Paul Secunda has an interesting post today on the Workplace Prof Blog about IBM reclassifying workers from salaried to hourly. The corporate buzzword for this is “reclassification”, and the story, which originated on NPR Marketplace, also mentions FedEx reclassifying drivers as independent contractors, and Allstate reclassifying agents as independent contractors.
For plan documents, the grandfather […]
Entries Tagged as 'Eligibility'
Some Plan Implications of Reclassification as IBM Reclassifies Employees from Salaried to Hourly
April 29th, 2008 · No Comments
Tags: Eligibility · Independent Contractors · Plan Language
401(k) Eligibility for Part-Time Employees
May 4th, 2007 · No Comments
Today, the Women’s Retirement Security Act was introduced in the Senate. It is S. 1288. Thomas, the federal government’s website for posting the text of bills, has not posted the text of this bill yet. The American Benefits Council has created a short 4-page summary of the bill. One of […]
Tags: Eligibility
