Practical HR Tips, News & Advice. Updated Daily.
Lump-sum windows that offer defined benefit (DB) retirement plan participants a chance to convert their vested accrued monthly benefit into a one-time lump-sum cashout have gained popularity as a way for pensions to “derisk” their balance sheets and lower their headcount for U.S. Pension Benefit Guaranty Corporation (PBGC) premiums.
In California, PTO is legally the same as vacation. An employee may use the time for any reason she or he likes, subject to notice and scheduling requirements. PTO, like vacation pay, also "vests" as it is earned/accrued over time and must be cashed out at termination.
It’s easy to look at the widespread and COVID-driven shift to remote work and the subsequent, post-COVID return-to-office (RTO) efforts by employers as a battle with clear divisions among key stakeholders. Employers want the perceived boost in productivity and greater collaboration that comes with on-site work. Employees want the flexibility and freedom that comes with […]
Advanced technology can often be associated with changing times and evolving industries. As the pandemic intensified organizations’ reliance on technology, with Zoom meetings replacing meetings in the boardroom, virtual gatherings replacing in-person events, and other technological transformations, companies are on the path toward becoming unrecognizable from years prior. With topics now being welcomed in the […]
Companies hoping to hire the best and brightest workers often, understandably, place a lot of focus on applicants. What are their motivations? What are applicants facing in the job market? And so on. But it’s also important for employers to think about their existing staff within the recruitment function. What challenges are they facing? How […]
by Jessica A.H. Howell The Equal Employment Opportunity Commission (EEOC) is a federal agency that administers and enforces civil rights laws when individuals claim workplace discrimination. Recently, the EEOC filed suit against a cosmetics company for implementing and administering parental leave benefits in a discriminatory manner based on sex. The lawsuit is the first of […]
Benefits and compensation have always been a hot topic in the world of human resources, and they’re continuing to gain heat as we move toward a New Year. One benefit that’s become popular over the last few years is caregiving support. In fact, according to experts, 84% of employee caregivers said they’d like their employer […]
UPDATED: an agreement between the U.S. women’s national hockey team and USA Hockey has been reached. Citing pay and benefits concerns, members of the U.S. women’s national hockey team have threatened to boycott the sport’s world championship this year. The tournament starts this Friday (March 31) and is being hosted by the United States.
Special from HR Tech Las VegasIn yesterday’s Advisor, consultant Andrew McAfee offered his thoughts on the rapidly developing world of technology. Today, his take on the role of geeks and HIPPOs.
In Friday’s Advisor, we were discussing the employee value proposition (EVP), which is the set of things that employees value that are received as part of working there. It’s essentially the reasons employees should work for you rather than the competition. Every organization has an EVP, but not every organization takes steps to manage it.