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How to Reimagine Employee Retention

Employees are the secret ingredient to organizational success, yet companies are struggling to keep them. In recent years, millions of Americans have been quitting their jobs—a trend dubbed the Great Resignation. Last October alone, a grand total of 4 million Americans jumped ship. That’s nearly three percent of the overall workforce. Tech workers are even […]

The Future of Open Floor Plans: Achieving Flexibility Without Employee Backlash

Cubicles and closed-off spaces in workplaces are outdated. Today, many businesses prefer open floor plans over private work zones. While open spaces are great for collaboration, they also have some drawbacks. How can you enhance the flexibility of open floor plans, boost employee well-being, and mitigate the drawbacks? Here are some ideas to consider. The […]

Tips to Help HR Professionals Tackle Their Development Goals

Maybe you’ve just started working at a new job and already have your sights set on a promotion in the future, or perhaps you’re feeling unfulfilled in your current industry and are curious about changing fields. No matter your career objectives, you need to set clear goals in order to get to where you want […]

Defined benefit retirement plan

Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. But despite an average funded percentage of 81%, these plans still face significant pressures, with many on track to require assistance in the future […]

An Arbitration Agreement Win for California Employers

By Emily Mertes, Sedgwick LLP In a recent California Appellate Court decision, what began as an otherwise uncomplicated employment case resulted in an arbitration agreement win for employers. Read on to see how the court determined that employee acknowledgment was sufficient to enforce an arbitration agreement.

‘I quit … oh wait, I didn’t mean it!’

by Stefan Kimpton Employers don’t often enough think about the consequences of a heat-of-the-moment resignation. It is generally assumed that when an employee says “I quit” or storms out of the workplace, the employment relationship has come to an end and the employer owes no further obligations to the employee. Think again. As a recent […]

Workplace Mental Health Concerns on the Rise

Mental health concerns in the workplace continue to plague businesses of all kinds. Recent research indicates that 83% of U.S. workers suffer from some form of work-related stress; 25% say that their job is the top stressor in their lives. That stress can lead to absenteeism and relationship impacts. For instance: The top causes of […]

How to Create an Equity Structure That Balances Shareholder Returns and Employee Compensation

People are the heart of what makes a company great. And in a services firm, where people are your only product, that premise is only magnified. When people are engaged and invested in their work, cultures thrive, businesses grow, and economies prosper, but as the Great Resignation morphs into the Great Exhaustion, it can be […]