Tag: business

Must You Provide a 401(k)?

Given how ubiquitous 401(k) plans are these days, you might assume that they are practically legally mandated. The fact remains, however, that employers in the United States do not have any obligation to offer a retirement savings benefit to employees though many opt to do so now that employee pensions have all but disappeared.

Title: 72% of Organizations Do Not Pay Workers above Minimum Wage, Says Aon

Despite recent reports showcasing organizations that are increasing employees’ pay above the minimum wage, new research from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that 72% of organizations with minimum wage employees currently do not have a plan to pay those employees above the mandated rate.

Do Management Teams View HR as a Strategic Partner?

It’s a given that HR professionals are actively involved in many areas of an organization, but where exactly? A recent BLR® survey looks at how HR plays a role in strategic business planning and other key strategic areas. According to Your HR Department survey, HR is viewed as a strategic partner by management teams for […]

When Is ‘Ineligible’ Employee Covered By FMLA?

By Valeria Gomez, JD It’s no secret that the Family and Medical Leave Act (FMLA) provides leave benefits only for employees who fit the strict eligibility requirements set forth in the statute. Recently, however, the U.S. Court of Appeals for the 6th Circuit—which covers Kentucky, Michigan, Ohio, and Tennessee—ruled that an employer may not be […]

The Wonders of a 6-Hour Workday

In yesterday’s Advisor we discussed the history of the 8-hour workday and some beliefs about how it might be modified with great success. Today we’ll look at the potential benefits of the 6-hour workday.

Focusing on External Threat Helps to Execute Strategies, says Study

Focusing on a common external threat is often an effective way for a company to execute its business strategy, according to a study, “Executing Corporate Strategy: A Global Study.” However, the challenge is to not create a culture of fear in the process, which could stifle innovation and risk-taking.