Welcome to the April, 2014 Gregory
Management & Consulting Services (GMCS) REGIONAL CONSTRUCTION INDUSTRY
UPDATE. Hard to believe that as I started to write this
introduction piece, we were experiencing one last shot of winter after we had
already begun to see signs of spring. Let’s hope that Mother Nature finds
her way and that the warming days of spring will be upon us soon.
Like Mother Nature, our industry continues to
struggle with its direction and leadership. With that, I wanted to take a few
seconds at the start of this newsletter to provide some quick Thoughts on Leadership and how it Impacts the Growth of
our Organizations and Industry. While the industry
continues to experience the ill effects of failed industry and labor relations,
GMCS
clients have been continuously updated on industry jurisdictional trends in the
field; many have utilized our Contracted Labor & Industry Relations Services
to successfully avoid jurisdictional disputes, that both union and non-union
contractors have experienced, over the last 18-24 months. We
continue to be a conduit for communication amongst the region’s employer
associations, trades and industry stakeholders. Many association members,
national contractors and local contractors have come to rely on our
professional and respected service when they need estimating, bidding and or
project advice. Did you know that many national contractors that are
interested in working within the Philadelphia marketplace contact GMCS
for advice on establishing key relationships within the industry and its AEC
community to gain a better understanding of the region’s collective bargaining
agreements and language? If you or your association isn’t working with GMCS,
perhaps it’s time to reconsider?
Collaboration, communication and relationships
are the keys to our success. GMCS has successfully been providing Contracted
Labor & Industry Relations Services to associations,
contractors and construction users throughout these tumultuous and challenging
times. Our client’s success comes as a result of GMCS’s unique experience
and industry relationships that enable GMCS to collaborate and communicate
throughout the industry and to generate and implement project solutions that
simply work, often without costly legal fees and or embarrassing media coverage
potentially harming your organization’s reputation.
Having successfully resolved hundreds of
matters related to area collective bargaining agreements and contractors
throughout the Philadelphia metropolitan, Lehigh Valley and the entire
Mid-Atlantic region, GMCS has become the only recognized, educated,
experienced and reliable source for labor & industry relation’s
support. GMCS is the single, unbiased, industry wide
provider of labor & industry relation’s support for the Mid-Atlantic region
assuring information sharing, professional, educated and experienced support to
the entire industry along with centralized labor event tracking, data sharing
and a vendor that serves each association & contractor, not just a single
association’s board of directors. This is the most effective and
equitable model in management side construction labor relations.
Association members interested in receiving these valuable and informative
support services through their associations should contact their board of
directors and request a free consultation. Independent contractor signatories
are urged to contact Wayne Gregory directly at GMCS, wegregory@gregorymcs.com.
All industry associations and contractors will benefit significantly by
centralizing their labor Relations through GMCS.
GMCS provides neutral, contracted Association
Management and Labor & Industry Relations support to many of our
associations, contractors, facility owners and industry stakeholders. We are
focused on facilitating communication and collaboration amongst our
construction employer associations, constructors, facility owners, building
trades and governmental bodies with an emphasis on creating a centralized,
focused community that actively promotes labor harmony, industry advancement,
contractor opportunities and workforce development. Please
accept this informative newsletter containing relevant industry topics that can
impact your associations and organizations. GMCS is always available to
provide clarification or additional information on any of the topics contained
within.
This month’s newsletter is
comprised of the most popular postings over the last 30 days on
gregorymcs.blogspot.com. They are listed by the following categories: INDUSTRY, LABOR, OSHA, MULTIEMPLOYER
PENSION PLANS, HUMAN RESOURCES. Additional topics and subject matter may be found
on the GMCS companion blog @ gregorymcs.blogspot.com. GMCS continues to track relevant
industry legislation and provide summary updates on its companion blog.
