‘Significant benefits’ gained from state-run retirement savings programs: study
By
Kathleen Steele Gaivin
Jun 07, 2024
A state-run retirement savings program can provide “significant benefits” for workers whose employers don’t offer plans, according to a study of a model in Oregon recently published in Contemporary...
New York first state to require employers to offer paid prenatal leave
By
Kathleen Steele Gaivin
Apr 24, 2024
New York is set to become the first state to require employers to provide 20 hours of additional paid time off for pregnant workers for pregnancy-related medical care without requiring workers to tap into...
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Supreme Court case appears favorable toward employer in unionization dispute
By
Kathleen Steele Gaivin
Apr 25, 2024
The Supreme Court appeared Tuesday to be leaning in favor of coffee chain Starbucks in a union-related lawsuit against the National Labor Relations Board that could affect all types of business owners.
68 percent of pre-retirees say they will not be able to retire as planned at 65: survey
By
Kathleen Steele Gaivin
Apr 16, 2024
Sixty-eight percent of workers aged 55 to 65 years participating in a new survey said they are facing the reality that retiring fully or comfortably at 65 is more or less a pipe dream, with 41% planning...
Latino workers underrepresented in healthcare: analysis
By
Kathleen Steele Gaivin
Jul 06, 2023
Latinos represented approximately 18% of the working-age population in 2020, yet their representation in the healthcare workforce was much lower, according to a new analysis published Wednesday in the...
Retirement outlook ‘dismal’ for Gen X: report
By
Kathleen Steele Gaivin
Jul 13, 2023
Members of Generation X — those born between 1965 and 1980 — have a “dismal retirement outlook,” according to a new report from the National Institute on Retirement Security.
Inflation drops to lowest point in more than 2 years at 3 percent
By
Kathleen Steele Gaivin
Jul 14, 2023
At 3%, the inflation rate reached its lowest point last month since March 2021, according to the Bureau of Labor Statistics. That’s a full percentage point lower than the 4% reported in May.
Hiring bias from AI-powered selection tool costs company $365,000 in settlement
By
Kathleen Steele Gaivin
Aug 16, 2023
The Equal Employment Opportunity Commission last week settled its first-ever lawsuit involving alleged age discrimination through the use of artificial intelligence tools in the hiring process. The result...
Balancing costs, benefits a challenge in recruiting, retaining workers: survey
By
Kathleen Steele Gaivin
Jul 14, 2023
Battling increasing costs while investing in employee benefits often is a balancing act in the recruitment and retention of employees, according to the results of a survey from London-based global advisory,...