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IRS Endorses Forfeitures for QNEC, QMAC Contributions in Final Regulations

The Internal Revenue Service (IRS) and U.S. Treasury Department on July 20 issued final regulations amending the definitions of qualified nonelective contribution (QNEC) and qualified matching contribution (QMAC) for employer-sponsored retirement plans to resolve questions about whether participant forfeitures can be used to fund QNECs and QMACs.

It’s Hurricane Season Already: Are You Ready?

Every year, many employers across the country face the question: “What do we do when a hurricane is upon us?” The real question should be whether the company has a plan in place, communicated to employees, to keep workers and their families safe and protect the business and its assets as much as possible. Read […]

Career Relaunchers 101: Recruiting ‘MBA Moms’ Back into the Workforce

I’ve had a number of male clients ask me how to bring more woman leaders into their organizations recently. I don’t care that this might be a knee-jerk response to current events; I’m just thrilled to have the conversation. “Want to bring more women into your organization?” I ask them. “Try recruiting at a PTO […]

leadership

Recruiting Top Talent in an Age of Low Unemployment Rates

With the unemployment rate at less than 4%, jobseekers are currently in the driver’s seat and are being more selective with their potential job opportunities. And now, employers must turn to more passive candidates and look at long-term goals and strategies if they’re interested in acquiring top talent.

Will ‘Zero-Time Onboarding’ Be the End of Traditional Hiring Practices?

While job searches surge in early January each year (by an estimated 43%), many companies still lack a structured onboarding process year-round, failing to allocate the necessary time and costs required for getting employees up to speed. While the onboarding process for businesses is generally ill-defined, what is clear is that poor approaches can lead to negative […]