Practical HR Tips, News & Advice. Updated Daily.
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.
Employers everywhere are finding that a robust economy and low unemployment means fewer applicants for any given role. It’s often difficult to find a well-qualified employee when a vacancy presents itself. As such, they’re thinking of creative ways to expand the talent pool and find candidates who are a good fit.
When is the last time you updated your social media policy? Does it still reference older social media sites like Bebo, MySpace, Digg, or about.me? Since our last article on this topic several years ago, technology has undergone significant changes. You likely drafted many of your policies before the likes of Instagram and Snapchat even […]
Did anyone else watch On Our Own, the 1994 TV series in which six real-life siblings co-starred and were raised by their eldest brother (who posed, Madea-style, as their long-lost Aunt Jelcinda and was apparently not one of the real-life siblings) after the death of their parents? I remember this series, not for the tearjerker […]