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The SAG Health Plan was created in 1960 to provide health coverage to all Screen Actors Guild members. Problems with the SAG-AFTRA Health Plan began in 2017, the lawsuit says, when trustees of the SAG health plan approved a merger with the AFTRA plan. The lawsuit contends that the trustees had two years to shore up the health plan without "dramatically ending SAG-AFTRA health coverage for primarily older participants." For example, negotiations of three recent union contracts could have directed more funds into the health plan, some members said. SAG members were told the 2017 health plan merger "would strengthen the overall financial health of the SAG plan while ensuring comprehensive benefits for all participants," the lawyers said.
Persons: Ed Asner, Asner, Lou Grant, Mary Tyler Moore, Whoopi Goldberg, Dia Dipasupil, Morgan Freeman, Shirley Jones, Mark Hamill, Martin Sheen, Goldberg, Carol Kane, Frances Fisher, Steve Schwartz, Robert Kriner, Jr, Chimicles Schwartz, Smith, Edward Siedle, Siedle Organizations: Screen Actors Guild, American Federation of Television, Radio Artists, SAG, AFTRA, Lincoln, Screen, Guild, Health, Donaldson, NBC News, NBC, American Federation of Musicians, Employers Locations: California, New York
In 2020 alone, $1 trillion in Social Security benefits will be disbursed to about 65 million people. Since 2010, however, the Social Security payroll tax hasn't been enough to cover payments for the massive baby-boom generation that started to retire. How Social Security invests its moneyThink of Social Security like a pay-as-you-go type program. Employers match that amount, or if you're self-employed, you pay 12.4% into the Social Security trust fund. Will Social Security run out of money?
Persons: Gopi Shah, Gary Burtless, They're Organizations: Social, Social Security, Security, Stanford Institute for Economic Policy Research, Employers, Treasury, Brookings Institution Locations: Quinnipiac, U.S
Despite all the ways the coronavirus pandemic has normalized working from home, 3 in 4 workers hope to return to an office at some point in the future, according to a recent survey of 2,033 office workers worldwide by the commercial real estate firm JLL. Roughly one-quarter of office workers hope to return to the office full-time after the health risks of the virus subside, while about half hope their employer supports a hybrid model of being remote part-time (on average twice a week, per survey results) and in the office for the remainder of the workweek. The remaining 1 in 4 workers hope to make their work-from-home arrangement a full-time and permanent adjustment. Workers were also surveyed about their top priorities in the types of office spaces that would make the biggest impacts on their employee experience. That could be as simple as having more plants around the office, Kantor says, or redesigning the office cafeteria to open out to terrace dining.
Persons: Cynthia Kantor, Kantor, it's, " Kantor, Ellen Pao, , Organizations: CNBC, Workers, Employers, Corporations Locations: JLL
Jacalyn Shirley, with two of her three kids, is struggling to stay afloat during the pandemic. When the coronavirus pandemic hit in the spring, the 36-year-old was suddenly faced with three children at home and virtual schooling. Jacalyn Shirley Single momShe was bringing in less than her rent. "This is hard for all of us but for single parents in particular, it's really devastating." "I had to learn everything the hard way."
Persons: Jacalyn Shirley, Shirley, I'm, Stacy Francis, , she'll, Holly Mazzocca, It's, Francis, Mazzocca, Misty Brannon, Misty Brannon That's, Brannon, " Brannon, She's Organizations: Cal, Pew Research, National Women's Law, New, Francis Financial, Bartlett Wealth Management, CNBC, Employers Locations: Ocean Beach , California, CalFresh, York, Invest, Cincinnati, Houston
Connecticut Prepares for Paid Family Leave Program
  + stars: | 2020-11-28 | by ( Joseph De Avila | ) www.wsj.com + 0.98   time to read: +1 min
Connecticut workers will start seeing a mandatory paycheck deduction in January for the state’s new paid family leave program, which will begin paying out benefits in 2022. The program will be funded by a 0.5% tax on the wages of workers, with the maximum amount of income that can be taxed at $142,800. Connecticut will be joining New York and New Jersey in offering paid family leave. A handful of other states also have established paid family leave programs, according to the National Conference of State Legislatures. “It is a critically important program for the state because we know that people do better when they are healthy,” said Andrea Barton Reeves, chief executive of the Connecticut Paid Leave Authority, which oversees the program.
