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Defined benefit retirement plan

Multiemployer Pension Plan Funding Nears Peak Since 2008 Crash, Study Says

Multiemployer retirement plans’ funding in the first half of 2017 neared its best position since the market collapse of 2008, according to a new study by the actuarial consulting firm Milliman. But despite an average funded percentage of 81%, these plans still face significant pressures, with many on track to require assistance in the future […]

HRCI to Expand Exam Locations, Accessibility

HR Certification Institute® (HRCI®) exams will soon be made available to more locations worldwide. The HR certification organization announced a partnership with computer-based testing provide Pearson VUE, in which HRCI will utilize Pearson VUE’s network of 5,000 test centers to deliver exams for its suite of certification exams.

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3 Critical Challenges to Address in Every Employee Burnout Prevention Strategy

Sponsored by - Kronos

Employee burnout. Everyone’s heard of it and most of us have probably complained about feeling burnt out at one point or another. How can we not? For many, the pressure to succeed at work has never been higher. This is true for both hourly and salaried employees, as the opportunity to unplug has become increasingly […]

wage

Wage and Hour: Is It Legal to Suspend an Employee Without Pay as a Form of Discipline?

QUESTION: My company often sends employees home without pay for various offenses, such as egregious dress code violations, insubordination, and slacking off. Sometimes, the employee is told to return the next day, and sometimes the suspension runs for a few days or more while we investigate. I wouldn’t want anyone to know I’m asking, but […]

6 Steps to Conflict Resolution in the Workplace

Conflict resolution in the workplace can be broken down into steps to simplify the process. By doing so, HR and managers can ensure more effective communication and a more effective conflict resolution process. Here are six steps to the conflict resolution process: Clarify what the disagreement is. Clarifying involves getting to the heart of the […]

5 Critical Components Every Job Description Must Contain

In a previous Advisor, we featured the California Employment Law Letter’s take on the importance of a good job description. Today, we look at the key components every job description must contain. The California Employment Law Letter (CELL) is written by Mark I. Schickman, and Cathleen S. Yonahara, both attorneys at the law firm of […]