ERIP Basics
ERIP stands for Early Retirement Incentive Plan. Employers have been using ERIPs for years—they’re an effective way to influence the workforce and even sometimes to avoid implementing a layoff.
ERIP stands for Early Retirement Incentive Plan. Employers have been using ERIPs for years—they’re an effective way to influence the workforce and even sometimes to avoid implementing a layoff.
Let’s face it, not all jobs are glamorous, and as Mike Rowe of Dirty Jobs says, “Somebody’s gotta do it!” Sometimes not all jobs are as exciting as Rowe would have you believe, either! Case in point—one employer is facing a recent claim that one employee insists his job was too “boring!”
By Holly K. Jones, JD, Senior Legal Editor When the Roomba first hit the market it was one of those mythical things, to me—like hoverboards and self-driving cars and same-day Amazon delivery—about which I could only dream. But as the prices became more reasonable and the devices more sophisticated, I decided that, as a person […]
When it comes to rewarding employees above and beyond base salaries, companies are prioritizing career development, more than other alternative rewards, benefits, and bonuses, according to new research.
Low employee engagement continues to be one of the biggest challenges facing organizations, with data from Gallup showing employee engagement in the United States consistently trending from 31% to 32% since the beginning of 2015.
Most employees at large U.S. companies say HR communication doesn’t prepare them to make smart decisions, according to a recent survey from Davis & Company.
Success in business requires a competitive edge—it takes that special something that makes a company and its products or services stand out in a rapidly changing marketplace. A high-performing, engaged workforce can give you that edge. Engaged employees are innovative, enthusiastic, and passionate about their job and where they work. That combination is the key […]
With the release of the Department of Labor’s (DOL) final overtime regulations, employers and Human Resources (HR) professionals will not only be dealing with the dollars and cents of shifting numerous employees from the exempt to nonexempt categories under the Fair Labor Standards Act (FLSA) but also be tasked with bolstering employee morale and handling […]
Staying on top of college recruiting means being aware of their expectations, and expectations are pretty high right now. According to a new survey from CareerBuilder, 67% of employers say they plan to hire recent college graduates this year, which is up from 65% last year and is the highest outlook since 2007.
New overtime regulations can cause a shakeup in the workplace—and HR professionals must be prepared to handle employee concerns. Employees may have certain issues with being transitioned from exempt to nonexempt, and BLR® Legal Editor Susan Prince, JD, MSL, has advice for helping employees navigate these worries.