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Arbitration is a creature of agreement, and no right or obligation to arbitrate exists without a mutual agreement. Is an electronic acknowledgement on an employer’s web platform enough to prove the agreement?
The future of work has much to do with Gen Z as the generation will comprise about 27 percent of the workforce by 2025. Despite knowing the vital role this generation will play in the years to come, many HR leaders and organizations are unsure about how to recruit and retain Gen Z workers. So, […]
“The truth is that as much as a company is only glancing at a job applicant’s resume for 6 seconds, candidates are doing just about the same thing with job descriptions. If you are not attracting them at that first or second sentence, you’ve lost them,” explains Elena Valentine, CEO of Skill Scout Inc., and […]
The unemployment rate in the United States has been maintaining historic lows over the past several months. The unemployment rate recently dipped below 4%, the lowest rate since 2000. That’s good news for the economy and great news for jobseekers and employees.
Viewed as a risk mitigation tool, arbitration clauses are included in employment contracts and policies to route employer/employee disputes to a private forum and outside of the courthouse. Employers are attracted to such clauses because they are believed to be cost-effective and a confidential resolution of claims. As part of the #MeToo movement, however, such […]
I am currently bingeing my way through HBO’s Silicon Valley after not having watched the show for several years (I’ve always found it entertaining enough, but life, you know?). The series chronicles the experiences of a small group of California techies who found a start-up company called Pied Piper.
With the current focus in the retirement plans community on missing and unresponsive 401(k) plan participants, practitioners have sought additional guidance from the U.S. Department of Labor (DOL) to clarify the meaning of a “reasonable search” for participants by an ongoing plan (see August column). As the community waits, plan fiduciaries are reviewing their current […]
The U.S. Department of Labor (DOL) on February 9 filed a notice delaying the April 10 applicability date of its rule broadening the definition of a fiduciary. The move was expected after President Donald Trump on February 3 signed a memorandum requesting the agency to postpone and re-examine the rule on investment advice.
The financial well-being of U.S. employees reversed direction this year following several years of steady improvement, according to a new survey by Willis Towers Watson, a global advisory, broking, and solutions company. The biennial survey also revealed a large increase in the number of employees who say their financial woes are negatively affecting their lives […]
Until relatively recently, companies that focused meaningfully on their employees’ mental health were few and far between. Employees who struggled with depression, anxiety, substance abuse, or other mental health issues were largely expected to manage those issues outside of work or face the possibility of being seen as not “cut out” for the job.