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DOL Extends Transition Period for Fiduciary Rule Exemptions

On November 27, the U.S. Department of Labor (DOL) announced an 18-month extension—from January 1, 2018 to July 1, 2019—of the special Transition Period for the Fiduciary Rule’s Best Interest Contract Exemption and the Principal Transactions Exemption, and of the applicability of certain amendments to Prohibited Transaction Exemption 84-24 (PTEs). This extension follows public comment […]

Mandatory Vacation Might Juice Your Employee Productivity

The past several years have seen employers of all kinds dabbling in nontraditional types of paid leave. One of the more notable offerings has been unlimited vacation time, but research has found that such leave is actually counterproductive—peer pressure prevents most employees from actually taking advantage of it.

trends

Popular New Benefits Reflect Changing Workforce

In the ongoing battle for benefits supremacy, employers are increasingly offering perks that probably never would have even crossed their minds just a decade ago. As with so many changes in the workplace these days, the shift has been prompted by Millennials, who are drawn by more than the bottom-line salary.

Why Gamification Works

Does your company use gamification as part of its training and development processes? If not, it may be losing out because gamification applies the elements and mechanics as used in gaming but in a nongaming manner.

Record Number of Companies Earn Perfect Score from Human Rights Campaign

A record number of the nation’s major companies and law firms are advancing policies and practices to protect lesbian, gay, bisexual, transgender, and queer (LGBTQ) workers around the world, according to the 2018 Corporate Equality Index (CEI) from the Human Rights Campaign (HRC) Foundation, the educational arm of the nation’s largest LGBTQ civil rights organization.

Skill-Based Hiring and Training Is the Future

When employees leave your company, they take their skills with them. When someone stagnates at your company, his or her skills do not improve. That’s why many make use of skill-based hiring and training to avoid loss of skills.

Alberta workers’ compensation: a refocus

by Theodore Fong This year has seen many developments in the labor and employment fields in Canada. One recent development concerns the Alberta Workers’ Compensation Board (WCB), one of several public agencies across Canada to administer an insurance plan for injured or ill workers. Its no-fault insurance system has been in place for nearly a […]

New minimum wage, paid sick leave requirements for Washington

by Cate DeJulio and Stephanie Holstein Employers in Washington will be required to comply with a new minimum wage and offer paid sick leave beginning January 1, 2018. Minimum wage As a result of Initiative Measure (IM) 1433, approved by voters in November 2016, the state’s minimum wage will rise to $11.50 an hour on […]