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Home » Authors » Lynn Cavanaugh

Lynn Cavanaugh

Articles

ARTICLES

Unexpected Costs

COVID-19 layoffs, furloughs? Check new 401(k) partial termination rules

December 3, 2020
Lynn Cavanaugh

Here’s some good news for firms that have had to reduce their workforce: The IRS’ 401(k) partial termination rule – and its unexpected costs – may not apply to workers laid off or furloughed due to the pandemic, according to a new IRS ruling. Typically...


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It's Meant to Offer 'Retirement Readiness" to Plan Participants

DOL's new 401(k) rule: Firms must give workers 'lifetime income' estimates

November 10, 2020
Lynn Cavanaugh

Employers have a year to implement a new 401(k) rule, but it’ll take some preparation. The Department of Labor (DOL) is requiring firms to provide employees with lifetime income estimates to help them determine their retirement readiness...


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Tighter Policies

Firms need to review PTO policies, as days pile up

June 17, 2020
Lynn Cavanaugh

An increasing number (42%) of employers are making changes to their PTO, vacation and sick day policies, as employees are reluctant to take days off during the unstable times of the pandemic. As unused vacation days pile up...


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Just Text Me

‘Just text me’: New way to interview

October 4, 2019
Lynn Cavanaugh

Having trouble hiring? Who isn’t, with the tight job market, being ghosted by candidates and just the complete overhaul in the hiring process the last several years?

And now...


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Performance-Based Pay

Performance-based pay: Is it affecting your workers’ mental health?

April 18, 2019
Lynn Cavanaugh

Performance-based pay is likely the most common feature of the compensation structures of U.S. companies, experts say.

And guess what?...


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Top 5 Most Popular Employee Perks

Top 5 most popular employee perks: How does your company stack up?

April 4, 2019
Lynn Cavanaugh

What are your employees’ favorite perks?

If your workforce is anything like the 1,227 participants in a recent Unum survey, the answer is time away from the workplace.


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