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360 Reviews: My Medicine for Self-Delusion

By BLR Founder and CEO Bob Brady Just My E-Pinion In today’s E-pinion, BLR founder and CEO Bob Brady admits to some humbling moments after receiving 360-degree review results, but recommends using the technique for all managers, especially for CEOs who may be more susceptible than most to self-delusion. Years ago, when BLR was first […]

Hot List: New York Times Bestselling Paperback Business Books

The following is a list of the bestselling paperback business books as ranked by the New York Times on April 27. 1. Suze Orman’s 2009 Action Plan by Suze Orman. Managing your money in hard times. 2. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. How and why certain […]

Medical C-Suite Compensation on the Rise

A new survey that reveals that compensation in the medical C-Suite rose steadily throughout 2015, also found the compensation increases may be attributed to greater demand and expanding responsibilities for these roles within healthcare organizations.

Worst Form of Plan ‘Leakage’ Pinpointed

Which is worst for a participant’s 401(k) savings: (a) plan loan defaults; (b) hardship withdrawals; or (c) cashouts upon job change? It turns out to be (c), especially for young employees and about one-fifth of those in the lowest income quartile, the Employee Benefit Research Institute concluded in a new analysis. The effect from the […]

Preventing Equal Pay Problems—Part 1: Why Employee Fired After Salary Complaint Won Over $1 Million

Most employers are familiar with the basic concept of equal pay for equal work. But it’s critical to understand the details of the rules because you can be liable for hefty damages and penalties if you make a mistake. In Part 1 of our series on preventing equal pay problems, we’ll explain what your obligations […]

My wife made me do it

by Mark I. Schickman People often complain that California employment law is bizarre. My colleagues around the country call our judges “fruits and nuts.” To the contrary, however, while our legislature is farther left than most states’ legislatures and our juries are more profligate than most, our appellate courts are relatively centrist. The award for […]

Plan Sponsors Must Require More from Managed Account Providers, GAO

More needs to be known about managed account services for retirement plan participants and the role employer plan sponsors play in offering them, according to a report released on July 29 by the U.S. Government Accountability Office. Because these services differ from investment options provided within 401(k) plans, yet can serve as a qualified default […]

Keep Long-Term Goals in Mind While Cuting Staff, Budget

Talent Management We’ve talked a lot about job loss. With U.S. companies slashing nearly 600,000 jobs in January, it has been top of mind for most of us.  Here’s the upside in what is an otherwise very dismal situation.  Layoffs can give a company the opportunity to cull its lowest performers, resulting in a leaner, […]

The ACA After Five Years: Disasters Did Not Materialize, But More Change Is Needed

Five years ago, in March 2010, the Affordable Care Act was signed into law by President Obama to resolve problems in the U.S. health system, including: the high number of uninsured Americans; Americans unable to get coverage due to pre-existing conditions; the high cost of care; and suboptimal care as a result of poor incentives […]