Posts by sirserif

U.S. will Need more than 15 Times their Final Pay to Reach their Retirement Goals

Posted by in Compensation & Benefits | Comments Off on U.S. will Need more than 15 Times their Final Pay to Reach their Retirement Goals

It’s no surprise that the recession of 2009 adversely affected everyone’s retirement portfolio. First, with the plunge in the investment markets and second because most employers had to freeze salary and wage levels and eliminate raises, bonuses and, in many cases, matching 401(k) contributions. According to a recent Hewitt Associates study, employees in the U.S. will need more than 15 times their final pay to reach their retirement goals. The upside is that this number hasn’t increased, but still more than 80% of all workers are not likely to accumulate enough financial...

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Fortune 500 Companies and State Governments Are Leading the Way to Protect Rights of Transgender Employees

Posted by in Equal Employment Opportunity | Comments Off on Fortune 500 Companies and State Governments Are Leading the Way to Protect Rights of Transgender Employees

Various reports reveal that more than 40% of Fortune 500 companies and 12 states and the District of Columbia have responded to the call for more diversity and inclusion in the workplace by implementing policies that protect gender identity and/or gender expression. The most progressive companies aren’t waiting for federal mandates on this issue, although no legislation has been passed or signed. Those employers that are affected by existing state laws (and many that aren’t), regarding the rights of transgenders, have instituted specific policies with strong language....

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Employers Should Be Blog-Savvy to Protect Their Businesses and Reap the Benefits of the Blogging World

Posted by in Employee Management | Comments Off on Employers Should Be Blog-Savvy to Protect Their Businesses and Reap the Benefits of the Blogging World

Blogging is just one of many ways the Internet has proven its value as an important information source and communication channel. One consumer-research firm estimates that 42% of the general population has read at least one blog; and this number includes those without computers or many computer skills. Another significant finding for employers is that most bloggers are younger than 19, which means they will be bringing that experience and knowledge into the workplace. The challenge for business owners/employers is to define what is quickly becoming a fine line between how blogging can hurt...

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First-Quarter 2010 Labor Costs Report Keeps Inflation Low for Employers and Shows Some Improvements for Employees

Posted by in Management | Comments Off on First-Quarter 2010 Labor Costs Report Keeps Inflation Low for Employers and Shows Some Improvements for Employees

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Like Many Animal Species, the Recession Threatens the Extinction of Many Employee Benefits

Posted by in Compensation & Benefits | Comments Off on Like Many Animal Species, the Recession Threatens the Extinction of Many Employee Benefits

Although the recession hit the global economy very hard, the business environment survived the impact, but many employee benefits have become as endangered as pandas, cheetahs, elephants and many other living species threatened with extinction. According to various studies, U.S. employers eliminated an average of as many as five major employee benefits during 2009. You may or may not have eliminated the following benefits, but many companies have to survive until the economy becomes robust again. 1. Luxury Perks: Executives and many other employees certainly enjoyed the free limo service to...

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