Associations and organizations that subscribe to the GMCS
GLASS Reports receive timely updates to each piece of legislation impacting their
organizations as they occur along with a listing of the bill’s primary and
co-sponsors. GMCS provides an annual legislative affairs
subscription service that monitors and reports on the daily activity of the PA
General Assembly to Associations and organizations in all industries throughout
the Commonwealth. This is
accomplished through our specialized GLASS Report’s product. Current
GLASS Report recipients include
commercial & residential contractor associations, labor organizations,
transportation management associations and local & regional governmental
bodies. Please contact GMCS @ wegregory@gregorymcs.com to discuss your
organization’s needs and how you can benefit from this informative and
essential service.
The Gregory Management & Consulting Services REGIONAL
CONSTRUCTION INDUSTRY UPDATE is well into its second year of
circulation. Between our companion blog at gregorymcs.blogspot.com
and the newsletter, our monthly industry reach continues to reach thousands of
industry professionals interested in discovering more about the latest
Industry, Labor, OSHA, Defined Benefit Pension Plan and HR developments here in
the regional construction marketplace and abroad. Sponsorship
opportunities are being made available to local employer associations, industry
stakeholders and contractors; interested firms should contact Wayne Gregory @ wegregory@gregorymcs.com
for more information.
INDUSTRY:
Construction Site
Stormwater BMP’s are the new standard for E&S controls:
On March 6, 2014, EPA has published its final rule for construction
activities on march 6, 2014. The new rule will require the use of
best management practices (BMPs) in lieu of numeric criteria for turbidity.
Read more here…
Thoughts on Leadership
and how it Impacts the Growth of our Organizations and Industry:
As our industry begins to come out of a long decline and our backlogs
begin to grow, we face what could be a protracted period of labor
shortages. But those shortages aren’t always just limited to those
individuals in the field that perform the work. Every contractor and
contractor association that works within the industry relies heavily on a large
administrative staff tasked in supporting those often herculean efforts.
Excessive turnover within our administrative operations results in excessive
and unplanned additional costs in terms of employee replacement and morale,
redirecting our already limited time and resources to other areas outside of
our revenue drivers. Ask yourself, are they leaving us or the company?
Read more here…
Three Game-Changing
Building & Construction Innovations in 2014
With the construction industry on the upswing, with 2013 construction
starts on the whole advancing 6% to $516.8 billion over the year prior
according to McGraw Hill Construction (a division of McGraw Hill Financial),
attentions are turning to emerging building methodologies, technology resources
and materials that have extreme upside potential and can positively impact
bottom lines.
Read more here…
Philadelphia: State of
Industry & Labor Relations in the Commercial Construction Sector:
A brief summary of a recent report created by Gregory Management &
Consulting Services for a local owner, developer and contractor group here in
the City of Philadelphia:
2014 will find more projects, an industry moving past recovery and into
growth mode; concerns arise over an increasing demand on the skilled labor
force, associated cost increases and other factors that can impact 2014 / 2015
labor negotiations.
Read part one more here…
Read a follow-up to part one more here…
New York City
Construction Backlog Continues to Build: The 44 New Developments Hitting The
Market This Spring
Just like the temperatures heading into spring, the real estate market
tends to warm up. But this year, the sheer amount of action is white-hot, way ahead
of the mercury on the thermometer. Why? A whopping 44 new developments are
launching this spring
Read more here…
City controller slams
Keystone Opportunity Zone Program:
An analysis of Philadelphia’s Keystone
Opportunity Zones that was done by the city controller’s office was critical of
the program and concluded that it is an “ineffective tool” for boosting
economic growth.
Alan Butkovitz’s office released a report today
that showed $385 million in tax breaks were given to 617 businesses located in
nearly 3,000 acres that have been designated as opportunity zones. A KOZ gives
a company located in these special areas a break on local and state taxes.
Read more here…
Center City apartment boom creates changes in landscape
A record-breaking number of new apartments hit the Center City market
in 2013, according to a report released Wednesday, reflecting a national trend
as home buying has tightened and rental demand has risen in recent years.
