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Defined benefit retirement plan

‘Outdated’ Mortality Tables a Growing Source of Litigation Exposure for Defined Benefit Pensions, Attorneys Warn

Recent lawsuits alleging the use of “outdated” mortality tables when calculating benefits payable in annuity distributions or at early retirement could be part of a new trend that poses a threat to defined benefit (DB) plans, according to one law firm’s employee benefits practice.

Q&A: The State of Diversity and Inclusion in 2019

Diversity and inclusion are critical to the cultural and fiscal health of any organization, and there are multiple studies that show the advantages of active diversity and inclusion practices. But how many organizations are benefiting from such advantages?

recruitment

Full-Cycle Recruitment Is the Answer to the War for Talent

Full-cycle recruiting, also known as end-to-end recruiting, is the entire talent acquisition process from start to finish. It begins when the need to fill a new role is identified and ends with onboarding the new employee.

return

Contingent Work Is a Great Way to Reenter the Workforce

Taking time off from a career can create a hurdle for the majority of employees. With 76% of U.S. workers between the ages of 24 and 38 expecting long-term career gaps, a reentry path into the workforce is needed, and contingent work may be the best bet.

Outsourcing: The Good, the Bad, the Far-Flung

Most managers won’t be able to get to the infamous 4-hour workweek, but most of them are looking to free up time, says consultant Amy Letke. And one potentially effective way to do that is to outsource some nonessential HR functions. What Is Outsourcing? Outsourcing is the contracting of an internal business process to a […]

Smart Compensation Model Design Can Nurture Innovation

Innovation drives productivity and opens up new opportunities. The most innovative companies, from Apple® to Zappos, are also the most successful. But innovation requires flexibility, a willingness to change, and a good tolerance for risk—three things that aren’t always part of compensation management.

empty office

The importance of showing up

I was watching a movie recently in which the lead character was up for a prestigious award. While she was visiting an elderly shut-in, the subject of the award came up. The shut-in confidently stated that the woman deserved to win the award. But the nominee wasn’t certain she was worthy of such recognition, so […]