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DB Plans Can Be Required to Provide COLA to Lump-sum Recipients

With lump-sum retirement distributions gaining favor among employers with defined benefit plans, sponsors should note a decision from a federal district court that supported the right of lump-sum payout recipients to receive a cost-of-living adjustment that is actuarially equivalent to the COLA paid to annuitants. In Pikas v. Williams Cos., District Judge Gregory Frizzell granted […]

Harvey Weinstein: beauty and the beastly mogul

Over the last week, the fallout from a New York Times article regarding Harvey Weinstein has been swift and significant. On October 5, the Times published an explosive story about Hollywood producer and media mogul Weinstein’s alleged sexual harassment spanning decades. More and more women have been coming forward since the story broke to accuse […]

Biden

Trump Signals Potential Place for Skilled Foreign Workers

President Donald Trump has turned much of traditional American politics on its head, and many of his policies have put some traditional Republican allies in a tough position. While these traditional allies may support some of the president’s policies, they cringe at others. Case in point: the business community.

AI

Amazon Go Stores Show Future of Automation

Fears of artificial intelligence (AI) and automation taking people’s jobs are increasingly common as new technologies emerge that seem to make many aspects of certain jobs—especially routine, low-skilled labor jobs—potentially obsolete. We’ve written a lot about how these fears are often overblown.

What Makes Workers Stay? 80% of Workers Are Actively Seeking New Jobs

Yes, you read that title correctly: 80% of workers are actively seeking a new job, which is good news for recruiters and hiring managers looking to fill vacant positions, but terrible news for employers who are looking to retain their best and brightest workers.

Download This Free Calculator and See the Cost of Turnover at Your Firm

Turnover is disruptive, but also expensive. See how much it costs with this complimentary downloadable cost calculator … and then, show your boss. Recently, Daily Advisor reported that surveys are showing employee retention as one of the top two concerns of HR professionals. (The other is regulatory compliance.) If you have been begging top management […]

Important Steps for Creating a Candidate Persona

In yesterday’s Advisor, we discussed the idea of creating candidate personas to assist in your recruiting efforts and why employers may want to do so. Today, let’s take a look at how to create a candidate persona.