Practical HR Tips, News & Advice. Updated Daily.
A surefire way to frustrate a manager is to provide qualified input. Qualifying input is a strategy instinctively used by many employees to avoid committing to a response as a safety measure in case they end up being wrong. However, it also makes employees seem unsure, indecisive, and even lazy.
I’ve been to a lot of baby showers lately where it seems like the parents-to-be are showered with as much advice as they are gifts. I’ve seen this as a parent myself—people like to give parenting advice. Strangers offer advice as they evaluate the contents of your shopping cart at the grocery store, at Super […]
Social media has fundamentally changed the way we communicate with one another. Platforms like LinkedIn, Facebook, Twitter, Instagram, and others have dramatically increased the reach of individuals in sharing ideas. People can quickly and easily communicate with others around the globe, even if they’ve never met before.
The U.S. Department of Labor’s (DOL) fiduciary rule was laid to rest June 21 when the U.S. Court of Appeals for the 5th Circuit issued a final mandate to vacate the regulation aimed at expanding the definition of an investment advice fiduciary.
Millennials are flooding the workplace and now make up a majority of the entire workforce. And over 60% of them want and expect mentors or are already benefiting from having one. So, you’ll want to consider implementing a viable mentorship program to attract and retain top talent in the years to come.
The future of the Department of Labor’s (DOL) fiduciary rule could land on the docket of the U.S. Supreme Court now that a federal appeals court has vacated the rule, including the expanded definition of “investment advice fiduciary” and associated exemptions.
In part one of this article, we covered the roles and responsibilities of a plan fiduciary and evaluated the new U.S. Department of Labor (DOL) fiduciary rule’s impact, even though full implementation has been delayed—extended to July 1, 2019. In this article, we’ll cover the exception to the fiduciary rule, as well as some steps […]
With the new U.S. Department of Labor (DOL) fiduciary rule in effect, and the phased implementation and extended transition period set, it is reasonable to imagine that all members of the retirement plans community have been refreshing their understanding of the fiduciary duties tied to plan administration.
The latest edition of a widely watched consulting firm survey of defined contribution (DC) retirement plan trends found that plan sponsors continue to focus intensely on fees, even though these expenses have been pressured lower in recent years by plans’ insistence and the threat of litigation.
Year-end reporting season is a chaotic time for business owners and Human Resources personnel across the country. This year brings with it just the second season of earlier deadlines for W-2 and 1099-MISC reporting, so businesses can feel overwhelmed and pressured with the need to file on time to avoid fines.