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retirement

Pandemic Spurs Midyear Changes to Retirement Plans

Many employers searching for cost savings in the midst of the COVID-19 pandemic naturally have begun scrutinizing their contributions to benefits, such as retirement plans. The rules for making changes to retirement plan terms—and permit reductions in employer contributions—are complex, but new guidance temporarily permits you to reduce or suspend safe harbor contributions midyear.

High-Touch Approach to Workers’ Comp Yields Results

On-the-job injuries are all too common in some businesses. In assisted living centers, employees must lift, bend, and twist in their efforts to help the elderly residents perform their daily activities. This takes a toll on the backs of employees, even those trained in how to safely work with the elderly and infirm. Regency Pacific, […]

Work-Life Balance at the Executive Level

There is a lot of discussion about work-life balance in the U.S. workforce. Employees often feel like, between a full-time job and non-work obligations like child-rearing, they don’t have time to pursue passions like hobbies, exercise, or travel. And it doesn’t seem like things get easier at the top. The perception is often that it’s […]

Promoting Training and Development Opportunities to Attract Top Candidates

In an inflationary environment with limited labor supply, many small and midsize employers simply can’t afford to keep salaries and bonuses in step with their larger competitors for talent. Indeed, even major corporations may struggle to keep payroll costs down while recruiting and retaining top talent. Companies across a variety of industries are being forced […]

communication

How to Find the ‘Explainers’ and Turn Them into Your L&D Warriors

There’s lots of noise out there around which skills people should gain in order to get good jobs and have successful careers. If nothing else, the debate has yielded one irrefutable conclusion: We all need to be lifelong learners. We all need to get good at adapting and maintaining our skill sets to stay relevant […]

New Business Bumper Sticker: I ♥ My Millennials

We’ve written a lot in past Advisors about Millennials and their supposed challenging generational characteristics. However, I have to say I love my Millennial colleagues; they’re hardworking, earnest, productive, dependable, capable, and cooperative. The Enthusiastic Employee Debunks Generational Characteristics   And that’s not just my opinion. In their recently published second edition of The Enthusiastic […]

DATA

How GDPR Is Creating Challenges for Employers

Earlier this year, the European Union’s General Data Protection Regulation (GDPR) went into effect. If you are a U.S.-based company, you may be tempted to say, “So what?” But the GDPR’s reach is personal as opposed to geographic. In other words, the GDPR provides protections to individuals, specifically E.U. citizens, no matter where they are […]