The Center City District said more than 1,700 new apartment units were
added downtown in 2013 - the largest annual increase since the
business-improvement district began tracking construction trends in 1998.
Read more here…
John Gattuso
transforming skyline like mentor Rouse:
It was what Brian Roberts described as a journey.
Comcast Corp.’s CEO was working with John Gattuso, senior vice
president and regional director of Liberty Property Trust, on a second Center
City skyscraper for the cable giant.
So many variables were in play. Among them were how many square feet
should it total, where would it go, who would be the architect, how much would
it cost, and how could rents be kept at the same rate as Comcast Center.
Read more here…
New Research
Assesses Life Cycle of Skyscrapers
The CTBUH has reached the next stage of a research project which aims
to assess the environmental impacts and energy consumption of tall building
structures, from the production of the building materials to their end-of-life.
Read more here…
CBO sees slight
benefits to public-private partnerships in highways
A handful of studies on public-private partnerships, or P3s, in highway
construction suggest that such arrangements “have built highways slightly less
expensively and slightly more quickly, compared with the traditional public-sector
approach,” a Congressional Budget Office researcher told a special House
Transportation & Infrastructure Committee panel on March 5. Joseph Kile,
CBO’s assistant director for microeconomic studies, cautioned, however, that
data on P3s in highway projects are scarce, so it’s difficult to conclude
definitively that other P3 projects would see similar results.
Read more here…
Healthcare facility planning and design experts cite six factors that
Building Teams need to keep in mind on their next healthcare project.
Read
more here…
Construction
employment expanded in 195 metro areas, declined in 90 and was stagnant in 54
between January 2013 and January 2014,
“It is a
sign of the continued strengthening of the construction industry that nearly 60
percent of metros added construction jobs from a year earlier despite the
severe winter conditions in much of the country this January,” said Ken
Simonson, the association's chief economist. “Nevertheless, the industry’s
recovery has a long way to go with only a smattering of metro areas exceeding
their previous peak January level of employment.”
Read
more here…
Construction Spending Posts Biggest Increase Since 2006:
Total
construction spending in January posted the steepest year-over-year increase
since 2006, with growth in public construction as well as private residential
and nonresidential spending, according to an analysis of new Census Bureau data
by the Associated General Contractors of America (AGC). Association officials
warned that federal investments in highway repairs could decline rapidly this
summer because of funding shortfalls, undermining the sector's recovery.
Read
more here…
Nonresidential
Construction Materials Prices Tick Higher in January:
Prices for inputs used in nonresidential construction accelerated their
rise in January. Among items with large price increases were cement, natural
gas, iron and steel, copper, and architectural metalwork. Diesel fuel, asphalt,
nonferrous pipe and tube, and construction equipment rental and leasing were
items with large price decreases.
Read more here….
Nonresidential Construction Starts Down for the Third
Month in a Row:
Reed Construction Data announced today that the value of February
construction starts, excluding residential contracts, dropped 15.6% to $15.9
billion after falling 13.7% in January. This was the lowest value for starts
since February 2012’s $14.0 billion and marked the third consecutive monthly
decline.
Read more here…
OFCCP
Launches a new Outreach and Recruitment Database for Contractors:
On March 13, 2014, the Office of Federal Contract Compliance Programs
(OFCCP) launched a new database to help contractors find qualified workers with
disabilities and veterans, and to assist contractors with establishing
relationships with national organizations and local community groups that have
access to these workers.
Read more here…
Additional related information may be found here…
Architecture
Firm Billings Increase Modestly in February:
Architecture firm billings continued to increase at a modest pace in
February, with an Architecture Billings Index score of 50.7 (any score over 50
indicates billings growth). Slightly more firms reported improving conditions
in February than in January, but overall, billings growth remains sluggish.
Inquiries into new work also increased in February, as did the value of new
signed design contracts, following a minimal decline in the value of new design
contracts in January.
