employer stock (after profit sharing assets were rolled over into the ESOP) did not violate ERISA. (National Center for Employee Ownership)
Social Security Privatization Might Hurt Minorities
Excerpt: "Minorities are greatly helped by disability and survivor benefits in the Social Security system and would be hurt by an overhaul that instead linked benefits mostly to contributions, congressional auditors say." (AP via New York Times; one-time registration required)
GAO: Earnings, Disability Incidence and Mortality Influence Social Security Benefits, Taxes Paid
76 pages. Highlights available at http://www.gao.gov/highlights/d03387high.pdf (U.S. General Accounting Office)
Links to Items on Executive Comp, Benefits in General
Knight Ridder Company Fends Off Stock Option Expensing Proposal, Just Barely
Excerpt: "The San Jose, Calif.-based company said holders of 34.1 million shares followed its advice and voted against the advisory measure. Another 33.4 million shares supported the resolution. Most shareholder proposals opposed by [management] are trounced by wide margins." (AP via Yahoo! News)
Intel Chief Raises Stakes In Options Battle
Excerpt: "Intel Chief Executive Craig Barrett suggests CEOs may refuse to certify financial results if stock option expensing is forced upon them, opening a new front in the bitter battle between accounting rule makers and the tech industry on the issue." (Reuters via News.com)
Opinion: Airline Execs Fly High as Workers Nosedive
Excerpt: "Baggage handlers lose a few bucks for laundering their uniforms while the big shots squirrel away millions to save their own pensions if the company goes belly up." (Marie Cocco in Newsday.com)
Newly Posted or Renewed Job Openings
Relationship Manager
for Comerica
in MI
Newly Posted Conferences
(Post Yours!)
Education Exchange Forum
in MA
May 15, 2003
Sentinel Benefits
MHM Section 125 Cafeteria Plan Administrators Training Workshop
in CA
May 7, 2003
MHM Resources, Inc.
MHM Section 125 Cafeteria Plan Administrators Training Workshop
in MO
July 16, 2003
MHM Resources, Inc.
MHM Section 125 Cafeteria Plan Administrators Training Workshop
in IL
September 18, 2003
MHM Resources, Inc.
MHM Section 125 Cafeteria Plan Administrators Training Workshop
in MO
November 5, 2003
MHM Resources, Inc.
National Quality Initiatives and the Northeast Ohio Health Care Market
in OH
May 15, 2003
WEB (Worldwide Employee Benefits Network) - Cleveland Chapter
Disease Management Forecasts: Trends Innovations & Successful Programs
in ALL STATES
April 30, 2003
Healthcare Intelligence Network
Pursuing Third-Party Recoveries Post-"Knudson" - 2003 Update on Subrogation and Reimbursement
in ALL STATES
May 14, 2003
Thompson Publishing Group
Newly Posted Press Releases
(Post Yours!)
Alexander Hamilton Institute Releases New Free Report -- "Watch Out For Retaliation Claims"
(Alexander Hamilton Institute)
Firm Offers Advice to 401(k) Investors
(Hewlett Davidson & Associates, LLC)
Three New Regional Sales Managers Join GE Retirement Solutions
(GE Financial Employer Services Group)
Anticipating Customer Requirements Takes GE Financial's Service to New Levels For Small-to-Mid-Sized Employers
(GE Financial Employer Services Group)
GE Financial Employer Services Group Launches New Web Site for Plan Administration
(GE Financial Employer Services Group)
Handy Links:
- View Today's Active Message Threads
- Search BenefitsLink
- Using the Web for Employee Benefits Research
- Employee Benefits Library
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