This week, the Compensation Daily Advisor discussed ERIPs, employee releases, and the DOL's enforcement strategy. Here’s the Compensation Daily Advisor week in review.
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Early Retirement Plans: Win-Win IF You Follow Rules—ERIPs (Early Retirement Incentive Plans) can benefit both employer and employees, however there are there are legal pitfalls when the rules aren’t followed exactly.
Invalid Releases Mean Employees Keep Money and Still Sue—Attorneys Chris Anderson and offer tips on how employers should handle employee releases.
DOL Says Plan Prevent Protect, Attorneys Say Audit Audit Audit—Attorneys Veronica Gray & E. George Joseph discuss the DOL’s Plan, Prevent, Protect program.
EEOC, IRS, and Courts Go After (Your) Misclassifications—Misclassification is high on DOL and IRS agendas, so it’s a good place to look for problems, says attorney Veronica Gray.
Paterno Responses Range from ‘Despicable’ to ‘Very Well Written’—See how readers responded to a recent article on Joe Paterno’s termination.
BLR's Compensation Daily Advisor is a free daily source of compensation tips, news, and advice.