Read more here…
LABOR:
2014 Regional Agreements Expiring – Philadelphia Region:
The region will once again see Collective Bargaining Agreements
expiring in 2014 that represent a significant amount of the workforce and
employers. The outcome of these negotiations will influence regional
negotiations throughout 2015, when we will once again see a significant amount
of our region’s Collective Bargaining Agreements expire.
Read more here…
JURISDICTION: Philadelphia Regional Update – Philadelphia
Regional Update – Geographic Jurisdictional Changes - All Contractors with
Signatory Obligations to the Metropolitan Regional Council of Carpenters –
Philadelphia, Greater Pennsylvania Regional Council – Pittsburgh or the former
Mid-Atlantic Regional Council:
Gregory Management & Consulting Services has received numerous
client inquiries regarding the January 8, 2014 letter from the Greater
Pennsylvania Regional Council, Pittsburgh and the Metropolitan Regional Council
of Carpenters, Philadelphia detailing a market consolidation across three
regional councils and multiple states throughout the entire Mid-Atlantic
region. This consolidation impacts signatory contractors in Virginia, West
Virginia, Washington D.C., Maryland, Delaware and Pennsylvania.
Read more here…
Employer’s Statutory Obligation to Provide to Information
to a Union:
A recent Decision and Order by the NLRB reinforces the importance of an
employer to completely understand their statutory obligation to provide
requested information.
Read more here…
NLRB Director for Region 13 issues Decision in
Northwestern University Athletes Case – Has Pandora’s Box been opened?:
Now that the NLRB has defined the employer/employee relationship as
such in this case, the question that needs to be asked is what are the
implications of this decision on collegiate sports and other industries moving
forward? As they have now been defined as employees, will college
athletes now file worker’s compensation claims for injuries sustained in the
course of playing? While we can look at the NFL for guidance in this
case, it still begs to question, what can of worms have we opened up here and
what is the future of college sports?
Read more here…
GLASS Report: Legislative Action Alert: House Bill 2096:
Legislation
establishing a freestanding act known as the “Open Contracting Act” and
prohibits the use of PLAs on public construction projects. In addition,
under the act, it is an unlawful practice for a public body to consider the
union/nonunion status of an employer’s workforce in its selection criterion for
awarding a public project.
Read
more here…
GLASS
Report: Legislative Action Alert: House Bill 2055
Legislation requiring employers to provide
eligible employees with eight hours paid parental leave per school year to
attend parent-teacher conferences or similar academic-focused activities
related to their children. Additionally, employers will be required to provide
twelve hours paid parental leave per school year related to the development of
necessary special education plans for their children.
Read more here…
Regional
Collective Bargaining Settlement Sheets available:
GMCS has compiled a detailed settlement report
defining the regional trade settlements from last year’s collective bargaining
as well as detailing the previously negotiated settlements for trades and
associations. Copies are available to associations engaged in regional
negotiations. Please contact GMCS at wegregory@gregorymcs.com
today for instructions on how to receive your copy.
Union Turns
Up Heat on Revel as Sale Looms:
The main union representing Atlantic City
casino workers is turning up the heat on the non-union Revel Casino Hotel.
Read more here…
GMCS is the
Philadelphia Region’s Leading Labor Relations Solutions Provider:
A recent study by the Center for Construction Research and Training indicates that work site conflict costs, on
average, $11,000.00 per incident. GMCS provides contracted labor
relations services to many of the region’s employer associations, contractors,
facility owners and industry stakeholders helping you to avoid those costly
conflicts. With two levels of affordable annual agreements costing
less than 50% of the cost of an average conflict, contracted labor relations services can
help your organization stay on schedule and budget.
Contact wegregory@gregorymcs.com
for your consultation today.
Higher Wage Growth Likely This Year, WTI Signals
“All labor market indicators
are giving green lights right now, although employment growth has been fairly
weak,” economist Kathryn Kobe, a consultant who maintains and helped develop
Bloomberg BNA’s WTI database, said. Kobe said she expects year-over-year wage
growth in the private sector overall to rise slightly above 2.1 percent later
this year. That was the gain reported for 2013 by the Labor Department in its
employment cost index.
