Of interest to 401(k) plan sponsors and administrators, the IRS recently issued Notice 2024-55, providing guidance on SECURE 2.0’s new exceptions—effective January 1, 2024—to the additional 10% tax on early qualified retirement plan distributions for emergency personal expenses and victims of domestic abuse. Both types of distributions are optional and
Archives for July 8, 2024
5 City Ordinances Every Employer With Employees in Philadelphia Should Know
The City of Philadelphia maintains several employment-specific ordinances that enhance preexisting state and federal employee protections or create new employment rights. Some of these apply even if the employer has only one employee in Philadelphia.
Rhode Island Prohibits Use of Non-Competition Agreements With Nurses; Governor Vetoes Broader Ban
Rhode Island Governor Dan McKee signed a new law (R.I. Gen. Laws § 5-34-50) that prohibits the enforcement of non-competition agreements with advanced practice registered nurses (APRNs) in the state on June 17, 2024. Surprisingly, only three days after the APRN prohibition was enacted, the Rhode Island legislature sent a
Some Countries Are Trying a Four-Day Workweek. Greece Wants a Six-Day One.
The country, which already has the European Union’s longest average workweek, wants to add another day in some cases, bucking a growing business trend.
Dropping in Just to Say ‘Hi!’
What to do when a colleague seems to have a communication problem.
Three Ways Project 2025 Will Impact American Workplaces
A 922-page document, the Mandate for Leadership 2025: The Conservative Promise, also known as Project 2025, has been a big topic of conversation as the presidential election draws near.
Work friends can be hard to find. How to combat loneliness in the workplace
Twice each month, executives at the dating app company Hinge gather for a team meeting. But rather than dive into discussions about metrics or revenue, they begin by simply talking.
‘Coffee badging’ is a new workplace trend – but what does it mean?
‘Coffee badging’ has sparked a social media debate over hybrid working – but what is it?
It’s already time to start preparing the workplace for Gen Alpha
The arrival of Gen Alpha to the labor force will bring new technology, approaches to work, and expectations about the workplace.
Federal judge partially blocks FTC ban on noncompetes. Here’s what that means for workers
Nearly 1 in 5 Americans, an estimated 30 million people, are subject to a noncompete agreement, according to the FTC.
Protecting Workers From Extreme Heat
The federal Occupational Safety and Health Administration proposed new rules to protect some 36 million workers from extreme heat.
At SpaceX, Elon Musk’s Own Brand of Cancel Culture Is Thriving
When employees asked Musk to abide by his own policies, he had them fired, according to their lawsuit. Now he has regulators in retreat, too.
My Former Employee Is Using My Title and Job on LinkedIn
Should I let her new employer know?
She said promotions went to lesser-qualified men. Pierce County settles complaint for $80K
Pierce County has settled for $80,000 a gender discrimination lawsuit brought by a maintenance technician who claimed she was repeatedly denied promotions in a male-dominated department because she is a woman.
Why some abusive bosses get a pass from their employees
Why do employees sometimes accept working for an abusive boss?