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The U.S. Department of Labor on April 14 previewed proposed changes to the 40-year-old definition of “fiduciary” that the agency says will increase consumer protection for those seeking advice on retirement investments and 401(k) rollovers. The long-awaited changes will include a new contract for broker-dealers to sign that pledges they will “formally commit to their […]
By Stephen D. Bruce, PHR Editor, HR Daily Advisor What will the biggest challenges of 2011 be for HR managers? One thing is sure—it’s going to be an interesting year. We’d like to find out what your particular concerns are . In 2010, the challenges facing HR were as big as ever. You faced: Workers […]
According to information highlighted by SHRM, hiring interns goes back to the guilds of the Middle Ages, when apprenticeships were highly sought after and prestigious.
A new Massachusetts pay equity law going into effect on July 1, 2018, contains provisions that are much broader than current federal law and even prohibits employers from screening applicants based on their salary or wage history. Although the law doesn’t take effect for nearly two years, employers are advised to start planning immediately in […]
By Gilda Villaran It’s common for companies to fill executive positions in Canada and the United States with one executive. That person is based in the United States and commutes to Canada on a regular basis to provide services to the Canadian affiliate. Since such executives are providing services to a Canadian company, they can’t […]
Several weeks ago, we reported on a new rule issued by the Department of Homeland Security (DHS) describing the steps an employer must take when it receives a “no-match” letter from DHS or the Social Security Administration. The regulation was slated to go into effect on Sept. 14, 2007.
A job description need not account for every task that might ever be done. Here are the most critical components of a good job description.Heading Information
by Jamie Brabston As employers prepare to comply with the upcoming information-reporting requirements of the Affordable Care Act (ACA), which remain in place after the Supreme Court’s decision in King v. Burwell, Congress snuck higher penalties for failing to meet those requirements into a trade bill. House Resolution (HR) 1295, known as the Trade Preferences […]
According to a survey commissioned by Academic Partnerships (AP), human resources (HR) executives agree that advanced academic degrees are important for employees looking to advance in their companies. The advantages of advanced degrees include: Upward mobility (89%), Promotion (86%), and Increases in salary (71%). However, these executives report that only half of their employees hold […]