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With organizations across the country scrambling to cut costs amid economic uncertainty – from halting partnerships with third party vendors, to reducing employee headcount – the concern is palpable as employees work to determine what it all means for their financial wellbeing. In Q1 2023 alone, U.S.-based companies cut more than 270,000 jobs, a nearly […]
Payments that an employer makes to an employee under a fixed indemnity health plan must be included in the employee’s taxable income, the Internal Revenue Service (IRS) recently indicated, if the plan premiums were paid by the employer or by salary reduction under a cafeteria plan.
Prior to March 2020, remote, distributed and hybrid work were novelties reserved mostly for freelancers, consultants, independent contractors and only in specific, rare occasions for full-time employees. COVID-19 changed that, creating an environment, practically overnight, in which distributed workforces became the status quo and essential for moving business and our economy forward. Perhaps no other […]
by Nancy Williams Title VII of the Civil Rights Act of 1964 allows employers on or near an Indian reservation to give preferential treatment to Indians living in the vicinity. But the Equal Employment Opportunity Commission (EEOC) has taken the position that this provision doesn’t permit preference for members of a particular tribe. In the […]
Succession planning is vital to ensuring that key roles stay filled with qualified, talented individuals. This is especially of importance for roles deemed critical to the success of the organization. If a key role becomes vacant without a plan to fill it, this gap can negatively impact an organization’s bottom line. If this happens too […]
What a difference a few months make! Starting in early 2021 and spurred by the emergence and rapid spread of COVID-19, piled on top of long-standing grievances, the Great Resignation peaked in mid-2022. While resignations have tapered off in 2023, workers’ leverage in the employment relationship didn’t immediately follow suit. The second half of 2022 […]
Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence. —Helen Keller
It’s a simple fact that Gen Z will continue to represent an increasingly significant proportion of the workforce. They already represent roughly one quarter of workers, and that percentage will continue to grow as more Zoomers enter the workforce and more Boomers and Gen X retire. This generational shift is part of basic demographics. But […]
“Permacrisis,” Collins Dictionary’s 2022 word of the year, is defined as “an extended period of instability and insecurity” and captures what many business leaders are feeling given the still-high inflation rate, rising interest rates to combat inflation, and forecasts of a recession in 2023. And it definitely describes the current state of recruitment. So how […]
Beachboard made his remarks at SHRM’s Annual Conference and Exhibition, held recently in Chicago. He is a shareholder in the Los Angeles and Torrance, California, offices of law firm Ogletree Deakins. Urban Legend #1 Assistants and secretaries need to have BlackBerries to better support those they work for—and they understand that (and don’t expect to […]