Practical HR Tips, News & Advice. Updated Daily.
By Jane Meacham, retirement plans editor One of the largest multimillion-dollar settlements yet has been reached between an employer retirement plan sponsor and a class of participants over “excessive fees” paid for plan services.
Caught between the Baby Boomers and the Millennials, Generation X is fewer in numbers. They have matured beyond their slacker reputations, and many of them are dealing with young children, elderly parents, and stressful jobs.
by Dan Oswald At the end of the year, BLR’s founder, Bob Brady, will be retiring from the company he started 37 years ago. Last week we celebrated Bob’s achievements with a party attended by friends, business associates, and current and former BLR employees. It was a wonderful tribute to a man who has touched […]
I’m beginning to feel my age. Last night, a good friend celebrated a milestone birthday (I won’t say which milestone, but you can probably guess). His wife asked everyone to come in 1970s garb or as a character from the decade, so I went as J.R. Ewing. Our babysitter (born in 1995) had no idea […]
The statistics don’t lie. More people are planning to work beyond what once was a traditional retirement age. The federal Bureau of Labor Statistics (BLS) has projected that the primary working-age group—those ages 25-54—will decline from 66.9 percent of the labor force in 2010 to 63.7 percent in 2020. Workers 55 and older are projected […]
By Tammy Binford A new employee group has begun showing up vividly on employer radar screens. It’s not defined by race, religion, gender, or any of the other familiar legally protected classes. The new group commanding the attention of employers is made up of workers suffering extreme stress brought on by extreme debt. It’s always […]
If employers could consult a crystal ball to see what the workplace will be like 10, 20, or more years down the road, they might see an older workforce in their future. As many aging baby boomers decide to continue working for a few — or several — years past the traditional retirement age, employers […]
“Sea change,” “massive demographic revolution,” “boomer brain drain.” They are terms economists and sociologists use when discussing the aging of the baby boomer generation – children born between 1946 to 1964. Countless volumes have been written about what will happen as the more than 78 million boomers age and leave the workforce. Despite all the […]
By Mark I. Schickman The HR world certainly has more than its share of acronyms, having to deal with the EEOC in order to comply with the ADA. And for an employee on leave, the interplay among the FMLA, PDA, and WC are crucial. But there’s a new acronym you need to learn because it […]
The Equal Employment Opportunity Commission (EEOC) recently heard testimony on the particular effects the economic downturn has had on older workers, addressing the unfortunate possibility that the recession may be serving as a catalyst for some employers to engage in age discrimination. Recession Hits Older Workers During a mid-November EEOC meeting, several experts reported on […]