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The Employee Retirement Income Security Act of 1974 (ERISA) generally requires private employers offering pension plans to adhere to a lengthy list of rules designed to ensure plan solvency and protect plan participants. Church plans, however, are exempt from those requirements.
Many leaders believe they must have all the answers—that it’s their responsibility to have the answer to every question and the solution to every problem. In my estimation, it’s more important to ask the right questions than it is to always have the answer.
Most organizations like when their employees go above and beyond the letter of their job description. In some cases, this discretionary effort is an expectation; indeed, there are companies that could not function without it. Efforts to build a strong company culture and boost engagement will of course benefit individual employees but also make it […]
In the film Night School, the main character experiences a workplace that mixes religion and the workplace in a way that the Equal Employment Opportunity Commission (EEOC) would not approve of.
We often find that the chief diversity officers (CDOs) we speak to are driven by a passion for helping and working with people. That passion doesn’t necessarily focus on diversity, equity, and inclusion (DEI) specifically or exclusively, but DEI work tends to be a great outlet for that passion. And it has been a great […]
An employer has asked the U.S. Supreme Court to weigh in on joint employment in wage and hour claims—an issue that has recently divided the federal courts of appeal and drawn mixed messages from the U.S. Department of Labor (DOL).
One of the simplest and most direct ways to train is to pose and answer a series of questions about the safety issue. Here’s an example of how this method works for near- miss training. What Is a Near Miss? A near miss is an incident in which property damage and injury could have happened—but […]
Both job candidates and employees expect competitive and accessible benefits from employers, especially given the tight labor market. Providing employees with the benefits they want can improve their morale and performance and lead to higher productivity, engagement, and profitability. Also, good employee benefits are a boost to any company’s brand.
For example: If salespeople don’t view your program as competitive, your best salespeople will seek greener pastures. If salespeople don’t view your program as fair, there will be morale issues. (For example, if plans aren’t carefully thought through, some territories may experience a high volume of easy sales, while other territories have little opportunity to […]
As of artificial intelligence (AI) evolves, its potential to handle not just routine and menial tasks but even complex responsibilities—which were originally under the mandate of the most learned professionals—is becoming clearer. One area where this transition is prominently visible is accounting, within which AI is set to bring a revolution to how professionals practice […]