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While studying accounting in undergrad at Menlo College, Lupita McLane discovered she was interested in the people aspect of organizations. “I realized that the success of any business ultimately depends on its people and their effective management,” McLane shared with HR Daily Advisor. “This realization led me to switch my major from accounting to human […]
Jade and Cristina, like thousands of software engineers in their early 30s who dream of starting families, have worked long hours and built solid networks. Their careers are advancing nicely. Typical of tech employees in their generation, each chose to work for a company that supports work/life balance and offers attractive family-building benefits, and both […]
The overall percentage of private sector unionization dipped slightly (by .2%) in 2022, but labor unions made strides in organizing new workers. In 2022, unions won more elections to represent private sector employees than in any year since 2005. They also won a record-high 76% of all elections held, buoyed by numerous victories in the […]
Income inequality is one of the most impactful and persistent sources of broader inequality in the United States, with women, Hispanics, and African Americans earning considerably less than white and Asian men. To address this problem, jurisdictions around the country have turned to pay transparency laws, which require employers to share pay information with job […]
Today’s macroeconomic backdrop is leading candidates to seek employers that truly care about them as people, are willing to invest in their future, and don’t treat them as disposable. This is especially true for recent college graduates, who fill a vital role in the talent pipeline but also have much different expectations of employers than […]
Non-cash incentives are playing an important role in today’s employee attraction and retention strategies. The Great Resignation has started an important conversation, and workers have shown through their actions that they want to be seen as more than a cog in the machine. Employees are looking for more than a standard salary and benefits from […]
In today’s work environment, U.S. employees are experiencing increasing levels of stress and burnout due to longer workweeks, the labor shortage, the return of time-consuming commutes, increased responsibilities post-COVID and other similar issues that can impact mental and physical health. A recent report released by LLC.org ranked the top 30 “Most Stressful Cities to Work […]
Environmental, social and governance (ESG) has become a cornerstone of corporate attitudes. Throughout the last decade, companies have ramped up their sustainability initiatives and concentrated on creating diverse and equitable teams. However, employee well-being tends to get overlooked. Following nearly three years of pandemic pandemonium, employees, companies, and investors view health as integral to the […]
A quick SECURE Act 2.0 summary is nearly impossible to give. Like the original 2019 SECURE Act, the goal of the update was to increase the number of companies offering retirement plans and to increase employees’ participation in those plans. While the original SECURE Act brought forth new changes, SECURE Act 2.0 far exceeds the […]
Getting “back to normal” as the COVID-19 pandemic has eased has not been simple for anyone. In terms of plan administration, the continued tolling of employee benefit plan deadlines, including those related to continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA), has kept plan administrators firmly planted in a “COVID-19 world,” even as […]