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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, […]

How to Keep Hiring Safety in Mind During the Pandemic

According to the U.S. Bureau of Labor Statistics, job openings increased to a record high of 10.9 million on the last business day of this past July. With the demand for labor high and prospects lower than normal, some companies are willing to do whatever it takes to fill their open positions as quickly as […]

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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. […]

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.

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13 Characteristics of a Great Teammate

We all have worked side by side with people we have enjoyed and respected—the type of teammates who make work fun. And we all have worked with people whom, well, we didn’t enjoy or respect—the type of teammates who suck all the joy out of work for everyone around them. So, there’s obviously people who […]

Avoid These Errors in Hiring and Recruiting

Yesterday’s Advisor covered the first three critical hiring mistakes; today, more errors, plus an introduction to the all-things-HR-in-one-place website, HR.BLR.com.   Go here for mistakes 1-3 4. Making Poor Selection Decisions Especially if you have not done a good job of gathering information about candidates, it’s easy to rely on one of these misleading factors: […]

How to Turn Managers into Inclusive Leaders

Inclusion isn’t a trend that goes in and out of style. Nor is it a buzzword, a catchphrase, or something to put on your company’s Careers page to check a box. Inclusion is an important pillar of a healthy, productive company culture. Businesses that prioritize inclusivity are more likely to attract top talent, foster creativity, […]

Case Study: Unpaid Leave of Absence Can Be Appropriate ADA Accommodation

When an employee comes to you with a proposed job modification to accommodate a health condition, consider the requested accommodation. But remember: You can offer a different accommodation that addresses the employee’s health condition but doesn’t pose the operational challenges the employee’s requested accommodation would cause. That’s the route UPS took with one of its […]