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Businesses are still reeling from The Great Resignation, and it doesn’t appear that trend will be putting on the brakes in 2023. Research by Robert Half Talent Solutions shows that 46% of respondents are looking for a new job or plan to during the first six months of the year. By 2030, the U.S. is […]
Outsourcing and improved technology have long been used by employers to cut costs and boost productivity. But employers have also gotten into the act in recent years, albeit often without the consent or even knowledge of their employers. Moonlighting on the Sly For example, in 2013 a U.S. software developer in his 40s was terminated […]
In 2023, we find ourselves at an inflection point in the world of work. While the rollercoaster of responding to a global pandemic has slowed, the baton of uncertainty has been passed. The workforce now faces an unpredictable economy, widespread layoffs, and a pervasive feeling of burnout. That’s why the last few years have been […]
A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]
Many observers were surprised at just how resilient the American economy has been coming out of the COVID-19 pandemic. In fact, the American economy has been so strong that employers have been struggling to find enough workers to staff their operations. Unfortunately, high demand for both goods and labor has often been met with limited […]
Before Don Robertson segued into HR, he launched and spent half his career in accounting, finance, and sales. If you ask him, he’s just a “businessperson that happens to be in HR.” Nearly 38 years later, Robertson’s “strong fundamental business and finance background” laid the foundation for his impressive career as an HR executive. Robertson […]
Getting “back to normal” as the COVID-19 pandemic has eased has not been simple for anyone. In terms of plan administration, the continued tolling of employee benefit plan deadlines, including those related to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), has kept plan administrators firmly planted in a “COVID-19 world,” even as […]
We all work to live (at least in part). Still, sometimes a paycheck isn’t enough. Employee recognition programs are crucial for the success of any organization, as they help foster a positive work culture and boost employee morale. These programs are designed to acknowledge and appreciate employees’ hard work, dedication, and contributions and can take […]
The term “turnover contagion” evokes two distinctly fearful concepts, at least from the perspective of employers: pandemics and retention challenges; and the link this term creates is fairly apt. Employees have been leaving their jobs in increasing numbers, even posting about the joys of quitting live on social media. Employees on the Move “Quitting has […]
Just about all employers and brokers agree the health plan industry needs an overhaul. That’s one of the clear takeaways from Centivo’s late 2022 Employer & Broker Health Plan Trends Survey. Exactly how to make change happen, however, is where these groups somewhat disconnect: We found that far more employers are open to innovative ideas […]