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Defined benefit retirement plan

Almost a Third of Defined Benefit Plans Have 95% Funding, Making Buyouts, Risk Transfers ‘Feasible,’ Study Finds

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 […]

“READ … MY … FAX!” Well, You Can’t Do That in the Real 2015

In yesterday’s Advisor we reviewed a few HR-related moments from Back to the Future: Part II to mark the date of Emmett “Doc” Brown and Marty McFly time-traveling to 2015. Today we address the moment in the movie most relevant to human resources—Future Marty’s termination via fax—and how, unlike the DeLorean, that just wouldn’t fly […]

Infographic Uncovers What Recruiters Are Thinking

Recruiting continues to be problematic for many employers across the nation. While unemployment remains low, there continues to be a lack of qualified candidates to fill the void. Older generations are staying in the workforce as new generations enter it, and that’s creating an even bigger challenge as it leaves recruiters to figure out who […]

Growth and Impacts of AI Use in the Workplace

New tools have always had the potential for workplace disruption, and it’s often younger generations who most emphatically embrace such new technologies. Consider, for example, the email boom that took off in the 1990s. Older generations may even remember senior colleagues challenged with the emergence of email because they hadn’t learned to type in school. […]

Understanding the Cost of Hiring and Onboarding New Employees

Whether you’re filling a new position to help your company grow or replacing an employee who is leaving, you’re not just filling out a slot on an organization chart. You hope to find someone who can add to the strength and capability of your group—someone who is just right for the position you want to […]

Focus on Your Employees’ Needs Before Your Own

by Dan Oswald On Sunday, I heard someone speak about servant leadership. I was struck by how appropriate it was that he chose that topic the day before we celebrate the life of Martin Luther King, Jr. Dr. King, a man who dedicated his life to civil rights, once said, “Life’s most persistent and urgent […]

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Healthcare Trends Brought on by the Pandemic: Which Had the Greatest Impact?

As COVID cases continue to decline throughout the country, industries and businesses are assessing which practices formulated during the pandemic will continue into the future. This rings especially true for HR and talent acquisition departments and even more so for those in health care, an industry that witnessed the most turbulent year ever. As we […]

3 Innovative Approaches to Assessing Candidate Fit

In today’s job market, HR professionals know that locating the perfect candidate goes way beyond evaluating qualifications on paper. The traditional ways of doing things–a resume, a round of interviews, an offer—are still valuable. There’s nothing wrong with keeping your hiring process classic. But these steps may not always be the best way to comprehensively […]

Hints That Your Employees May Be Job Searching

In times of increased turnover, employers often wonder if they could discover which employees are about to leave and take steps to keep that from happening. While it may not always be possible to stop an employee with one foot out the door (nor would you want to in every case), there are signs that […]