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What You Need to Know About Learning Decay in the Workplace

According to a Bridge study about knowledge retention from training, 70% of employee respondents admitted to forgetting something they had been taught during a training within 24 hours of learning it.1 And because so many organizations invest so much time and money developing their training programs, this number is quite alarming. Is there a way […]

Latest U.S. Jobs Data Shows Labor Market Remains Tight

The U.S. economy, and the labor market in particular, has vexed experts and observers for months now. Despite doomsayers predicting imminent recessions and others pointing to widespread tech layoffs as a harbinger of a more general end to the Great Resignation (and despite months of aggressive central bank interest rate hikes), recent data illustrates just […]

Finding the Right Incentives to Stimulate Action

Whether or not someone takes a particular course of action often boils down to a competition between different incentives. When a criminal considers robbing a bank, he or she must weigh the negative incentive of going to prison or getting shot in the attempt against the positive incentive of potentially coming away with a lot […]

Thanksgiving: More than a day off work for HR

As the Thanksgiving holiday nears, many are pausing to reflect on what they’re thankful for in their personal lives. But the season also can be a time for people to consider what they appreciate about their work lives.  What should human resources professionals be thankful for? For starters, innovation that has brought about an elevation […]

Co-Sourcing Strategic Compensation Management in Health Care: Immediate Solution, Long-Term Benefits

Much has been said about health care workforce shortages when it comes to physicians, nurses, and other providers. But equally important are the shortages the non-clinical and shared services staff face. Compensation leaders support the optimization of labor resources so clinicians, the organization, and its leaders can run at peak performance. In partnership with HR […]

retirement

DOL: Lifetime Income Can Be Part of Prudent QDIA

by Jane Meacham, Contributing Editor The U.S. Department of Labor (DOL), in late December 2016, issued an information letter that indicated employer plan sponsors are entitled to use lifetime income products as a part of a prudent qualified default investment alternative (QDIA), even if the products contain certain liquidity and transferability restrictions.

Remote

Critical Skills Needed to Manage a Remote Team

One major change in the workplace as a result of COVID-19 has been the rapid shift to remote work. This has created a bit of a “sink or swim” situation in which employers and employees alike had to figure out how to ensure the remote workforce remained productive and efficient while reducing virus transmission risks.

Terminating Long-Absent Employees: ‘Frustration’ Isn’t Just a Legal Term

By Gulu Punia and Kyla Stott-Jess When an employee is absent because of long-term disability, employers naturally wonder how long they must wait before the employment contract has been “frustrated.” If it has, the employment contract can be terminated. According to the recent Ontario decision of Naccarato v. Costco Wholesale Canada Ltd., however, the question […]

emotional

The Importance of Emotional Intelligence for Business Leaders

Many leaders seek ways to make their employees happier at work yet lack the emotional intelligence (EQ) to understand how to achieve this goal. While problem-solving abilities (IQ) are a vital characteristic in leaders, this EQ is just as (if not more) integral to running a thriving workplace, as this will bring back the human […]