Month: December 2016

Attention Employers: Millennials Are Unhappy and Plan to Quit in 6 Months

Millennials are more likely than GenXers or Boomers to quit their job in the next 6 months, and nearly one-third of them say that is exactly what they plan to do. A new survey by Clutch, a B2B ratings and reviews site, finds that Millennials more often report less job fulfillment than the generations of […]

Saving Your Sanity When You Need to Stay at a Job You Dislike

Yesterday, we discussed knowing the signs for leaving a job. But what if reality—your family’s needs, the employment market, or other factors—don’t make saying “au revoir” possible? How do you stick with a job you don’t like?

Puzder hearing set for January, Dems defend overtime rules

The Senate has scheduled a January confirmation hearing for President-elect Donald Trump’s pick for secretary of labor. Trump’s nomination of Andy Puzder, CEO of CKE Restaurants, was the death knell for the U.S. Department of Labor’s (DOL) new Fair Labor Standards Act (FLSA) overtime regulations, according to John Husband, a partner at Holland & Hart […]

retirement

IRS 2016 Required Amendments List Gives First Guidance on Changes Needed to Retain Qualification

by Jane Meacham The Internal Revenue Service (IRS), in its first “Required Amendments (RA) List” on December 13, 2016, informed individually designed employer-sponsored retirement plans about required amendments for 2016 that may be needed to reflect changes and ensure the plans keep their qualified status. In the release, IRS Notice 2016-80, the agency also said […]

Millennials

Improve Employee Retention Rates with These 7 Tips

by Miranda Nicholson, director of HR, Formstack Employee retention is not only valuable to company culture, but essential to the bottom line: turnover can cost a business as much as 150% of a position’s annual salary. The Human Resources team is essential to maintaining employee satisfaction and engagement, and their work is never finished. With […]

D.C. Approves Paid Family Leave Bill

The District of Columbia (D.C.) Council approved a bill on December 20, requiring employers to give workers 8 weeks’ paid leave for the birth, adoption, or foster placement of a child. Employers will pay for the leave through a payroll tax.

Oriole Park Concession Employees Strike Out with FLSA Claims

by Kevin C. McCormick In a recent decision, the U.S. Court of Appeals for the 2nd Circuit found that the employees who worked concessions at Oriole Park at Camden Yards were not entitled to overtime compensation under the Fair Labor Standards Act (FLSA) because a concessionaire is an “amusement or recreational establishment” exempt from the […]