Practical HR Tips, News & Advice. Updated Daily.
Across industries, the human resources (HR) department has been subject to an array of stereotypes, from the complaint center, to the benefits specialists, to the hiring—or firing—department. Whatever image comes to mind, it is widely accepted that “traditional” HR serves as a place to go for help. Yet, as new technologies like Artificial Intelligence (AI) […]
When looking to fill a vacancy—especially one that is a position of leadership—does your organization look internally, externally, or both?
The Strengthening Financial Security Through Short-Term Savings Accounts Act of 2018 is a bill introduced in the Senate in July 2018 (S. 3218). It proposes, in short, to “allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies.”[i] This bill has only been introduced; it has been referred to committee, and […]
“They just don’t get it!” How many times have you heard your managers lament that their direct reports missed a deadline, failed at a task, or didn’t have the strongest approach to a situation? Perhaps they didn’t step up to a challenge that was presented to them, and your team is beyond frustrated that their […]
Halloween is tomorrow, and we are flashing back to a Halloween-themed episode from one of my favorite shows: The Office. While the episode is aptly named “Halloween” (because it takes place on October 31 and the day of the office Halloween party), it could have easily been entitled “Grim Reaper” because this episode follows Michael […]
WOTC stands for Work Opportunity Tax Credit, and it’s designed to be an incentive for employers to hire people who frequently face difficulty finding employment. As the name implies, this incentive is in the form of a tax credit. As such, it is administered by both the Department of Labor (DOL) and the IRS. It […]
A federal appeals court upheld an earlier ruling that 401(k) plan and individual retirement account (IRA) assets acquired by an ex-spouse in a divorce proceeding aren’t retirement funds protected by federal law from bankruptcy creditors. The case is Brian A. Lerbakken, Debtor-Appellant v. Sieloff and Associates, No. 18-6018 (Bankr. 8th Cir., Oct. 16, 2018).
News Flash: Innovation is no longer just a specialist’s job. What’s needed to keep up in today’s digital and global economy is a culture in which innovation is the mission of everyone, everywhere, every day.
The U.S. Pension Benefit Guaranty Corp. (PBGC) on October 19 announced that its premiums for single-employer defined benefit (DB) retirement plans will increase to $80 in 2019, from $74 in 2018. This is the last of the scheduled annual flat per-participant increases in single-employer DB plan premiums brought about by the Bipartisan Budget Act (BBA) […]
Disengaged employees are costly. A recent Deloitte report notes that organizations spend over $100 billion annually to improve employee engagement. Despite that, 87% of employees remain disengaged and cost U.S. companies $450 billion to $550 billion per year in lost productivity, according to Gallup.