Read more here…
OSHA & SAFETY:
Department
of Labor releases 2015 Budget Request and telegraphs enforcement priorities for
2015:
Employers and industry stakeholders should take note. Enhanced
enforcement efforts are a priority moving forward.
Read more here…
Testing Companies Debate OSHA Crane
Operator Delay:
Companies
that test crane operators disagree with each other on the U.S. Occupational
Safety & Health Administration's proposal to push back by three years
mandatory certification for these workers. Public comments closed on March 12
for the proposed delay, which OSHA floated earlier in the year after industry
groups had asked the safety agency to revise testing requirements.
Read
more here…
OSHA issues
shipyard “Tool Bag” Directive:
OSHA has recently issued a Shipyard Employment “Tool Bag” Directive.
The Directive provides compliance guidance to Compliance Safety & Health
Officers for inspections of shipyard employers and also provides guidance to
covered employers. The Directive is a source of information on how OSHA
interprets various requirements and provides answers to commonly asked
questions relating to the shipyard industry.
Read more here…
OSHA issues
2014 inspection plan to reduce injuries and illnesses at high-hazard workplaces
The
Occupational Safety and Health Administration has issued its annual inspection
plan under the Site-Specific Targeting 2014* program to direct enforcement
resources to workplaces where the highest rates of injuries and illnesses
occur.
Read
more here…
Additional
information may be found here…
OSHA Local Emphasis Programs: REGION III: (DE, DC, MD,** PA, VA,** WV)
Local
Emphasis Programs (LEPs) are enforcement strategies designed and implemented at
the regional office and/or area office levels. These programs are intended to
address hazards or industries that pose a particular risk to workers in the
office's jurisdiction. The emphasis programs may be implemented by a single
area office, or at the regional level (Regional Emphasis Programs), and applied
to all of the area offices within the region. Often times, these LEPs will be
accompanied by outreach intended to make employers in the area aware of the
program as well as the hazards that the programs are designed to reduce or
eliminate. This outreach may be in the form of informational mailings, training
at local tradeshows, or speeches at meetings of industry groups or labor
organizations.
Read
more here…
OSHA
continues extensive public engagement on silica proposal: Public hearings on
proposed silica rule begin:
OSHA has begun holding public hearings for the Notice of Proposed
Rulemaking on Occupational Exposure to Crystalline Silica. This marks the
beginning of an intensive three weeks of public feedback on the proposal, with
hearings scheduled through Friday, April 4, 2014.
Read more here…
OSHA
requiring silica rule comments to disclose fund sources draws ire:
US agency’s reassessment of silica exposure rules provokes
conflict-of-interest row with senators.
Senate accusations of prejudice have forced a US government agency to
defend its actions over a proposed tightening of regulations concerning
industrial workers’ exposure to deadly silica dust.
Read more here…
Innovative
concrete drill jig reduces silica exposures:
A University of California ergonomics team has designed an innovative
concrete drill jig that is proving to be highly effective in limiting worker
exposures to respirable crystalline silica, as well reducing fatigue and risk
of musculoskeletal injuries. It also increases productivity – a bonus for
McCarthy Building Company, Inc., which is using the jig in renovating an
historic building in downtown San Francisco. The jig can drive multiple large
hammer drills at different angles and heights, and is mounted on a base that
allows it to move easily around a construction site. A vacuum collects dust
generated by the drill bit.
Read more here…
Alliance
with Scaffold and Access Industry Association renewed to protect workers from
scaffold hazards:
OSHA has renewed its alliance with the Scaffold and Access Industry
Association to provide information and training to protect the safety and
health of workers who use scaffolds and lift equipment. Through the alliance,
OSHA and SAIA will work to reduce and prevent fall and caught-in-between
hazards and issues related to frame, mast climbing and suspended scaffolds and
aerial lift equipment.