Persons: , Andrea Barton Reeves Organizations: Employers, Democratic, New, National Conference of State Legislatures Locations: Connecticut, New York, New Jersey, Colorado
Dr. Syra Madad is an infectious diseases epidemiologist and the senior director of NYC Health + Hospitals System-wide Special Pathogens Program. Madad also advises that business stay up to date on their local regulations, and be prepared to adjust operating plans accordingly. At an individual levels, safety measures should include screening and health checks of employees and a mask-wearing policy. At an operational level, businesses should standardize cleaning and disinfecting routines and reduce the number of customers inside at one time. The cornerstone for all businesses is to protect the health and safety of your employees, customers, and the community.
Persons: Syra, Madad, it's, Syra Madad, Demetrius Freeman, Read Organizations: NYC, Fortune, Federal Emergency Management Agency, FEMA, Occupational Safety, Health Administration, Johns Hopkins Center for Health, Business, Disease Control, Employers Locations: COVID, Europe
This is why talent strategies need to shift from funneling down to the best candidates remaining, and toward a strategy that funnels in the best talent. The best talent will continue to have leverage, they won't just want the average market rates for their skills. If this takes any longer than three days — you're losing out on the best talent and settling for talent that is more likely to end up disengaged. If this takes any longer than three days — you're losing out on the best talent and settling for talent that is more likely to end up disengaged. Anything that is on this list should get prioritized and benchmarked, and you should do whatever possible to get the best talent and keep them happy.
Persons: Read, who's Organizations: Companies
There are new opportunities for entrepreneurs in the workforce education technology space. Guild Education, Zovio, and InStride are examples of startups that do just that. Edtech unicorn Guild Education, whose clients include Walmart and Disney, said it's seen a 25% uptick in employee participation since March. And by giving their employees these critical job skills, employers are ensuring that they maintain their competitive edge. Publicly funded workforce education may be more successful in conjunction with private initiatives.
Persons: it's, Zovio, they're, Alistair Berg, Bob Moritz, Cigna, — Instacart, , Bradley Saacks, Andrew Clark, Clark, Natalie McCullough, Lola Fadulu, Albrecht Enders, Lars Heggstrom, Rafael Lalive, McCullough Organizations: Guild Education, Employers, Education, Walmart, Disney, Fullstack Academy, McKinsey & Company, Amazon, Verizon, Accenture, Google, Lumina Foundation, Guild, Colleges, Harvard, Princeton, Zovio, University of Arizona, University of Florida, Starbucks, Arizona State University, ASU, City University of New, Harvard Business Locations: Zovio, Silicon Valley, City University of New York, The Atlantic, Swedish
Ceridian Dayforce offers tools for companies to get ahead of these trends to stay competitive. Preparing for the future nowSo when will the workplace of the future arrive? "We envision an increasingly fluid and on-demand future of work where businesses must apply intelligent thinking in order to thrive," Jensen says. It also gives companies a tool to pay freelancers and project-based workers faster, which helps them stay competitive. Leverage talent technologySo how can employers prepare for the future of work?
Persons: Jim Jensen, Jensen Organizations: Companies, Ceridian, Employers, Insider Studios Locations: Ceridian
Warehouse work has exploded in recent yearsAmazon and other retailers have hired hundreds of thousands of warehouse workers. In late March, the number of warehouse workers plummeted, as employers laid off workers in the face of an uncertain future. Holiday shopping season is bringing new problemsBooming e-commerce sales, skyrocketing warehouse employment, and COVID anxiety are the backdrop for an unprecedented holiday shopping season. "For a lot of people, warehouse workers are sort of like an invisible part of the supply chain," Carden said. From warehouse workers to retail giants to industry experts, the holiday shopping season remains full of unknowns.
