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Following a flood of investment derisking activity after the 2008 global financial crisis (see related October 2017 story), defined benefit (DB) plan sponsors now face the fallout from years of rising demand for insurer buyouts of pension benefit obligations (PBOs).
Given the competitive and intense environment of attracting and retaining, the onus is on us as leaders to challenge how we can improve from here.
In the modern business world, communications technology combined with organizations that have a global presence have made remote presentations commonplace. It can be a challenge to present training materials to an audience that isn’t physically in the same room as you. Here are a few strategies for success from Brad Karsh, CEO and founder of […]
“So I want all the girls watching here, now, to know that a new day is on the horizon! And when that new day finally dawns, it will be because of a lot of magnificent women, many of whom are right here in this room tonight, and some pretty phenomenal men, fighting hard to make […]
With the growth of the gig economy, more and more employers find themselves with employees who have another job on the side. This might be a part-time job, or it might be a side gig or “side hustle” as it’s sometimes called. For example, perhaps some of your employees also drive for Uber or Lyft, […]
We’re having a devil of a time figuring out precisely how to pay our nonexempt employees when they travel. If they travel by air and stay overnight, do we start paying as soon as they leave their house for the airport? Then let’s say the plane lands at 7 p.m., they go to the hotel, […]
In today’s talent landscape, organizations can no longer afford a one-size-fits-all approach to managing people. Employees increasingly expect—and value—personalized experiences at work, from tailored career development paths to flexible work arrangements that suit their individual lifestyles and goals. For small to midsize businesses, meeting these expectations can be a challenge, but it’s also a significant […]
Imagine this: Two individuals start a job at the same time. Quickly, management recognizes one employee’s hard work and dedication and promotes her. In a short time, the employee ascending the corporate ladder becomes the superior of the employee with whom she had onboarded. The nonpromoted employee becomes jealous and resentful. To this employee, there […]
Would your employees say they are paid fairly? A perception of fair pay is imperative in employee retention. On the flip side, a perception of unfair pay can be a powerful motivator for employees to leave the company.
As the implications of using social media in the workplace continue to loom large, not surprisingly, how such use affects information-gathering in employment law cases is gaining attention. Among the questions raised: In an employment-law dispute, can an employer subpoena an employee’s Facebook account as part of its evidence gathering? Yes, but with restrictions. Employers […]