Effective April 14, 2015, the NLRB’s Ambush Elections rules go into effect. The purpose and effect of the rules is to shorten the period of time between when a union files a petition for an election and when the election takes place. The result is that, while a union may campaign furtively against an employer for an extended period of time, an employer will have only a small window of opportunity to respond. Make […]
Plan sponsors seeking to provide employees with the ability to make after-tax contributions to a 401(k) plan may be interested in adding, along with the common Roth contribution feature, non-Roth after-tax contribution and “in-plan Roth rollover” features to their 401(k) plans. These additional features would allow plan participants to save up to $53,000 (for 2015 and as reduced by matching and other employer contributions) annually with limited future tax liability.
By way of background, […]
Mid-way through 2012, the Hotel Association of New York City and the New York Hotel & Motel Trades Council, AFL-CIO (the “Union”), renewed a seven-year collective bargaining agreement known as the Industry Wide Agreement, or IWA. While the IWA controls nearly all aspects of the employer-employee relationship for covered hospitality organizations, it does much more and can potentially bind the unsuspecting. One important part of the agreement which hospitality employers must heed […]