Read more here…
OSHA
compliance planning calendar:
Occupational Safety and Health Administration (OSHA) regulations and
standards include numerous training, posting, or other compliance actions that
are required annually or at other regular intervals. There are a number of
issues you should consider for your compliance planning calendars.
Read more here…
Help OSHA
evaluate its heat illness prevention campaign:
OSHA is
gathering stakeholder input on the heat illness prevention campaign with a
brief survey to evaluate the usefulness of the heat illness prevention campaign
website and to identify possible modifications for next year.
Read
more here…
OSHA National fall Prevention
Program:
Falls are the leading cause of death in construction, and OSHA is
working with NIOSH and the National Occupational Research Agenda to get the
word out about how to "Plan, Provide, Train" to prevent fatal falls.
To learn more, please check out OSHA’s Fall Prevention Campaign resource page here…
MULTI-EMPLOYER PLAN UPDATE:
MCCAA releases Inventory of Construction-Industry
Multiemployer Pension Plans:
The Mechanical Contractors Association of America (MCAA), in
conjunction with Horizon Actuarial Services, LLC, has just released a new
edition of its comprehensive inventory and analysis of construction industry
multiemployer pension plans.
The Inventory provides historical data from all multiemployer pension
plans in the construction industry. The new issue of this publication has
been significantly enhanced. It now includes plan features by specific craft
and a separate, detailed analysis of all plans co-sponsored by MCAA employers
and the United Association. MCAA President Michael R. Cables stated,"
Read more here…
As employer-sponsored retirement plans are expected to see premium
increases from the Pension Benefit Guaranty Corporation this year, along with a
possibility of an unsteady market economy and longevity issues, retirement
officials are urging plan sponsors to consider de-risking techniques.
Read more here…
Milliman
Pension Funding Index, March 2014: Funded status improves by $11 billion in
February due to robust investment performance:
The funded status of the 100 largest corporate defined benefit pension
plans improved by $11 billion during February, as measured by the Milliman 100
Pension Funding Index. The deficit fell to $131 billion from $142 billion at
the end of January, due to strong investment performance offsetting an increase
in the pension benefit obligation (PBO).
Read more here…
Multiemployer plans well on road
to recovery, report says:
Multiemployer defined benefit plans hurt by the 2008 financial crisis
are recovering as markets improve and trustees make adjustments, according to a
new report from the International Foundation of Employee Benefit Plans and
Horizon Actuarial Services.
Read
more here…
U.S. corporate pension plans
improve financial health in 2013:
A new
analysis of the 100 largest corporate pension plans finds that retirement
coffers bounced back in 2013, reaching record funded-status levels and cutting
away at pension deficits that have plagued them since 2008’s financial collapse.
Read
more here…
Boeing Will Freeze 68,000
Nonunion Workers’ Pensions by 2016:
Boeing
Co. (BA), the world’s largest planemaker, will freeze pensions for 68,000
nonunion employees and executives, shifting benefit payments to a 401(k)-style
plan as it works to cut costs.
Read
more here…
HUMAN RESOURCES:
Background Checks: What Employers Need To Know:
A joint publication by the Federal Trade Commission (FTC) and Equal
Employment Opportunity Commission (EEOC) titled “Background Checks: What
Employers Need to Know” was recently released to the public. The document
provides guidance to employers on how to comply with both the Fair Credit
Reporting Act (FCRA) and federal nondiscrimination laws in obtaining background
information, as well as using and disposing of such information. With
recent changes to the FCRA and employer questions regarding those changes, this
document helps employers to minimize their risk when using background
information in the process of making personnel decisions, including hiring,
retention, promotion, and reassignment.
Read more here…
The 10 Sins of Wage and Hour Management:
Pay the minimum wage and pay overtime where due—how hard could it be?
Wage and hour should be simple, but it’s just not. We’ve identified the 10 most
common “sins” managers and supervisors commit in paying—or not paying—employees
what they are owed.
