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The Importance of Investing in Employee Development

Companies are always looking for ways to stay ahead of the competition. One strategy that has consistently proven to be effective in developing and maintaining a competitive edge is investing in employee development. But identifying a concrete ROI on employee development has long proven to be challenging for many organizations. How can learning and development […]

ERISA

For the Record, Meticulous Retention of Plan Documents Is Crucial

The Employee Retirement Income Security Act (ERISA) requires that every employer maintain sufficient records for each employee to be able to determine the benefits due to the employees now or in the future. The plan sponsor has responsibility for retaining retirement plan records even when a third-party administrator (TPA) is hired to provide recordkeeping and […]

Defined benefit retirement plan

How to Know When Your Defined Benefit Plan Is Ready to Prepare for Termination

Employer-sponsored private-sector defined benefit (DB) plans have been on the decline for many years as U.S. employers have shifted to defined contribution (DC) retirement plans. Just 17% of private-sector employees had only a DB plan or both a DB and DC plan as of March 2018, according to the Bureau of Labor Statistics (BLS). Meanwhile, […]

VBBD—A Practical Case Study Shows Benefits

In yesterday’s Advisor, consultant Carla McCormick offered tips for moving toward Value-Based Benefits Design (VBBD). Today, she offers a case study in VBBD plus we introduce a timely webinar on your 2014 Affordable Care Act obligations. McCormick, a consultant with Fallon Benefits Group in Atlanta, made her remarks at BLR’s Advanced Employment Issues Symposium, held […]

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More Ways to Screen Candidates

In yesterday’s Advisor, we noted that hiring decisions are imperfect. Despite our diligent efforts, it is quite difficult to consistently get the best candidates who stick around long term. We started to look at some ways to go beyond the standard interview process to further screen candidates in the hopes of making better hiring decisions. […]

Faces of HR: Amira Barger on Achieving a Balance of Justice in the Workplace

Here at HR Daily Advisor, we’re celebrating Black History Month. Although we prioritize these inspiring voices year-round, it’s a great time to shine a light on the achievements and contributions of black HR professionals who are making significant contributions to the industry. The guest of this edition’s Faces of HR profile is an exceptional example of just […]

How Can AI Benefit HR Management?

Artificial Intelligence (AI) is popping up frequently in HR-related literature as holding the potential to offer big benefits for many types of organizations and roles, including human resource management. A TLNT article offers four specific applications.

3 Alternatives to Quiet Cutting

There’s yet another new term for what’s happening in the workplace: “quiet cutting.” This practice sounds similar to “quiet quitting” but is very different. Where quiet quitting is employee disengagement, quiet cutting describes the practice of reassigning an employee to an undesirable role in the hopes the employee will quit. Furthermore, some businesses may choose […]

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Don’t Delay in Returning Military Servicemembers to Jobs

Congress passed the Uniformed Services Employment and Reemployment Rights Act (USERRA) to protect employees who also are past or present members of the uniformed services, such as members of the military reserves. The statute requires private employers to promptly reemploy individuals who have taken time away from their work to serve in the military.