Double-Digit Prescription Drug Benefit Cost Increases in 2017?
Prescription drug benefit cost trends for active populations continue to increase at double-digit rates, according to forecasts by The Segal Group, a private consulting firm.
Author: HR Daily Advisor Staff
Lack of Defensive Strategies Opens the Door for Talent Poaching, Says Survey
A quarter of U.S. businesses are experiencing a marked increase in talent raids at the C-suite level, yet most are unprepared to combat this “poaching” of their most capable people.
DOL Sues ESOP Fiduciaries for Failing to Protect Plan Assets
The U.S. Department of Labor (DOL) has filed a lawsuit against the fiduciaries of a Virginia-based employee stock ownership plan (ESOP), alleging the defendants failed to protect the assets of the plan as it purchased nearly $21 million in company shares from the president of Sentry Equipment Erectors Inc., who was also a trustee of […]
Report: Contract Workers Are More Productive than Full-Time Employees
Initial findings from the 2016 Workforce Productivity Report, released by World Market and KRC Research, reveal that less than one in three business leaders (31%) believe their company is as productive as it should be, and many are turning toward on-demand contract workers with specialized skills to boost productivity.
This is How You Stop Your Culture from Turning Toxic
by Greg Harris, president and CEO of Quantum Workplace Having a strong and positive organizational culture solves many of the problems that companies face. Everything from recruiting issues to low employee engagement can be avoided when the right culture is in place. On the flip-side, having a toxic culture can be devastating.
Infographic: One Size Does Not Fit All When It Comes to Employees’ Workplace Needs
One generation stands out as being more motivated at work by a sense of purpose, and it’s not who you might think. Surprisingly, Baby Boomers (46%) and Generation X (32%) are more motivated by having a sense of purpose at work than their younger Millennial counterparts (24%), according to the Staples Business Advantage 2016 Workplace […]
Survey: Many Companies Lack ‘Best in Class’ Leadership Development Programs
According to a recent survey—released by Harvard Business Publishing (HBP) Corporate Learning, developer of leadership development solutions for global companies and organizations—only 7% of organizations feel they have a “best in class” leadership development program.
Study Finds Fewer Women on the Path to Leadership Roles
McKinsey & Company and LeanIn.Org have released Women in the Workplace 2016, a comprehensive annual study of the state of women in corporate America. The study finds that women fall behind early and face ever-greater challenges the more senior they become. Women are less likely to receive the first critical promotion to manager—so far fewer […]
Trump Targets ACA for Repeal, but It’s Still There for Now
Repealing the Affordable Care Act (ACA), long a Republican priority, is unsurprisingly at the center of President-elect Trump’s healthcare agenda. But don’t throw out those 1095-C’s just yet.
Company Climate and Culture: What Elements Are Most Important to Jobseekers?
When differentiating one leading employer from another—outside of major factors like competitive compensation and growth opportunities—aspects surrounding company culture played a significant role in the job seeker thought process, according to respondents of a new FPC poll.