Corporate Affairs, Public Relations, Investor Relations, Shareholder Management, Shareholder Activism, Leadership, Board of Directors, Fiduciary Responsibilities, Functional Management, Performance Measurement, Human Resources, Compensation, Executive Compensation
Total shareholder return (TSR)—the sum of dividend yield and share price appreciation—is widely used by boards and governance committees because of rising pressure in the investment community, increased investor activism, watchdogs such as ISS, and say-on-pay practices. Many boards are tying pay to TSR without realizing that it can be misleading and opaque.
In one day, we’ll provide you with the knowledge, tools, and insights to move the needle on Employment Law ROI. The Employment Law forum is a best practice sharing deep dive session to learn the latest developments in employment law that are impacting manufacturers.
Leadership, Human Resources, Employee Relations, Employee Engagement, Recruiting & Hiring
Even though two-thirds of surveyed U.S. manufacturers have focused on recruiting and retaining women and/or minorities for a number of years, these strategies have not improved diversity in the sector.
Instead, the manufacturing sector employs fewer women than it did 20 years ago, and the number of black workers also shrank slightly during the same period. Men make up 71% of the manufacturing workforce, while their labor force participation rate is only 53%.
The United States Court of Appeals for the Eleventh Circuit issued a significant decision interpreting the Age Discrimination in Employment Act (ADEA). The court decided on an issue of first impression that job applicants may bring disparate impact claims of age discrimination under the ADEA against prospective employers whose policies and procedures lack a discriminatory intent and are purportedly neutral on their face, but nevertheless have a discriminatory effect.
Governments and employers (including Google) are experimenting with nudging people into better decisions, including those shaping productivity, health, safety, and personal finances. In some cases, employers can see benefits from actions as simple as stocking smaller plates in company cafeterias and rephrasing reminders for employee flu shot clinics.
In a decision that adopts the minority position of two courts of appeals out of a total of eight that have ruled on the issue, the Supreme Court held that ERISA health benefit plans may not seek reimbursement from third-party settlements plan participants receive when the participant has spent the funds on nontraceable items. While the case in question concerned a health benefit plan, the implications for other types of ERISA plans, including pension and disability plans, is unclear.
The Equal Employment Opportunity Commission (EEOC) is seeking public comments due April 1 on proposed changes to its EEO-1 report that would require employers with 100 or more employees to submit W-2 earnings data and actual hours worked for all employees.
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