News & Insights
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By Yuri Kruman September 1, 2020
If you think human resources (HR) is your highest sunk cost, you're right. If you think HR is your biggest profit driver, you're also right. What gives?
You get out of HR what you put into it. And it isn't just about budgets and staffing and benefits, either (i.e., sunk costs).
By Roy Maurer September 16, 2020
Recent research shows that the skepticism many companies had about working from home may be eroding. Ninety-four percent of 800 employers surveyed by Mercer, an HR and workplace benefits consulting firm, said that productivity was the same as or higher than it was before the pandemic, even with their employees working remotely.
“Once we go back to normal…” has become the catchphrase of the day at the virtual watercooler. But instead of waiting for some imaginary day in which we no longer have to work remotely, business leaders and managers should be thinking about how to embrace the remote work paradigm shift for the long haul. Like it or not, it’s here to stay. And if you’re not prepared to adapt your long-term work practices, you’ll regret it when you discover that your competitors are.
People analytics and data science in general can be a bit confusing if you’ve not dedicated a good amount of study to it. Part of figuring anything complex out is surrounding yourself with people who can help you understand it better, but short of having a data science expert on hand, HR professionals will have to turn to analytics SMEs on social media for advice and a steady stream of relevant people analytics commentary.
A federal court in New York recently struck down four federal Department of Labor (DOL) rules related to the leaves provided by the Families First Coronavirus Response Act (FFCRA). As a result, certain aspects of the FFCRA are now more favorable to employees. Unfortunately, it’s not clear if the ruling applies nationwide or only in the Southern District of New York, where that court is located. Until there is further activity in the case—which may clarify whether the rules remain intact throughout the rest of the country—we recommend that employers err on the side of caution when administering FFCRA leaves and assume these particular rules no longer apply.
- How to consult your Live Team of HR Experts
- Coronavirus (COVID-19) resources (sample communications, training courses, webinars, etc.)
- How to easily create your Employee Handbook that's never out-of-date
- How to assign training to your employees from a catalog of hundreds of interactive courses
- How to navigate a multitude of resources in your Comply database
- Plus much more!
July 23rd Insurance Trends will feature guest speakers Barb Gavitt and John Meurs from A.D.Banker as we discuss the introduction of remote testing for those seeking their insurance license. We will be updating everyone on which states so far are enacting the Annuity Best Interest producer training requirements and what options will be available to fulfill that training.
Having just finished a couple exciting days in Washington D.C. at the National Association of Health Underwriters (NAHU) Capitol Conference, I could not help but share my thoughts about what exciting time this is regarding all of our futures.