Following a survey in which 83 percent of employers reported that the average age of their workforce increased in the past decade, the author, who has practiced labor law for three decades, offers four tips for employers who are challenged by a workforce that may include as many as four different generations of workers.
Many employers have implemented wellness programs to help contain health plan costs and decrease absenteeism. While many of these programs have existed for some time, new regulations issued by the Departments of Labor, Treasury and Health & Human Services require plan sponsors to modify wellness programs for plan years beginning on or after Jan. 1, 2014.
Amid the rapid development of more and increasingly sophisticated financial products and services, there is still a place in the market for what the author describes as traditional banks – those long-trusted institutions on which family offices and financial advisors count for straightforward deposit and loan services.
The subject of cloud computing is often clouded, so to speak, by a lot of technical terminology and marketing hype. Here, the authors explain what cloud computing is, describe the different forms in which it comes, identify how it can be useful and address the most common concerns and pitfalls of moving to the cloud.
The SEC can conduct an exam of a registered investment advisor at any time, for any reason, announced or unannounced. It can be a stressful experience for the firm, with significant time and labor costs and the potential for business disruption. However, much of that stress, disruption and expense can be mitigated if a firm is prepared for an exam.
Case management, a new concept in the addiction and behavioral health field, can significantly increase the likelihood of sustained recovery for individuals who suffer from chronic diseases such as alcoholism, drug dependence, depression and other addictive and behavioral disorders.
Supportive and knowledgeable family members can be very influential in supporting a loved one’s recovery from addiction. With the help of a trusted addiction counselor, families can become “positive enablers” by developing a long-term recovery management plan, looking for effective treatment and identifying sources of leverage for treatment compliance.
Bruce Golden of Accel Partners has been recognized as one of the top 100 venture capitalists in Forbes’ Midas List of tech investors. He also sits on the boards of several public and private companies. In a recent interview, he shared his perspective as both a board member and investor, and explained how communication and measurement are the keys to good private company governance.
As a result of the Wall Street Reform and Consumer Protection Act, the private family trust company (PFTC) has becomie a very popular vehicle to provide not only Family Office SEC exemption but also trust administration to the ultra wealthy inter-generationally and several additional tax and non-tax advantages.
This article highlights steps that should be taken to ensure the privacy of family members and family office staff who use social media tools, including warnings about posting location-based information and a review of privacy settings for social media.