Practical HR Tips, News & Advice. Updated Daily.
Businesses form partnerships for a variety of reasons. Sometimes, developing capabilities internally doesn’t make sense in the long run for the short-term needs of a particular opportunity, and sometimes, the needs are immediate, making developing those capabilities impractical.
The Internal Revenue Service (IRS) issued guidance recently on how to change interest crediting rates in a cash balance (CB) plan. The Issue Snapshot posted on the IRS website on May 31 analyzes some of the implications of amending a CB plan to actually or potentially decrease the interest crediting rate.
By the way, the amount of attorneys’ fees in the headline is not the amount the employer paid its lawyers. Oh, no—that’s the amount it had to pay the employee’s lawyers for suing to recover the $608 in unpaid overtime. To make the disparity even stranger, the employee lost two of his three claims at […]
Social media is ubiquitous. With our use of social media at an all-time high, employers must take extra care to protect company information. In a world in which employees are live streaming their “everything” on social media, employers must determine whether to monitor employee social media accounts. And it’s not uncommon for employers to do […]
Litigation—the process of resolving disputes in the judicial system—can be extremely costly and time-consuming. Even large companies often get financially strained during drawn-out court battles, which can take years to resolve and bring much unwanted publicity.
It’s rare for a company to find the “perfect” fit for an open position. Even employees with excellent education and experience might not be experts in the industry, lack alignment with the company’s core values and mission, or have underdeveloped soft skills. Now imagine these potential gaps spreading through the entire organization.
A company’s “culture” is a complex concept. Company culture is undeniably important to any business, but it’s difficult to come up with a concise definition. It’s even harder to effectively and consciously steer that culture in one direction or another, especially during a pandemic. Defining Company Culture Indeed provides the following definition of company, or […]
A decade ago, behavioral science was a niche field of study consigned to science journals and academic papers. Now, there are over 300 behavioral companies working with governments and industries across the globe. Even the proponents of the theory did not dare to imagine such an impactful ascendency.
Terminations, and “requests” for resignation are delicate moments for all HR managers. Expert Paul Falcone offers advice about how to handle these tricky questions, and we introduce an all-answers-in-one-place HR website. Falcone, a prolific writer on HR topics and a popular speaker, is VP, Employee Relations, at Time Warner Cable in Los Angeles. He is […]
Before Amy Hull, M. Ed., became the first Director and Head of Diversity, Equity, and Inclusion at Paycor Inc., she had a 17-year career in education as a teacher and administrator. Hull says her work is grounded in her upbringing as well as her professional experience. “I was raised by two Black parents 20 years […]