09/16/2011
Employees who receive workers’ compensation payments for on-the-job injuries are assumed to have retired when they hit age 67. But a recent lawsuit argued that workers’ comp payments had to continue past that cutoff age because an employer had negotiated a legal settlement that didn’t specify that the payments would end at age 67. Fortunately, the Supreme Court of Minnesota has ruled otherwise.
09/15/2011
When cash for pay raises is tight, it’s hard to use that as a carrot to attract and retain employees. But the uncertain economy has many workers increasingly focused on long-term financial security. That makes retirement benefits all the more attractive. If you don’t currently offer a retirement plan, it might be time to consider establishing a 401(k) plan.