Read more here…
Nearly half of employers considering private exchanges:
Forty-five percent of employers have implemented or plan to consider
using a private exchange for their full-time active employees before 2018,
according to a new employer survey conducted by the Private Exchange Evaluation
Collaborative (PEEC).
Read more here…
Obama Will Seek Broad Expansion of Overtime Pay:
President Obama this week will seek to force American businesses to pay
more overtime to millions of workers, the latest move by his administration to
confront corporations that have had soaring profits even as wages have
stagnated.
Read more here…
Independent Contractors and Worker Misclassification are
back in the news: Suit to decide whether Sleepy's drivers are employees or
contractors
Are the drivers who deliver Sleepy's mattresses employees or
independent contractors? The outcome of a case argued Monday in New Jersey
Supreme Court could have major ramifications for businesses and workers.
Read more here…
Social media is clearly part of the cultural fabric, but
there are risks:
The S's of Social Media Risk
Yip, who is litigation partner at the Honolulu
office of law firm Cades Schutte LLP, offered his four S’s at the Advanced
Employment Issues Symposium held recently in Las Vegas
Read more here…
The dilemma of writing your own EEOC position statement:
An
employer receives its first charge from the Equal Employment Opportunity
Commission (EEOC) alleging workplace discrimination. The employer is
immediately irritated because the employee who filed the charge deserved to be
terminated. The company quickly determines that it has no insurance that covers
the situation, so a representative calls the EEOC investigator identified in
the charge documents and asks, “Do we need to hire an attorney for this?” The
EEOC investigator politely explains, “No, you don’t need an attorney. You can
just work with me to provide the information I’m asking for.”
Read
more here…
Firing: Lay
the Groundwork … or Else:
The list of dangers that employers face in firing employees is
seemingly endless. How can you safely fire a poor performer who’s pregnant,
who’s on medical leave, or who just filed a workers’ compensation claim? What
about the employee with the perpetually bad attitude who also happens to be
trying to organize your workforce or complaining about discrimination?
Read more here…
Handbook Not Enough—You Must
Train Supervisors
Yes, you have handbooks, but you need to train to be sure your
supervisors know the material provisions of your policies and rules, says
attorney Mark Schickman. And they need to understand that policies must be
fairly and consistently applied.
Read
more here…
Best Practices for Building Your
Employee Talent Pool:
To
compound matters, you are not alone in your quest for the best employees.
Even companies who are not currently hiring are actively building their talent
communities and their candidate pools in preparation for the possibility of
future growth.
Read
more here…
Checklist: Documents needed
during a 401(k) plan audit:
When
clients get an audit request letter from the Employee Benefits Security
Administration they usually call me surprised at the amount of information
being requested. It is not just the shock of being audited that impacts them,
but the amount of information they need to provide. Sometimes, the
requested documentation may not be available, which creates its own set of
issues. But for planning purposes, I thought it would be beneficial to lay out
the list from the most recent audit request I reviewed.
Read
more here…
This e-mail newsletter has been provided
complimentary to Associations and industry stakeholders by Wayne Gregory of
Gregory Management & Consulting Services (GMCS). Wayne
Gregory has been the recognized regional leader in the areas of Labor &
Industry Relations since 2005 and is continuing to serve the industry and its
multi-employer Associations under the GMCS brand, Knowledge, Trust, Integrity
and a unwavering commitment to Serve the industry. From Association
Management & Executive Leadership services, Owner Representation,
Government & Legislative Affairs & Subscription Services and Labor
& Industry Relations, let GMCS help your Associations and organizations to
forge a new and clear path forward.
We hope that you enjoy the new newsletter
format and welcome all comments and suggestions regarding these changes.
You may forward those to Wayne Gregory @ wegregory@gregorymcs.com.
Best wishes to all for a safe, prosperous,
healthy & harmonious 2014.
Sincerely,
Wayne E.
Gregory
Gregory
Management & Consulting Services
Audubon,
PA 19403
E-Mail: wegregory@gregorymcs.com
On the
web: www.gregorymcs.com
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