Global Economy, Competitiveness, Government Policy, Leadership, Human Resources, Employee Relations, Risk & Compliance, Legal, Labor & Employment Practices
Are the off-duty sexual activities of your employees part of your enterprise risk analysis? If not, they probably should be. Sex is a big business and its illicit progeny—sex slavery and human trafficking—are rapidly growing as well. One strategy to stop these atrocities is to dry up the customer base, which governments are attempting to accomplish by holding companies legally and financially accountable for employees' sexual activities.
Global Economy, Economic Environment, Labor, Leadership, Human Resources, Recruiting & Hiring, Staff Training & Development
The manufacturing “skills gap” seems to have developed a small credibility gap. The perceptions and experiences of manufacturers have been challenged by industry and academic research. What was at first a relatively straightforward discussion has become more nuanced and political.
Global Economy, Economic Environment, Labor, Leadership, Human Resources, Recruiting & Hiring, Risk & Compliance, Legal, Labor & Employment Practices
Colorado law's prohibits employers from terminating employees for engaging in lawful activities (marijuana possession and use) off the employer’s premises during nonworking hours unless the employer’s decision relates to a bona fide occupational qualification, the employee’s specific duties, or the employer’s efforts to avoid a conflict of interest. However, the Colorado law expressly states that marijuana legalization does not affect the right of employers to maintain a drug-free workplace.
Growth & Innovation, Sales, Sales Operations, Sales Process Development, Leadership, Human Resources, Compensation, Variable Compensation
U.S. companies spend an estimated $800 billion on sales compensation annually. Ideally, the underlying compensation plans are designed to encourage behaviors that support business strategy; more often than not, however, they are at least somewhat misaligned with strategy, which itself is a moving target. More than 90% of companies change their sales compensation plans annually, with major redesigns occurring every five years.
Global Economy, Economic Environment, Labor, Leadership, Human Resources, Recruiting & Hiring
After three decades of fast economic expansion, China’s labor market has gone through significant changes. While the dwindling supply of young migrant workers has been widely reported for several years, the growing skills shortage is now attracting more attention. The potential talent pool appears to be enormous and so the talent shortage challenge seems puzzling.
Finance, Tax, U.S. Tax, Federal Tax Rules & Regulations, U.S. Tax Policy, Leadership, Human Resources, Benefits, Health Benefits
Proposed rules released by the IRS explain how large employers will be assessed if they fail to provide affordable health insurance coverage to their full-time employees and dependents. Understanding the definitions for these terms is key to what the rules do. A “large employer” has more than 50 full-time employees. “Full-time employees” work at least 30 hours per week, but two employees who each work 15 hours per week equal one full-time employee for purposes of the calculation. “Affordable coverage” depends on the employee’s income and the benefits offered, which should exceed an as-yet undefined level of minimum essential coverage. And the benefits must be offered to dependents.