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Economists Say 401(k) Plan Loan Policy Shapes Borrowing

Decades into reviewing the pluses and minuses of 401(k) defined contribution retirement plans, most employer plan sponsors have chosen to offer plan loans, which on the one hand give participants early partial access to their retirement funds but also threaten to erode those savings. A new paper suggests that plans’ loan policy can shape participant borrowing, […]

Words Matter (More than Lithium)

Litigation Value: A plaintiff (and high school) class consisting of “Scott’s Tots,” each of whom could claim entitlement to four years of college tuition — less an offset for the value of a laptop battery. (Thanks, Mr. Scott.) Greetings, faithful readers! You know the summer’s going fast and the nights are growing colder — at […]

Are Your Young Leaders Trained to Bridge the Generation Gap?

With more and more large universities and high schools adding degrees in hospitality to their course offerings, it’s clear that the industry is gaining attention from millennials. (A millennial, commonly referred to as Generation Y, is anyone born between the 1980s and early 2000s.) The increase in the number of students graduating with a bachelor’s […]

Pros of Using AI in the Recruiting Process

Does your organization utilize artificial intelligence (AI) in the recruitment process? There are many ways to do so, from recruitment bots to the automation of many of the initial applicant screening steps and much more.

ESOP May Be Short Answer to Complex Questions

Question: How can an employer engage employees in the company’s success, give themselves a competitive position in the battle for new and existing employees, and at the same time, facilitate the sale of the company to a group of trusted, motivated people?

How to Implement a Workplace Breastfeeding Policy

The letter of the law may only require employers to extend breaks and access to a lactation room to eligible employees on an as needed basis, but many companies are taking a proactive approach and looking to implement policies that will boost employee retention. According to Eileen Shue, vice president of corporate resources for the […]

Gender Pay Gap Prevalent in the Hospitality Industry

The 2017 Restaurant Management Salary Survey Report, the third annual report from Gecko Hospitality, the largest hospitality recruiter in the United States, finds the gender pay gap is still widespread, with starting pay and bonuses for men considerably higher than for women.

Telecommuting Basics: Q&A for Employers

Does an employer have liability for injuries that telecommuters incur while in their home office? How can you keep your company culture if you allow people to work from home? Who should pay for equipment for telecommuting employees’ home offices? In a recent BLR webinar, Dayna Fellows answered these questions and more. Here’s a sample […]