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Approximately 30% of U.S. defined benefit (DB) pension plans currently have a funded status of 95% or higher, making a full buyout or significant risk transfer transaction a “feasible option” for a growing number of plans since the start of the year, according to a recent analysis by RiskFirst, a financial technology company that works […]
Employee reluctance to return to the office isn’t simply coming from a desire to avoid long commutes or do their laundry in the middle of the day. Apparently, the in-office experience is quite problematic, according to a recent survey conducted by Appspace of 800 employees and 100 IT managers from various U.S. organizations with over […]
If you’ve ever watched Succession, you know that the show is a fierce exploration of power, influence, and legacy, with each member of the Roy family vying to be the voice and changemaker of their family-owned company. At its core, Succession is not just about business; it’s about who gets to speak, who gets to […]
Ever wonder how much employees trust their employers? Ever wonder if trust is even important? A new study from the American Psychological Association (APA) shows reason to worry about the level of trust workers have in their employers. As to the question of whether it’s important that workers trust their employers, the researchers say a […]
by Joe Godwin In 2013, the Equal Employment Opportunity Commission (EEOC) investigated 93,727 charges of discrimination, which resulted in penalties totaling $372.1 million. Retaliation claims accounted for 41 percent of all the charges. The most frequent bases of claims across all statutes are related to discharge and discipline. Therefore, employers have opportunities to reduce the […]
LITIGATION VALUE: $0.00 – $1,000,000+ (depending on how bad the car accident caused by a drunk Dunder Mifflin employee is) Having an open bar at an employee party with no way to limit alcohol consumption is not a great idea. Hosting a “booze cruize” on the Lake Wollenpaupack Princess in January with no way to […]
The Strengthening Financial Security Through Short-Term Savings Accounts Act of 2018 is a bill introduced in the Senate in July 2018 (S. 3218). It proposes, in short, to “allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies.”[i] This bill has only been introduced; it has been referred to committee, and […]
Do you think video games are effective only for the influx of Millennial males in the workplace? If so, think again. According to research by Entertainment Software Association, 29% of gamers are over the age of 50, and the average gamer is 37 years of age. In addition, women make up 41% of gamers in […]
by Barbara A. McIsaac, Helen Gray, and Daniel Pugen McCarthy Tetrault An employee’s expectation of privacy in the workplace is a big issue these days, especially with respect to the use of company computers. Employers are often faced with questions like these: Is an employee entitled to privacy over e-mail and other data created and […]
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