Practical HR Tips, News & Advice. Updated Daily.
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.
By Bryan Van Noy Whenever your company is thinking about giving out some additional compensation, it seems so easy to go with cash. But Bryan Van Noy, a compensation expert and cofounder of Sonic Boom Wellness, says that cash compensation lacks what really matters about compensation: staying power, not to mention originality. When it comes […]
In those long-ago days before the pandemic ushered in a wave of remote work, it was the default assumption for most companies that employees would come into the physical office five days a week. They’d work their average eight to nine hours and go home at the end of the workday. Of course, plenty of […]
Question: We have an employee who is currently on FMLA leave, has a brain tumor, and has been cleared by her doctor to work part time. can we ask the employee to sign a waiver in case anything happens to her while at work?
While watching college football over the holidays, I was treated to a humorous Match.com commercial titled “A Match Made in Hell.” The short plot went like this: Satan (a highly costumed actor portraying the lord of the damned) had gone on the site and filtered out “joy, happiness, toilet paper, and reason and met his […]
Federal rules require employers to ensure that employees know what to do in an emergency such as fires, hazardous spills, power outages, and other workplace threats, including severe weather. However, your workers may be buzzing about something you may never have considered—a sharknado!
In the 12 months through July, the U.S. economy created 66.7 million hires only to be nearly matched by 64.2 million separations. Federal Reserve Chairman Jerome Powell has noted the high quit rates indicate a near full employment of the U.S. workforce. As a result, leaders today are facing competitive pressures to keep their star […]
It seems as if we get busier every day. How often do you get to the end of the day and feel like you have more left to do than when the day began?
You may remember that Jonathan Martin, a former starting offensive tackle for the Miami Dolphins, suddenly left the team during the 2013 season. He was a second-round draft pick in 2012 who played college football at Stanford. In college, he was twice selected as an All-American offensive lineman. During the 2012 season, he played at […]
Retirement plan fiduciaries have a duty to monitor investment options continuously and remove all imprudent ones, a unanimous U.S. Supreme Court (SCOTUS) recently ruled in a much-anticipated decision. In the opinion, the Court made it clear the fiduciaries can’t ignore imprudent investment options in 401(k)s or other retirement plans even if other, prudent choices are […]