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April 2009—David L. Swider, Bose McKinney & Evans LLP—When Depression-era bank robber, Willie Sutton, was asked why he robbed banks, he is famously reputed to have responded, “Because that’s where the money is.” Andy Stern, president of North America’s largest and fastest-growing union, the Service Employees International Union, seems to have taken a similar tack in targeting banks in the next wave of union organizing.
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September 2007 — David L. Swider, Bose McKinney & Evans LLP — Employers that employ at least 50 workers in Indiana must now allow eligible employees to take an unpaid leave of absence to spend time with certain family members who are engaged in or called to active military service. Recognizing and appreciating the commitment and sacrifices made by our military personnel and their families, the Indiana legislature enacted the Indiana Military Family Leave Act, which went into effect on July 1.
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September 2007 — Mark R. Angott, Angott Search Group — The people who make up your work force are indispensable not only to your success, but to your very survival in today’s competitive banking industry. You are not alone if you are finding that it takes longer to find the talent you need, if candidates have multiple offers to choose from, or if you are losing valuable employees to your competitors.
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May 2007 — Steve Swanston, John M. Floyd & Associates — As an executive or board member of a financial institution, it is critical that you get a handle on the impact your staff is making on your profitability. Are your employees making you money? Or are they simply an expense?
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September 2006 — Michael R. Lied, Howard & Howard Attorneys PC — Employers annually send the Social Security Administration (SSA) millions of earnings reports in which the combination of employee name and Social Security number does not match SSA records. In some of these cases, SSA sends a letter that informs the employer of this fact, referred to as a “no-match” letter.
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September 2006 — Susan Oliver, Bose McKinney & Evans LLP — Over a year ago, the U.S. Supreme Court in Smith v. City of Jackson, Miss. expanded the scope of the Age Discrimination in Employment Act (ADEA), ruling that individuals may bring a disparate impact claim under that statute by claiming that their employer’s facially neutral policy or business practice had an adverse impact on individuals who are 40 years of age or older. Before this case, the federal courts of appeal had split on whether an individual could bring a disparate impact claim — vs. a disparate treatment claim — under ADEA.
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September 2006 — Timothy Reimink, Crowe Chizek and Company LLC — We know that incentive compensation plans can impact the performance of individuals. Management hopes that incentive compensation plans will also impact the performance of their institution. Based on our experience and analysis, incentive plans do impact institution performance. The type of incentive plans management chooses has a significant impact on performance.
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May 2006 — Karen Land, Computer Services Inc. — There is a health care crisis in this country. Millions of Americans have no health insurance at all, and increasing numbers of employers are hiking deductibles, dramatically reducing coverage or eliminating company-paid health insurance altogether. In a brief five-year span, premiums for family coverage have risen 59 percent, while wages have grown only 12 percent.
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May 2006 — Michael R. Lied, Howard & Howard Attorneys PC — In International Airport Centers, L.L.C., et al., v. Jacob Citrin, Citrin was employed to identify properties that IAC might want to acquire, and to assist in any later acquisitions. IAC provided Citrin a laptop to use to record data that he collected in the course of his work. Citrin decided to quit IAC and go into business for himself, in breach of his employment contract. Before returning the laptop to IAC, he deleted all the data in it.
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January 2006 — Lou Adler, The Adler Group — "A few weeks ago, my wife saw my eyes fill with tears as I watched television. Fortunately I was watching a basketball game, so she knew it wasn’t too serious. After 35 years of marriage, she knew immediately the cause and said, 'Oh, that John Wooden fellow must be speaking again.'”
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