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Cash Balance Plans Get More IRS Guidance on Interest Crediting Rates

The Internal Revenue Service (IRS) issued guidance recently on how to change interest crediting rates in a cash balance (CB) plan. The Issue Snapshot posted on the IRS website on May 31 analyzes some of the implications of amending a CB plan to actually or potentially decrease the interest crediting rate.

Candidates with Great Technical Skills Will be Your Purple Squirrel Over the Next 5 Years

If you’re unfamiliar with the term “purple squirrel,” it’s basically a phrase used to describe a job candidate with precisely the right education, experience, and range of qualifications who perfectly fits a job’s requirements. Over the next few years, as technology continues to evolve the way we work, the need for technical skills is going […]

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What You Need to Know to Train Your AI to Train Your Employees

According to research highlighted in MIT Sloan Management Review, 85% of executives believe that artificial intelligence (AI) will help them sustain or obtain a competitive advantage. Yet, less than 39% of companies have an AI strategy in place, including AI for learning and development (L&D) platforms.

Build, Buy, Borrow, Bridge: 4 Solutions for Solving the Talent Shortage Issue

With the low unemployment rate, finding top talent has been a recurring theme for 2018. Many companies are continuously reporting that they struggle to find skilled workers to fill roles. And new research, released by ManpowerGroup, drives this point further home. However, ManpowerGroup is now offering some suggestions to help fix the talent shortage issue.