Practical HR Tips, News & Advice. Updated Daily.
In yesterday’s Advisor, WorldatWork’s Kerry Chou offered the four top reasons that key talent leaves organizations. Today, what strategies are working, plus an introduction to a highly practical collection of prewritten, ready-to-use HR policies. What Strategies Are Working? WorldatWork surveys have shown the following percentages of respondents who said the tactic was “very effective” or […]
Without even realizing it, most leaders do and say things that send employees into their “Critter State” where every decision they make is driven by fear, says Christine Comaford, author of the new book Smart Tribes: How Teams Become Brilliant Together (Portfolio/Penguin, June 2013). And the consequences are more dire than you might realize. Most […]
by Richard L. Rainey North Carolina’s law overhauling the state’s unemployment system will take effect July 1, bringing about a small tax increase for many employers and a reduced maximum weekly benefit amount for claimants. It also will change the circumstances in which a claimant is disqualified from benefits. During the economic recession, the state […]
By Keri Bennett When a long-service costume designer was dismissed following a workplace harassment investigation, a British Colombia arbitrator found the company’s no-hire ban for all future productions to be excessive, since there was a lack of progressive discipline. Despite finding that the fired employee had engaged in longstanding and widespread harassment of junior employees, […]
The job market is always hot for key talent, says WorldatWork’s Kerry Chou, and with the economy improving, it’s just going to get worse. Chou, who is Senior Practice Leader, Compensation, at WorldatWork, offered his tips at WorldatWork’s Total Rewards 2013 Conference and Exhibition, held recently in Philadelphia. Why Key Talent Leaves Employers are always […]
Creditors of retirement plan participants sometimes try to tap into a participant’s supplementary benefits under various legal arrangements, including garnishment and domestic relations orders. If a plan administrator or adviser is faced with the prospect of a participant’s deferred compensation being assigned to a creditor, the administrator must be familiar with a number of complicated […]
Concerns about the effect of lump-sum retiree distributions on the funded status of defined benefit pension plans with ongoing obligations to future beneficiaries were prominent as members of the ERISA Advisory Council tackled issues of “derisking” at a June 5 open meeting at the U.S. Department of Labor. There was high interest in the topic […]
Oswald, CEO of BLR®, offered his thoughts on leadership and employee engagement in a recent edition of The Oswald Letter: If you read the Harvard Business Review, you might have noticed a recent article proclaiming “The New Employer-Employee Compact.” The article, like all the other articles and books written on the subject, reminds us that […]
Starting July 31, 2013, the IRS will start collecting, and employers will start paying, a new excise tax authorized by the health reform law. This annual fee will be imposed on most insured and self-insured group health plans for the next seven years. The feds have amended the April 2013 IRS Form 720 (Quarterly Federal […]