Practical HR Tips, News & Advice. Updated Daily.
by Todd Castleton of Proskauer Rose LLP When retirement plan sponsors adopt a “safe harbor” 401(k) plan design, they are deemed to be compliant with the actual deferral percentage (ADP) and actual contribution percentage (ACP) nondiscrimination testing provisions of the Internal Revenue Code (IRS)—the federal tax Code.
Scrambling to fill a critical position (especially in a highly competitive market) can result in hiring the wrong person for the job—causing your organization’s costs to surge. The alternative? Look within your own organization for the perfect candidate. Internal hiring is a strong complementary strategy to external recruitment, and it’s how you’re going to quickly fill those critical, yet vacant, roles in your organization.
With Gen Z, born from the late 1990s to the early 2010s, poised to overtake Baby Boomers in the full-time workforce by the end of 2024, employers stand at a significant crossroads. As Gen Z surpasses Baby Boomers in representation, their vocal and values-driven nature is set to transform workplace norms. While Gen Zers bring […]
As Microsoft is washing its hands of a controversial employee performance appraisal practice, Yahoo is reportedly adopting it. Stack ranking systems—also known as forced ranking or forced distribution—require managers to rank their employees from best to worst, apply the rankings to a bell curve and use the results to determine pay as well as who […]
by Richard Berger, Cammack LaRhette Consulting It seems as if everybody is freezing their pension plans. If your defined benefit (DB) plan is desirable, how can you make it manageable for the long haul and avoid a freeze? What Has Driven Employers to Freeze? Employers have been freezing their pension plans for two main reasons, […]
Tomorrow, September 4, is Global Talent Acquisition Day. Which made us wonder: what are you doing to honor your talent acquisition professionals?
by David McDonald When an employee announces that he or she is resigning in order to go work for a competitor, it is only natural for an employer to become anxious—particularly when the departing employee has access to the business’s confidential information. Complicating matters further is the technological ease with which an employee can wrongfully […]
Winter can bring with it a host of safety-related issues that need to be addressed in the workplace. Here are some of the costs and consequences of winter-related accidents in the workplace—and also a few easy steps you can take to avoid these winter woes at work.
While we’re clearly not post-coronavirus yet, employers are currently trying to figure out how to create a recruiting pipeline during these times of uncertainty. For any employer currently hiring, there have been a lot of ups and downs recently, and recruiting—despite high levels of unemployment, which typically bring more interest in any job post—has been […]
by Boyd Byers and Lindsey Smith Significant revisions to the Kansas Wage Payment Act (KWPA) go into effect July 1, changes that give employers more latitude to make payroll deductions to recoup overpayments, loans, and property provided to employees. Under old law, employers could withhold wages only in limited circumstances, such as (1) when specifically […]