Workforce Management

A semi-monthly professional magazine focused on human resources management, providing news, trend analysis, case studies, advice, and information about tools for HR managers..

Articles from Vol. 87, No. 14, September 8

5 Questions: 401(k)s ALONE MAY NOT ADD UP
TERESA GHILARDUCCI, author, When I'm 64As more companies put their 401(k) plans on autopilot, they may be feeling confident that their workers will be ready to retire when they want to. But Teresa Ghilarducci thinks they are wrong. In her recent book,...
Auto-Annuity Could Stretch 401(k) Savings
RETIREMENT PROPOSALWith automatic enrollment into 401(k) plans now the norm among employers, many say that defined-contribution plans are looking a lot like defined-benefit plans these days. A proposal by the Retirement Security Project could make them...
CALIF. FIRMS, BROKERS TUSSLE OVER HRAs IN CONSUMER PLANS
HEALTH COVERAGEA dispute between health insurance companies in California and brokers could end a practice favored by small employers to save money on health coverage.The feud centers on employers' funding of health reimbursement arrangements with high-deductible...
Campaigns Overlook HR Issues
SO FAR in the presidential race, the faltering economy has dominated the debate, with energy policy consuming most of the candidates' attention.Topics such as pay, leave and benefits are pocketbook issues that influence votes, but for the most part,...
CULTURE CHANGE from the outside In
TO IMPLEMENT A NEW BRAND, LEADERS NEED TO START WITH DETERMINING HOW THEY WANT THEIR BEST CUSTOMERS TO SEE THEIR ORGANIZATION.A senior executive called recently and said he wanted to change his organization's culture. When I asked what he had in mind,...
Db Plans May Be a Better Value for Employers
COST ANALYSISDespite the widespread notion that defined-benefit plans are more expensive for employers to manage than defined-contribution plans, a new report finds that might not be the case.In fact, defined-benefit plans can deliver the same benefit...
Engaging Employees in Politics
DESPITE DECLINING membership, unions continue to punch above their weight politically by getting their people to the polls.Now corporate America is fighting back. A Washington advocacy group, the Business Industry Political Action Committee, is attempting...
Exec Changes at Softscape Raise Concerns
HR SOFTWAREHR software vendor Softscape recently announced a new executive hire. But the Wayland, Massachusetts-based firm also has witnessed an exodus of key executives in recent years that raises questions about the internal health and stability of...
Filling Critical Positions through Succession Planning
PLATEAU SYSTEMSWith the first phase of baby boomers having reached retirement age, the projected decrease in senior employees is becoming a serious concern -one that will impact organizations in nearly every industry. Unfortunately, many organizations...
From CEO to Hr Minder
Kohl's decision to move its former chief exec to an HR post may reflect the rising importance of talent issues.At first blush, the move by retailer Kohl's to replace chief executive Larry Montgomery and assign him functions including HR looks odd. It...
Give 'Em a Break ... or Get Sued
EMPLOYERS ARE BEING SLAPPED WITH LAWSUITS-COSTING THEM MILLIONS OF DOLLARS IN SOME CASES-BY WORKERS WHO SAY THEY ARE BEING COMPELLED TO WORK THROUGH MEAL BREAKS. ANTIQUATED LABOR LAWS ARE TO BLAME, SOME CORPORATIONS SAY. BUT PLAINTIFF ATTORNEYS BLAME...
Hidden Passion
It almost seems as if HR is purposely making it difficult for outsiders to discover the excitement and to learn about the people who make a firm unique.WITHOUT EVEN visiting it, adults and kids alike know that Disneyland is an exciting place. That's...
If A Key Player Leaves-Are You Ready?
SUCCESSFACTORSIn today's business environment, conditions can change quickly. Key players walk, mergers occur, new projects require new talent, payroll budgets get cut-leaving talent gaps that typically require lengthy, expensive searches and high ramp-up...
Legal Briefings
GUN POSSESSION AND EMPLOYER RIGHTSON APRIL 10, Florida approved a bill that prevents employers from asking workers if they carry guns in their cars, from searching employee vehicles, from taking action against workers for possessing guns in locked vehicles,...
Market Slump Dragging More Stock Options Underwater