Persons: Monica Moody, Juan Arias, , Arias, Ina Fassbender, Read, it's, Suzanne Kreiter, Moody, COVID, Tommy Carden, Carden, Greg Smith, Smith, Cathy Roberson, there's, They're, riskier —, Roberson Organizations: Amazon, Walmart, Getty, Group, Sam's, of Labor Statistics, Boston Globe, United, Warehouse Workers, Justice, Employers, Adobe Analytics, Logistics TI, Challenger, Center of Investigative, Companies, Workers Locations: Shelby , North Carolina, America, , AFP, NYC, Charlotte , North Carolina, California, Will County , Illinois, Illinois
Given the widespread adoption of remote work during the coronavirus pandemic, many office workers are hoping changes to where work gets done will prompt adjustments to when it gets done, too. According to a recent survey of 2,033 office workers worldwide by the commercial real estate firm JLL, 74% of office professionals said they support a four-day workweek. Kantor adds that trends supporting regular work-from-home and flexible schedules have accelerated due to the pandemic and predicts they'll continue as offices reopen. But there's certainly support for a hybrid work environment as a predominant way of working on the other side of the pandemic." In the survey, 74% of office workers support the idea of a four-day workweek; 8% reported they already have this benefit; and the remaining 18% believe the arrangement is not appealing and unlikely to happen even with post-pandemic workplace changes.
Persons: Cynthia Kantor, Kantor, they'll, they've, we're, " Kantor, That's, Ellen Pao Organizations: Workers, CNBC, Google, Employers Locations: JLL, Zealand, Japan
Portugal to ban domestic travel, close schools around national holidays
  + stars: | 2020-11-21 | by ( Reuters Staff | ) www.reuters.com sentiment -0.85   time to read: +2 min
REUTERS/Rafael Marchante/File PhotoLISBON (Reuters) - Portugal is to ban domestic travel and close schools around two upcoming holidays in a bid to reduce the spread of coronavirus ahead of Christmas, Prime Minister Antonio Costa said on Saturday. Schools will close on the Mondays before both holidays, while businesses must close early. Employers are being encouraged to give workers the day off in order to minimise travel activity. “We continue to have a very high number of cases which is a threat to our health,” Costa told a press conference. Portugal reported 62 deaths and 6,472 cases of coronavirus on Saturday, mostly in the north of the country, bringing the total infections to 255,970 cases, with 3,824 deaths.
Persons: Rafael Marchante, Antonio Costa, ” Costa, Costa Organizations: REUTERS, Employers, European Centre for Disease Prevention Locations: Lisbon, Portugal, LISBON, Europe
The r ecent news of two promising coronavirus vaccines has led more employers to begin seriously thinking about vaccination policies at the workplace. Labor and unemployment lawyers have seen a flood of the same inquiry from clients across various industries: Can they make it mandatory for employees to get vaccinated for the coronavirus? With the prospect of a coronavirus vaccine drawing sooner than many had initially expected, labor and employment lawyers are seeing a surge in clients asking the same question: Is it legal to make workplace COVID-19 vaccinations mandatory? The most common question that clients are asking: Can you make it mandatory for employees to get a coronavirus vaccine? A very likely uptick in work for labor & employment lawyers given the many unknownsLike many things about the coronavirus, there still remains a lot of unknowns with the vaccines.
Persons: they've, Jimmy Robinson, Ogletree Deakins, Ogletree, Robinson, Read, Karla Grossenbacher, Grossenbacher, Michael Roche, Strawn, Thomas Wassel, Cullen, Dykman, imminently, Nathaniel Glasser, Epstein Becker Green, Glasser, There's, Ogletree's Robinson, haven't, Guy Brenner, Proskauer's, Brenner, Joe Biden Organizations: Labor, Pharmaceutical, Pfizer, Moderna, Employers, Business, Opportunity Commission, Winston, Occupational Safety, Health Administration, OSHA Locations: Washington , DC, Long, Washington ,
We spoke with Caroline Castrillon, career coach and founder of CorporateEscapeArtist to discuss the paths all Americans impacted by the Covid recession can take to rebuild their careers and reinvent their futures. Employers who don’t ask about your background or your family aren’t being rude," says Castrillon. "While the family is at the center of Hispanic culture, there are many legal issues employers can’t bring up first in an interview. Within one's own close-knit community, the chances are excellent that someone has interviewed with or worked for a company of interest. The key is knowing one's strengths and being open to new and different ways of using them to one's favo, professionally.
