Practical HR Tips, News & Advice. Updated Daily.
If your retirement plan committee is satisfied with the automatic enrollment policy in place but has expressed concerns about the rising cost of the employer match that a growing participant base can bring, new research may provide a window into how other employer plan sponsors are handling this dilemma. Automatically enrolling employees in company retirement […]
By Wendi Watts You probably know what your profiles on Facebook and LinkedIn look like. But do you know what your organization’s profile on the U.S. Department of Labor’s (DOL) new online database looks like? Attorney David Fortney recommends every employer check theirs out. On the database’s home page, the DOL states that the site […]
The first of what is expected to be a series of interest rate increases by the U.S. Federal Reserve on Dec. 16 should start to help defined benefit retirement plans recover from years of underfunding, Moody’s Investor Service said in a report Dec. 14. Pension funding levels for about 670 rated U.S. non-financial corporate pension […]
It’s time to post your Occupational Safety and Health Administration (OSHA) Form 300A, the summary of job-related injuries and illnesses that occurred last year. Unless you have 10 or fewer employees or fall within one of the industries normally excused from the Occupational Safety and Health Act’s (OSH Act) recordkeeping and posting requirements, you’re required […]
Each employee will have very specific training requirements, so businesses must consider the diversity of their staff to maximize the benefits of any online training. Therefore, it makes sense to create a training strategy that provides variety and options that will develop the key characteristics of those employees as needed. No one learner is the […]
Job site Glassdoor has announced the winners of its 10th annual Employees’ Choice Awards, honoring the Best Places to Work in 2018 across North America and parts of Europe. Unlike other workplace awards, these are based on the input of employees who have voluntarily provided anonymous feedback, by completing a company review about their job, […]
Thousands of 401(k) plans failed their recent IRS nondiscrimination testing and had to return excess contributions to highly compensated employees because of imbalanced retirement plan coverage, according to research by a 401(k) advisory firm. Almost 60,000, or about 12 percent, of plans reviewed were forced to make “corrective distributions” to HCEs in 2012, the latest […]
Recently, I was intrigued by a Wall Street Journal article — “A Four-Letter Word Schools Won’t Use.” It said that colleges absolutely refuse to use the “F” word. Yes, it’s true. Schools avoid using the word “FIRE” at all costs. According to the article, the writer analyzed 50 recent news releases announcing coaching changes in […]
By Lisa Copeland, The Culture Works Within the next 10 years, it is estimated that 75% of the workforce will be made up of Millennials (people now in their 20s and 30s.) Companies are actively trying to recruit candidates from this generation, but a surprising trend has emerged that is making it difficult to retain […]