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An awkward job interview question — how much did you make at your last job? — is getting banned in some parts of the country.
Massachusetts, New York City and Philadelphia have passed laws that bar employers from asking applicants about their salary history. And several states, including California, Mississippi and Pennsylvania, have proposed similar legislation this year. Continue reading
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: Liability in Focus identifies defective product or work, crash and human error incidents as the largest causes of liability loss for businesses, based on analysis of insurance claims. Continue reading
Employee turnover is expensive, costing businesses six to nine months’ salary onHow to Boost Employee Retention and Reduce Turnover average. Savvy employers recognize that keeping their people means more than just delivering paychecks on time. Businesses can support their employees by: Continue reading
Maybe the automation of jobs will eventually create new, better jobs. Maybe it will put us all out of work. But as we argue about this, work is changing. Continue reading
One of the first orders of business for President Trump after taking office was to sign an executive order to minimize the financial burden of the Affordable Care Act (ACA). An executive order is an official document that the president signs and will then in turn declare government policy. Think of the order as a mission statement; it is not something that can instantly change the law. An executive order is how a President can give instructions to government agencies and departments to operate in different aspects of government. Continue reading
U.S. consumer prices increased in December as households paid more for gasoline and rental accommodation, leading to the largest year-on-year increase in 2-1/2 years and signaling that inflation pressures could be building. Continue reading
Effective January 1, 2017, OSHA has revised its requirements for recording and submitting workplace injury records and illnesses. The OSHA Final Rule on Electronic Tracking of Workplace Injuries and Illnesses revisions require that some recorded information is submitted to OSHA electronically. Continue reading
Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a new Allianz report.
About 37 percent of respondents rated business interruption as their biggest risk worry, essentially even with 2016, the latest annual Allianz Risk Barometer noted. This year’s report – Allianz’s sixth annual – was based on a survey of 1,237 risk experts from 55 countries. Continue reading
