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Millennials

Improve Employee Retention Rates with These 7 Tips

by Miranda Nicholson, director of HR, Formstack Employee retention is not only valuable to company culture, but essential to the bottom line: turnover can cost a business as much as 150% of a position’s annual salary. The Human Resources team is essential to maintaining employee satisfaction and engagement, and their work is never finished. With […]

A ‘Vampire’ in the Workplace Stokes Discrimination Lawsuit

This sounds so high school! An employee recently filed suit in an Illinois federal court because his coworkers teased and ridiculed him because he had an accent, saying he looked and sounded like a vampire. What makes this story strange is that the employee is a securities broker and so are his coworkers.

Is Your Check Culture Light On?

There is a lot of talk surrounding company culture, which is important. A company’s culture is the revving engine behind any successful organization. Keeping with the motor metaphor, companies like to discuss what type of “engine” they want powering their car. They carefully craft and tinker these “engines,” and once they’re done, they shut the […]

hire

Hiring Help: Outsourcing the Talent Acquisition Function

Are you an HR department of one or a small business that doesn’t have the time to source and hire top talent? Have you considered outsourcing this function to help fill vacancies faster? If so, you may be confused by all the options available to you.

FLSA

Staffing Firms Gain Extra FLSA Overtime Protection

Temporary staffing firms may qualify as “retail or service establishments” and therefore may be able to apply the Fair Labor Standards Act’s (FLSA) “retail sales” overtime exemption to some of their employees, according to a recent opinion letter from the U.S. Department of Labor (DOL).

Managers Stress (and Quit) Over Managing Gen Z

Is Gen Z so difficult to manage that their bosses are getting overly stressed and even quitting? That’s the suggestion from a new survey of 1,000 U.S. managers who oversee Gen Z employees, conducted by Intelligent.com. Every new generation that comes into the workforce has its unique perspectives, working styles, advantages and challenges. Much is […]

Global CEOs Anxious Over AI Adoption

The explosive advancements in artificial intelligence (AI) technology in recent years have created an intense environment for business leaders. Very few corporate executives had meaningful AI experience prior to this recent revolution, and with AI developments continuing at an exponential pace, trying to get up to speed can seem like drinking from a massive firehose—and […]

ESPP Loans Can Make 401(k) Plan Loans Less Attractive

Employee Stock Purchase Plans can reduce 401(k) plan loans, a prominent money management firm says. Fidelity Investments found that employees are less likely to take out a loan from their 401(k) account if their company also features an employee stock purchase plan. Employee funds held in these often-discounted stock plans, which are increasingly seen as […]