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Thousands of 401(k) plans failed their recent IRS nondiscrimination testing and had to return excess contributions to highly compensated employees because of imbalanced retirement plan coverage, according to research by a 401(k) advisory firm. Almost 60,000, or about 12 percent, of plans reviewed were forced to make “corrective distributions” to HCEs in 2012, the latest […]
We got a large number of comments responding to last week’s epinion concerning the brouhaha brewing over SHRM’s decision to start offering its own certifications, in competition with HRCI. [See the original post here.] None of the comments is positive and most of the negativity is directed toward SHRM. Two readers cleverly turned the sample […]
Science, technology, engineering, and mathematics (STEM) professionals in Philadelphia will be paired up with local youth in mentor relationships as part of the city’s award-winning plan to increase the number of youths engaged in STEM. Philadelphia is one of seven winning cities in the US2020 City Competition, a national competition initiated by the White House […]
Career-minded human resource professionals interested in proving their worth to their employers devote time, energy, and money into earning certification. But now the credentialing system they’ve relied on for decades is up in the air, and a new system is still a mystery. HR pros were surprised in May when the Society for Human Resource […]