While major cyber incidents and data breaches at large corporations capture global headlines, middle market companies are starting to recognize that they are often the prime target for cybercriminals. With generally limited resources, middle market organizations must place a premium on awareness and benchmarking to help mitigate the threat of cyber...
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In the course of administering an employee benefit plan, many decisions must be made. Whether those decisions are being made by an individual or a committee, the process for making the decision must be prudent. Importantly, if the decision later is challenged by a participant by making an ERISA claim in federal court, how can the person or committe...
Choosing a technology platform is a time-consuming process leading to a critical decision. You need to be confident that the platform supports your multi-year benefits strategy, and that the HR technology vendor you select will meet your needs today—and in the future. When it comes to choosing the right vendor and solution, it is crucial to a...
More organizations are rethinking their existing wellness programs to create a true culture of health that supports employees’ personal health goals while improving the performance of the organization. Learn how a Health and Performance Program can provide personalized support, tools, and incentives to help individuals make important lifestyl...
Businesses are more likely to face an employment practices liability (EPL) claim than one related to general liability or property loss. Litigating a single EPL lawsuit typically costs between $200,000 and $300,000. But there are six strategies you can take to reduce the risk and cost of EPL claims.
Defending an employment practices liability (EPL) claim can easily take a year’s time, consume large amounts of money and resources, and distract from normal business operations. But these business claims are prevalent, even for employers who are dedicated to healthy and helpful employee relations. The fact is your business is three times mor...
40% of small businesses close their doors following a disaster and never reopen. Natural and manmade disasters can stop your business operations in a flash. It’s best not to leave your organization in a state of emergency. Preparation means making sure you’re covered when the unexpected arises. See how a business interruption policy cov...
Every public, private, or nonprofit organization needs to be protected from within with Director and Officers (D&O) liability. If a claim is brought as a result of a corporate decision you make, your D&O policy will kick in. Without one, you lose the business and your personal assets. Understand how D&O works on your behalf and ways you...
For the first time, more than half of the CEOs surveyed believe the rate of global GDP growth will decline. This caution has translated into CEO’s low confidence in their own organization’s outlook. While this subdued outlook may cause concern, it is also not surprising. Shifting headlines around trade conflicts, climate change, politic...
Successful owners who choose to sell their business have many things to think about before beginning the process. Owners who are new to the process should consider not only the financial ramifications of selling their business but also how it can affect their life after the sale has finished. To make the selling of a profitable business much smooth...
It is often heard that 'good talent' is hard to find. But what constitutes a good talent? And where are companies going to find the talent they need when the gap between worker supply and demand continues to widen? This podcast with John Hilton, news editor of HRD magazine, Andrew Lafontaine, and Felicity O'Shannassy, organizational str...
There is a yawning gender gap in Corporate America. Studies show that companies with disproportionately low numbers of women in leadership do not perform as well as those with a more balanced gender ratio. For years, boards have vowed to change that formula, yet still it remains. To help spur changes, the Women CEOs Speak project was initiated and ...
On September 11, 2019, the California Senate passed Assembly Bill 5, which California Governor Gavin Newsom is expected to sign. The law will have major implications on the so-called “gig economy” workers, potentially leading to many being reclassified as employees rather than independent contractors. This article addresses questions bu...
Illinois Governor J.B. Pritzker signed into law several amendments to the Illinois Equal Pay Act that are certain to have wide-ranging impacts. Most significantly, Illinois will join the growing number of states that prohibit employers from asking about or considering a job applicant’s prior salary history when making hiring decisions. The am...
Every year, shareholders vote to appoint or reappoint boards to act on their behalf to ensure the company maximizes shareholder value. And enlightened boards are not waiting for activists but instead are pushing the “reset” button and reflecting on questions like “What are the characteristics of a high-performing board”? and...