How to Avoid Fast Turnover with New Hires
In a previous post, we discussed the high cost of turnover and recruitment and the need for businesses to make sound and lasting hiring decisions when possible to keep these costs to a minimum.
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More Tips for Hiring and Recruiting Veterans
We’ve covered the benefits of hiring veterans in part one of this article series, as well as information about how to better recruit veterans. Today we’ll provide more information about how to hire and retain veterans.
Diverse Hiring: Cultural Fit Could Backfire
Birds of a feather flock together, which means that people who are similar to each other, or share similar interests, tend to spend time with each other. In the business world, this could be likened to “cultural fit.” While many companies want to hire based on cultural fit, this could end up backfiring. A diverse and inclusive workplace […]
The Dangers of Hiring Friends and Family
Hiring those from within our close personal network—i.e., friends and family—has been a common practice since the earliest days of specialized work. We feel like we can trust people we know, want to give them a means of income, and want to groom someone to take over after we, or other employees, leave the company. […]
Don’t Ask about Prescription Meds Without Reasonable Belief, Objective Evidence
Q Is it legal to ask employees what prescription medications they use and whether the medications may affect their behavior or cause a safety issue?
Using Real Market Returns for Interest Crediting Reduces Cash Balance Plans’ Volatility, Study Finds
A shift to using real market returns for interest crediting in defined benefit (DB) plans’ cash balance (CB) features is lessening volatility and making the supplementary retirement accounts more appealing to plan sponsors—especially because this type of formula is more responsive to changing market conditions, according to a recent study.
Employer Pays $4.4 Million Settlement to Resolve Carpal Tunnel Screening
In physical, labor-intensive jobs, companies are often concerned about both the ability of employees to be able to do the work and the potential liability for workplace injuries.
Could Off-Duty Actions Get ‘Pool Patrol Paula’ or ‘I.D. Adam’ Fired in MN?
A number of incidents have surfaced recently in which neighbors or passers-by have called police to report African Americans engaging in seemingly ordinary pursuits. Examples include calls to investigate a college student napping on a couch in her dorm, some friends grilling in a public park, and an 8-year-old girl selling bottled water in front […]
Missing Participants Errors Now Top DOL, IRS Audit Focus, Nudging Out Late Payroll Deposits, Winston & Strawn Says
Federal agency audits are never far from the minds of employer retirement plan sponsors and their third-party administrators (TPAs), but knowing which recurring errors and internal controls most interest the Department of Labor (DOL) and the Internal Revenue Service (IRS) right now can be helpful in avoiding or preparing for such inquiries.
Practice What You Hope to Never Need
Violence struck at the heart of the Arizona legal community this summer. Over two days in early June, gunshots rang out at a law firm and the offices of two mental health professionals who often serve as court witnesses. For several days while the shooter remained at large, legal workplaces in Phoenix, Scottsdale, and surrounding […]