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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 […]
In many companies, “career advancement” is a buzzword thrown around in onboarding packets, only to gather dust as employees linger where they are. The promise of upward mobility—promotions, new responsibilities, a clear path forward—often clashes with reality: opaque processes, favoritism, or a simple lack of opportunity. But fostering internal growth isn’t just a perk; it’s […]
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?
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.
Like many new grads starting out in their career, I was hungry and eager. I wanted to perform well in my new role, with the hope of reward and recognition for my hard work—the pot of gold at the end of the rainbow, if you will. But rather than that pot of gold—be it a […]
Everyone in the working world has probably heard the term “burned out.” The term is often used even in nonemployment settings, such as by students in higher education feeling burned out by intense studies. Being burned out is generally considered negative, but there isn’t really a precise definition of the term. Defining Burnout “We tend […]
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.
Daniels, Senior Consultant at Keating Advisors, LLC, offered her suggestions at a recent webinar sponsored by BLR and HR Hero. How to Conduct a Base Pay Structure Review Daniels says a well-designed and effective base pay system should be: Supported by an agreed-upon organizational compensation philosophy Supported by clear compensation administration policies Driven by up-to-date […]
There is increasing stress and pressure to perform in the modern workplace, and employee burnout is an all-too-common risk. See what one company is doing to address the problem.