What Baby Boomers Need to Know About Managing Younger Generations
While the Millennial generation is set to take over the workforce soon, there are still a lot of Baby Boomers in the workforce in managerial roles or vying for managerial roles.
While the Millennial generation is set to take over the workforce soon, there are still a lot of Baby Boomers in the workforce in managerial roles or vying for managerial roles.
One of the factors often cited as contributing to racial and gender disparities in the workplace is discrimination in the hiring process. This could come in the form of explicit discrimination against women or people of color by a hiring manager.
There used to be an unspoken social contract between employers and employees. If the latter worked hard and stayed committed, the workplace would provide pay, job security, and even pensions. But that model supported a different time—one when the job supported basic goals, such as getting married, starting a family, and owning a home.
Many 401(k) plan sponsors seek to reduce their potential fiduciary liability by electing to be a Section 404(c) plan. Under Employee Retirement Income Security Act (ERISA) Section 404(c), a fiduciary is not liable for losses in the plan resulting from the participant’s selection of investments in his or her own account, provided that the participant […]
Artificial intelligence (AI) is here, and it’s here to stay. In fact, President Donald Trump recently signed an Executive Order that encouraged federal agencies to invest in research and development in AI, an area in which businesses have been leading the way.
It is no secret that there is a “war for talent” in the business world to attract the best and the brightest. As this fight continues, and although some of the same best practices we have known for decades still apply, there are other cool, innovative approaches that organizations have successfully used in ensuring the […]
In a tight labor market, the last thing you want to be doing is driving your employees out. Finding skilled talent is proving to be extremely difficult, therefore employers must rely on retention strategies to keep workers sticking around. Knowing what your workers want, and what’s causing them to leave, is the first step in […]
According to information highlighted by Paycor, employee handbooks have many benefits; they:
According to some experts, competition can be a positive thing inside the workplace, encouraging employees to problem solve and be more innovative and creative. Yet others claim that unmonitored competition can lead to a toxic workplace where workers are constantly stressed, fatigued, backstabbing one another, and so on.
A recent study discovered that globally, nearly 70% of people work remotely at least once a week. So, it’s quite concerning then that not many employers offer their employees insight into how to work remotely efficiently and effectively.