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CEO Succession Planning

Succession planning is an essential part of any corporation’s operations, and the role of CEO is integral to succession planning success. However, as Elena Lytkina Botelho, Shoma Chatterjee Hayden, and BJ Wright point out in an article for Harvard Business Review, many companies fail to properly plan for their CEOs’ succession. This can have serious […]

Fiduciary Liability Can’t Be Erased in Personal Bankruptcy, Court Finds

A recent Illinois federal bankruptcy court ruling is an important reminder to ERISA plan fiduciaries that violations of fiduciary duties under ERISA can result in personal liability from which Chapter 7 bankruptcy proceedings cannot protect the fiduciary. The case is In re John Dombek III, No. 11-40894 (Bankr. N.D. Ill. Oct. 16, 2012); In re John […]

Making Return-to-Work Work for You

Spend a few hours in front of the TV on a weekday, and you’ll get an eyeful of what injured workers see every day—ads for lawyers promising large settlements for their injuries. But experts recommend getting employees off the couch and back on the job as soon as possible. Today we’ll look at the benefits […]

Bad Hires: Learn from Your Mistakes

Yesterday we looked at Monster’s Small Business, Big Hire survey, which discusses how businesses handle bad hires. Today, more from that survey, plus some tips to avoid bad hires in the first place.

Best Practices in Training: It’s Personal

Training has been a priority for McCarthy Building Companies, Inc., throughout its 150-year history. In fact, the commercial construction company states on its website that “learning is at the core of everything we do.” McCarthy was recently recognized for its training efforts as a Training magazine Top 125 Best Practice Award recipient for the fourth […]

Census Bureau’s First-Ever Report on Education/Training Credits

The Census Bureau has reported that in fall 2012, more than 50 million U.S. adults, or one in four, had obtained a professional certification, license, or educational certificate apart from a postsecondary degree awarded by colleges and universities. Among the adults included in the report, 12 million had both a professional certification or license and […]

The price of leadership

As I write this, it’s Super Bowl Sunday, and tens of millions of viewers will be tuning in to watch the big game tonight. In fact, I heard this morning that 177 million people watched last year’s game. For most of us, our team’s season is over. With 32 teams in the NFL, there’s only […]

What Applicants Know that You Might Not

New research supports what many recruiters are already concerned about: a lack of qualified talent for job vacancies. Today, we’ll look at that research.