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Wells Fargo Finds More Older Workers Took 401(k) Plan Loans in 4Q
Although many 401(k) plans offer participants loans, a statistic that plan sponsors don’t want to see is the number and size of those loans increasing. But some of them are seeing just that, according to Wells Fargo. A recent study by the banking company of fourth-quarter 2012 activity at the defined contribution plans it administers […]
NLRB Member Resigns Amid Leak Allegations
The National Labor Relations Board (NLRB), which risked losing a quorum just a few months ago, is losing one of its two Republican members. Terence Flynn, who joined the NLRB in January, submitted his resignation on May 26. The resignation is to be effective July 24, but Flynn already has recused himself from all agency […]
Tame Turnover with Low-Cost Work/Life Balance Programs
In yesterday’s Advisor, we offered tips for reducing turnover and increasing productivity. Today, the rest of the story, plus good news about job descriptions. [Go here for steps 1 to 5] Step 6: Communicate with your employees Communication is critical for reducing turnover. Remember that communication needs to go both ways. You need to share […]
Hot List: Bestselling “Management and Leadership” Books on Amazon.com
Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, August 17, in the “Management and Leadership” section of the “Business and Investing” category. 1. How Did That Happen?: Holding People Accountable for Results the Positive, Principled Way by Roger Connors and […]
More Workers Are Doing Drugs. What Can You Do?
Yesterday we learned that drug use in the workplace or by workers is at a 12-year high, and we began to explore what recruiters can do with that information.
IRS Releases HIRE Act Affidavit Form
The IRS recently released Form W-11, Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit. The HIRE Act (H.R. 2847), a jobs bill President Barack Obama signed into law on March 18, 2010, provides tax breaks to employers that hire unemployed workers or individuals who were working only part-time in 2010. Under the HIRE Act, […]
Hot List: Bestselling “Management and Leadership” Books on Amazon.com
Amazon.com updates its list of the bestselling books every hour. Here is a snapshot of what is hot right now, this Monday morning, May 26, in the “Management and Leadership” section of the “Business and Investing” category. 1. Rework by Jason Fried and David Heinemeier Hansson. Fried and Hansson argue that plans are actually harmful, […]
Virginia Tech Violence: A New Wave of Concern for Employers?
By BLR Founder and CEO Bob Brady The horrific violence at Virginia Tech again raises security issues for all workplaces. BLR’s founder offers some tools to hopefully stop trouble before it strikes. We join the nation in grief over the violence and mayhem at Virginia Tech this week. As the parent of a recent college […]
Must-Know Facts about Employment Contracts in Canada
McCarthy Tetrault Q. When does an employer have an employment contract with its employees? A. Every employer in Canada has an employment contract, whether written or unwritten, with each of its nonunion employees. Sometimes, only some of the terms are in writing. When necessary, courts will imply reasonable terms in the absence of any express […]