Benefitting You! 

February, 2013  
In This Issue
Staying in Compliance with DOL Guidelines
Employee Handbook Questions & Answers
What is Workforce Development
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Staying in Compliance with DOL Guidelines
Written by Anthony Rajkumar, Sobel & Co., LLC
401K

 

Business owners of large and small companies alike need to be vigilant in regards to depositing 401(k) elective deferral contributions on behalf of their employees.  This is not an optional initiative and must be taken very seriously.  In fact, the IRS lists late deposits as the first of the top ten 401(k) compliance issues on their website!

 

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Employee Handbook Questions & Answers
Written by Barbara K. Newman, SPHR, Founder/Consultant of
Beacon HR, LLC
Barbara Newman

Whether your organization does or does not have an Employee Handbook, these questions and answers should help you consider your organization's Handbook needs and plan any extra steps. 

 

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What is Workforce Development?
Written by Lyn E. Haralson, Community Development Specialist; Little Rock Office
Federal Reserve Bank of St. Louis
"Workforce development" is an essential component of community economic development in any economic climate, and certainly even more critical during the financial crises we're experiencing today.  Generally speaking, the term has come to describe a relatively wide range of activities, policies and programs employed by geographies to create, sustain and retain a viable workforce that can support current and future business and industry.  Beyond this general understanding, it is difficult to gain a consensus as to the definition of workforce development, perhaps because each user of the term approaches it from a different perspective.

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