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T. Rowe Price Reports 401(K) Plan Loan Usage Drops To 9-Year Low

The use of 401(k) plan loans in 2018 fell to a 9-year low of 22.5% of participants and continued a steady 6-year decline of nearly 10 percentage points, investment management firm T. Rowe Price said on May 1, drawing on data gathered from nearly 2 million participants for its annual benchmarking report.

Leveraging LinkedIn to Grow Your Network and Influence

LinkedIn is a great social media platform for business professionals—arguably the best social media platform for business professionals. Whether using it to build a network to aid in job search or business development, to assist in professional development, to market B2B products and services, or simply to share and learn with others, LinkedIn can be […]

California Clarifies Organ, Bone Marrow Donor Law

Employers’ obligations to provide workers paid time off for organ and bone marrow donation under the state’s labor code were clarified under a bill California Gov. Jerry Brown (D) recently signed into law. Currently, any employee who uses up his or her sick leave may take a leave of absence with pay for as many […]

Mariano Rivera offers a lesson in class

by Dan Oswald Either you love the New York Yankees or you hate them. I’m a hater. I grew up hating them. They were the antithesis of my beloved Chicago Cubs. That is to say they were winners. But I didn’t hate them because they were winners—well, maybe a little. I hated them because of […]

DOL

Employers Can Expect Pro-Union Agenda Under New DOL Chief

President-elect Joe Biden’s pick for secretary of the U.S. Department of Labor (DOL) is a traditional Democrat likely to push a pro-union agenda and a leader who will be eager to put in place pandemic-related safety measures, according to attorneys who advise employers.

God Is at Work

By Patricia Trainor, JD., SPHR I recently read an article in The Atlantic, Finding Jesus at Work, by Emma Green. Green describes an increase in “chaplaincies” at the office. These workplace chaplains can advise and support employees dealing with difficult issues such as divorce, a severe illness, or social alienation.

culture

How to Build a Genuine Company Culture

The business world cherishes the idea finding solutions to problems. Leaders often believe that their businesses, like their products, will function optimally if they just ‘solve’ for the right issue. This mentality backfires when you’re dealing with culture.

productivity

Is the Modern Workplace Killing Us? (Part 2)

In yesterday’s Daily Advisor we looked at Jeffrey Pfeffer’s take on how the modern workplace is killing us. Pfeffer, professor of organizational behavior at Stanford Graduate School of Business, just released a book called Dying for a Paycheck. Today we’ll look at some things that you can do to make your particular workplace a little […]