Category Archives: Human Resources

Employee ownership promotes productivity and strengthens companies

Many business owners may be interested in gaining liquidity from the equity in their business but still want their legacy to carry on through the company’s future success. By selling all or part of their company to an Employee Stock Ownership Plan (ESOP), they can achieve both of these objectives. Like other exit strategies, selling to an ESOP generates liquidity

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Dust Off Your Employee Handbook

Nearly every employer needs an employee handbook. It’s the official documentation of workplace policies. It sets expectations and outlines rules employees need to understand. But if you aren’t careful, it can create new problems. One example in the spotlight right now is employee handbook language that violates employee rights under the National Labor Relations Act (NLRA). In a March 2015

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Promoting employee engagement and collaboration in a multi-generational work environment

Charles Schwab’s most recent generational study shows investors between the ages of 30 and 45 control nearly $3.5 trillion in investable assets. What’s more, over the next three decades, $16 trillion in investable assets is projected to transfer to the next generation. Numbers like this tend to pique financial advisors’ interest. An extraordinary amount of money is set to change

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Discrimination law changes could finally pass this session

For more than a decade, Missouri businesses have faced an uphill battle in lawsuits over whether discrimination played a role in firing decisions. Currently, an employee who brings a retaliation action against an employer must prove only that discrimination contributed in some manner to the adverse action. In most other states and in federal court, the plaintiff employee must prove

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Discover ways to better manage retirement plans as a fiduciary

The retirement plan landscape in this country is changing – fast.  In response to rising scrutiny from the Department of Labor as well as a surge of lawsuits, employers have become increasingly aware of the need to improve their fiduciary processes. Business owners and executives are starting to ask themselves a very important question: Am I doing the right things

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Revitalize Your Employee Engagement Strategies

Many organizations think of “employee engagement” as simply the latest buzzword in HR practices. However, employee engagement strategies, especially employee-centered events, can boost employee morale, productivity, and commitment to the organization. There are many types of events that companies sponsor, such as having “volunteer work days” where groups of employees are given a day off to volunteer at non-profit organizations

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