There are various risks that come with sponsoring a defined benefit plan, including market volatility and liability risk. There are also operational risks which can result in operational defects, inaccurate data and miscalculated benefit obligations. Most plan operations are outsourced to third-party service providers and with this significant outsourcing, plan governance and internal controls are […]
The German Federal Labor Court made a very clear ruling regarding job applicants in Germany who are not offered the position for which such applicants applied. In the Federal Labor Court’s view, a rejected applicant has no right to know whether another applicant was offered or accepted the position. (Federal Labor Court, verdict dated April 25, […]
For years, HR managers have been the enforcers when it comes to establishing employee policies and setting standards for behavior, conduct, and expectations. But in many ways, they’ve become more enmeshed in the demands of corporate compliance than they have in the realm of talent management, engagement, learning and training, and other critical attributes of […]
There’s no universal standard for what constitutes a comfortable temperature – it depends on what we’re used to. But as the world changes, the definition of comfort is changing with it.Siestas – those glorious, three hour midday breaks – used to be as much a part of Mexican culture as Mariachi and Cinco de Mayo. […]
Successful international relocation of employees and their dependants requires the co-ordination of a number of related activities and procedures. For long-term international assignments relocation normally consists of the following three integrated stages: 1) preparation, including country briefings, language training, look-see visits and assistance with closing utilities contracts etc; 2) travelling to the host country, plus […]
