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PBGC Makes Scheduled Premium Increase for 2019, Raises Guarantee Limits 3.5% for New Year

The U.S. Pension Benefit Guaranty Corp. (PBGC) on October 19 announced that its premiums for single-employer defined benefit (DB) retirement plans will increase to $80 in 2019, from $74 in 2018. This is the last of the scheduled annual flat per-participant increases in single-employer DB plan premiums brought about by the Bipartisan Budget Act (BBA) […]

engagment

Five Drivers of Employee Engagement, and How Crowdsourced Innovation Can Help

Disengaged employees are costly. A recent Deloitte report notes that organizations spend over $100 billion annually to improve employee engagement. Despite that, 87% of employees remain disengaged and cost U.S. companies $450 billion to $550 billion per year in lost productivity, according to Gallup.

Why Good Team Management Is Important for Start-up Businesses

When we talk about start-ups and start-up culture, many imagine a collection of smart and driven individuals fulfilling business goals. What’s missing from this picture is the team management ensuring that it all runs like a smoothly oiled machine. Without good team management, the future and success of a start-up can be short-lived if no […]

A Ship with No Captain Means No Change in Course

As of press time, the U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) still doesn’t have an administrator. Cheryl Stanton, who is currently the executive director of South Carolina’s Department of Employment and Workforce, was nominated for the position in September 2017. However, the Senate returned her nomination to the president in January […]

AI

How Artificial Intelligence Can Boost Training

Artificial intelligence (AI) is often cited as a source of employment risk by those afraid of losing their jobs to emerging technologies that can render them obsolete. However, some experts suggest that AI can actually have a potential upside for employees.

criminals

The Company that Hires Ex-Convicts

Most people who have filled out job applications have at one time or another seen the question asking whether the applicant has ever been convicted of a crime. This could mean either a misdemeanor, relatively minor crimes punishable by up to a year in jail, or felonies, serious crimes that could be punished by years […]

How to Provide a Satisfying Work Experience

In a previous post, we discussed that when companies value and actively cultivate high employee morale, they tend to outperform their competition by 20%. Today, we’ll offer several tips and strategies on how to improve employee morale and candidate experience in your organization by first getting to know your candidates and employees better.

Is it Against the Law to Target Job Ads at Younger Workers?

One of the primary functions of a Human Resources department is to be aware of and ensure compliance with a wide range of laws and regulations involving workplace conduct, such as sexual harassment and various forms of discrimination.

Recruiting Workers In the Construction Industry

For decades, the prevailing wisdom in the United States was that to get a good, high-paying career, it was necessary to get a college degree. But there is a large number of well-paying jobs that don’t require a college degree, although they may require more than just a high school diploma.