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U.S. Department of Labor (DOL) monetary recoveries on behalf of benefit programs and participants by its Employee Benefits Security Administration (EBSA) unit totaled more than $1.6 billion for fiscal year (FY) 2018, up 45 percent from the $1.1 billion recovered in FY 2017, statistics from the department showed.
When launching an arbitration agreement, you must understand the pros and cons of requiring your employees to sign one as well as which workers should be covered and the hurdles of enforcement. Depending on the potential value of the claim to be arbitrated, the filing fee could result in a five-figure charge just to initiate […]
In December 2023, the Consumer Financial Protection Bureau (CFPB) announced plans to outline how consumer lending laws interact with earned wage access (EWA) programs. These programs have grown in popularity as a solution for employees living paycheck to paycheck, offering early access to earned wages and, in theory, helping to dodge financial penalties like late […]
At 20 percent of the population, people with disabilities are America’s largest minority group. “They carry a second distinction of being America’s most invisible population,” says Wayne McMillan, president and CEO of Bobby Dodd Institute (BDI), an Atlanta-based nonprofit providing career services and job training for the disabled. “Instead of an uproar,” he says, “their […]
With the economy back in full swing, employers are encountering more difficulty keeping quality employees on board, which is especially problematic given that it takes longer (and costs more) to replace employees today. Thankfully, there are a lot of actions that employers can take to proactively reduce turnover. One such option is to focus on […]
No matter the sector—whether it’s tech, manufacturing, or energy—industries are evolving rapidly, driven by factors like AI, globalization, and increasing regulatory demands. One key factor unites companies leading this change: the significant role leadership plays in driving and navigating these shifts. In many organizations, the C-suite has expanded to include new roles that address emerging […]
While studying accounting in undergrad at Menlo College, Lupita McLane discovered she was interested in the people aspect of organizations. “I realized that the success of any business ultimately depends on its people and their effective management,” McLane shared with HR Daily Advisor. “This realization led me to switch my major from accounting to human […]
by Dan Oswald “Culture eats strategy for breakfast.” It’s a statement attributed to Peter Drucker, the famed management guru, and a concept that many business leaders ascribe to. I like to quote it, and I want to believe it, but is it true? There are great companies that have a great culture. I like to […]
Yesterday’s Advisor covered the first four tentacles of the Social Media Octopus. Today, four more tentacles plus an introduction to the all-HR-in-one-place website, HR.BLR.com®. The eight tentacles come from a recent BLR/HRHero-sponsored webinar featuring Patricia Trainor, JD, and Stephen Bruce, PhD. Attorney Trainor is BLR’s Senior Managing Editor, HR; Bruce is editor of the HR […]
When workers voluntarily leave the company, one would assume that the employee is leaving for better opportunities. However, in a tight labor market, rehiring former employees is becoming more popular among employers. But research finds that former employees are hesitant to go back.