COMPENSATION"From a morale standpoint, and an employee retention standpoint, this has become a serious issue for many companies where options don't appear as if they'll emerge anytime soon."-Pearl Meyer, compensation consultantThe plan was simple earlier...
Ohio Employers Readying for Sick-Leave Fight
NOVEMBER VOTEAn initiative on Ohio's November 4 ballot could make the state the first to require employers to provide paid sick leave for employees.The Healthy Families Act would require employers with 25 or more employees to guarantee full-time workers...
O'neil Called Good Fit and 'Solid Thinker'
SHRM'S NEW CEOAt a moment of economic turbulence, Laurence G. O'Neil knows the industries that are at the eye of the storm-health care, financial services and energy.He has been an HR executive in each of those sectors. As the new president and CEO of...
Presidential Prescriptions
SENS. BARACK OBAMA and John McCain face a paradox in their presidential campaigns: How do you simultaneously increase the number of people who receive health insurance while lowering the health care costs that threaten to bankrupt Medicare, send jobs...
Recession Canceled
U.S. economic growth will remain positive, but inflation will wipe out wage gains in 2008 and 2009 for even the highest-performing employees.Research & analysis by Fay HansenADVANCE ESTIMATES for Q2 2008 GDP growth and forecasts for the second half...
Senate Could Act Quickly on Expanded Ada
PROTECTION FOR DISABLEDWhen Congress returns from its summer break this week, it will enter the home stretch of the legislative year.One bill that could find itself on the Senate fast track would expand protection against workplace discrimination for...
Show Them the Money: Succession Planning ROI
SUMTOTAL SYSTEMSThis paper will help you hammer out dollar figures and gain new insight into how your organization is dealing with employee turnover. As a result, you'll be better equipped to construct a business case for career and succession planning-one...
Solve the Succession Crisis: Grow Inside-Outsiders
SAPWhen the time comes for a company to bring in a new CEO, should the candidates be knowledgeable insiders or reformist outsiders? According to a recent study, most companies hire outsiders with plans for sweeping change. Insiders, however, often have...
Spirit-Ed Workplace
"The 'faith-friendly' movement in many companies has had numerous benefits. People feel more appreciated when they are welcome to bring their whole selves to work."FEEDBACK | from our readersIn a recent posting at his Business of Management blog (workforce.com/wpmu/bizmgmt),...
Study: Recovery Has Bypassed U.S. Workers
TOUGH TIMESIn the wake of the Labor Day holiday, a portrait is emerging of American workers struggling amid hard times and having to fend for themselves.A new study from the liberal-leaning Economic Policy Institute examines the recession-recovery cycle...
Succession Planning: Four Imperatives for Success
ASSESS SYSTEMS-A BIGBY HAVIS COMPANYThe basic concept of succession planning is nothing new. Throughout history, every organization in the world has engaged in some type of planning for future talent needs, either actively or passively. Every entity...
Succession Planning through the Ages
In the Middle Ages, succession was the ceremonial transfer of land and authority to an heir. In the Industrial Age, succession often played out in smoky back rooms. And in the Information Age, succession was primarily focused on a predictable leadership...
Survey: Firms Offer Workers Little Help with High Gas Prices
COMMUTINGWorkers across the country continue to pay the sky-high gas costs of driving to and from work, but they're cutting back in other areas.Meanwhile, employers are doing little, if anything, to help employees cope with the budget-busting fill-ups...
Ten Key Steps to Effective Succession Planning
HALOGEN SOFTWARE INC.Today, two forces are driving the need for succession planning: the aging workforce and a shortfall of skills.According to U.S. labor economist Douglas Braddock, from 1998-2008, "more job openings are expected to result from replacement...
Toyota Plants Idling, but Workers Aren't
NO LAYOFFSThey will relearn how to pick up screws. They will study safety practices. They will take classes on workplace diversity and ethics, study corporate history, clean up the mess of urban vandals and probably even plant flowers.But one thing Toyota's...