Practical HR Tips, News & Advice. Updated Daily.
Yesterday we took a look at Internal Revenue Service (IRS) guidance on how to change interest crediting rates in a cash balance (CB) plan. Today we’ll look at the two approaches that the IRS has discussed to address a change in the interest crediting rate.
The World Cup is great time for football fans, as spirits soar and games provide plenty of post-match analysis in the staff room. New research, however, suggests the tournament could have a negative impact on UK business, with 53% of UK workers saying they plan to take at least one day off to watch a […]
Many of you may recall reading Robert Fulghum’s All I Really Need to Know I Learned in Kindergarten. If you take a look at his list of rules, you’ll find it describes several policies you already follow and enforce in your workplace. “Don’t hit people” certainly describes your no-fighting policy. “Put things back where you […]
Wouldn’t it be nice to have some way to assess the likelihood that a given candidate will stay with the organization long term—or to have at least a way to predict which candidate is more likely to succeed in your organization if more than one seems qualified for a given role?
Yes, 2018 is more than half over. Many changes have already occur ed in the last six months, never mind over the last decade. Quite a few of those changes have influenced the world of HR. Nevertheless, here are some changes you’ll want to stay ahead of as we run out the clock on 2018.
Generation Z will make up about 20% of the workforce and 40% of consumers by 2020. Here are 5 key differences between Generation Z and Millennials, and our perspective on how these differences will impact your business
In 1977 the world was introduced to social learning—although the practice was discovered way before psychologist Albert Bandura coined it.
For millions of employers across the country, the months of June and July are focused on much more than planning a summer vacation: it’s midyear review time. For many employees, midyear reviews are marked by anxiety and frustration. But what value does a midyear evaluation actually have for an employee? Ultimately, the responsibility to supply […]
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.
The U.S. Department of Labor’s (DOL) fiduciary rule was laid to rest June 21 when the U.S. Court of Appeals for the 5th Circuit issued a final mandate to vacate the regulation aimed at expanding the definition of an investment advice fiduciary.