Spring—The Best Time to Renew Your Optimism
Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. —Helen Keller
Tag: benefits
DOL Fiduciary Proposal: Best-interest Broker Contract Planned
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 […]
Salary Negotiation Tips for Employers
When it comes to hiring new employees, reaching an agreement on an appropriate salary can be a sticking point. Employers often have a range in mind, and they must balance the need to stay within a tight budget with the need to hire the best fit for the job.
Training and Development Survey—What’s New?
Training—it’s how you mold promising new hires and start creating your company’s future leaders. What’s happening with training and development in the real world? What are your competitors up to? Help us find out!
Changes to IRS’ EPCRS Focus on Auto-features
The second round of revisions to IRS’ Employee Plans Compliance Resolution System in a week focused on failures in automatic enrollment and escalation in defined contribution retirement plans. The procedural changes from the agency also addressed DC plans’ automatic employee contribution features that experience short-term elective-deferral failures. The procedural changes in Revenue Procedure 2015-28 were released […]
Unlimited Vacation Time—Effective Policy or Too Good to Be True?
Perhaps you’ve heard about the growing number of organizations that are opting to remove limits from employee vacation time. Instead of imposing an arbitrary number of vacation days for employees, such as 2 weeks, they’re allowing employees to take time off as needed, without counting the days.
HR Metrics Survey—What’s Being Measured These Days?
Big data is omnipresent in today’s business landscape. Metrics and analytics, along with the hypotheses drawn from them, are having a great impact on how decisions, big and small, are made—including in the field of human resources. So, what’s happening with HR metrics out there? What are your competitors measuring to gain an advantage? Help […]
Supreme Court Will Resolve Split over ERISA Reimbursement
The U.S. Supreme Court decided to hear a case to resolve whether an ERISA health plan can recover money it spent on a plan participant’s care from his or her personal injury settlement, even if the participant has already spent those particular funds. To settle this question, the Court granted certiorari March 30 in Montanile v. Bd. of Trustees […]
Will Robots End Employment as We Know It?
In shades of science fiction, an Australian professor (there always was a professor in those old sci-fi movies) has made a dire prediction—robots may end employment as we know it. Maybe HR staff in the future will be addressing circuits and batteries rather than comp and benefits. Will they need an oil can?
Checklist for Drafting Executives’ Contracts
Yesterday, we looked at the AESC BlueSteps Executive Compensation Report, which revealed that executive compensation is on the rise. Today, we turn to smart drafting of executives’ contracts.