Persons: Caroline Castrillon, CorporateEscapeArtist, can’t, Castrillon, you’re, one's favo Organizations: Survey, Employers, Association of Latino, Finance, Accounting, National Hispanic Medical Association, United States Hispanic Chamber of Commerce, CNBC, Comcast Ventures, NBC, Facebook, Twitter
How Latinos in the U.S. can reinvent their careers post Covid-19
  + stars: | 2020-11-20 | by ( Janet Alvarez | ) www.cnbc.com + 0.00   time to read: +2 min
Getty ImagesThe effects of the Covid-19 pandemic on Americans' career trajectories has varied by industry, geography and ethncicity, with Latinx Americans among the most heavily impacted. According to the 2020 American Family Survey, 53% of Hispanic respondents reported a career change since the pandemic began; while a troubling 41% report a decline in income. We spoke with Caroline Castrillon, career coach and founder of CorporateEscapeArtist, to discuss how Americans impacted by the Covid recession can develop their careers and reinvent their futures. Understand cultural nuancesThere are subtle differences between the way employment interviews are conducted in the United States versus Latin America, says Castrillon. Key organizations that should be on your radar include the Association of Latino Professionals in Finance and Accounting (ALPFA), the National Hispanic Medical Association (NHMA), and the United States Hispanic Chamber of Commerce (USHCC), among others.
Persons: Caroline Castrillon Organizations: Survey, Employers, Association of Latino, Finance, Accounting, National Hispanic Medical Association, United States Hispanic Chamber of Commerce Locations: Ceridian, United States, America
Unemployment Claims Likely Held at Level Reflecting Covid-19 Burden
  + stars: | 2020-11-19 | by ( Gwynn Guilford | ) www.wsj.com sentiment -0.99   time to read: +2 min
The number of applications for unemployment benefits likely held relatively steady last week, indicating continued challenges for the U.S. economic recovery as coronavirus infections surge around the country. Economists surveyed by The Wall Street Journal forecast that new unemployment claims, a proxy for layoffs, came in at a seasonally adjusted 710,000 last week, up slightly from the 709,000 filed a week earlier. The number of people collecting unemployment benefits through regular state programs, which cover most workers, fell to 6.8 million for the week ended Oct. 31 from 7.2 million a week earlier on a seasonally adjusted basis, according to the Labor Department. So-called continuing claims declined throughout the summer and into the fall, as many laid-off workers have been recalled to their jobs or found work elsewhere. About four million people were receiving aid through this extended-benefits program in the week ended Oct. 24, about the same number as a week earlier, Labor Department data show.
Persons: , Michelle Meyer Organizations: Wall, , BofA Global Research, ” Employers, Labor Department
Many Employers Avoid Covid Tests Over Cost, Not Availability
  + stars: | 2020-11-19 | by ( Noam Scheiber | ) www.nytimes.com sentiment -1.00   time to read: +2 min
tests, which are generally considered the most accurate but typically require laboratory processing, cost roughly $100 in the United States. Medicare typically covers Covid tests, but many private insurance plans do not. A spokeswoman for One Medical said the average turnaround time for the tests was two to three days in most markets. “We anticipate an increase in testing demand around the holidays, and have increased our testing capacity accordingly,” the spokeswoman added. The survey found that companies with 25 workers or fewer were least likely to test, with only 8 percent doing so.
Persons: , Zack Cooper, Cooper Organizations: One, Biotechnology, Yale School of Public Health, Rockefeller Foundation Locations: United States
Walmart and McDonald's are among the top employers of beneficiaries of federal aid programs like Medicaid and food stamps, according to a study by the nonpartisan Government Accountability Office. "The average starting wage at U.S. corporate-owned restaurants is over $10 per hour and exceeds the federal minimum wage. "We support efforts to raise the minimum wage while we continue to make investments in our associates." It is the eighth state to approve a $15-an-hour minimum wage and the second-most populous state to do so. President-elect Joe Biden supports a $15 federal minimum wage.
Persons: Bernie Sanders, Sanders, McDonald's, Chris Kempczinski, Anne Hatfield, Joe Biden Organizations: Walmart, Office, Washington Post, Democratic, GAO, Nutrition, SNAP, Medicaid, Kroger, Dollar, U.S, CNBC, Costco, Amazon, Starbucks Locations: U.S, America, USA, Florida
Through one of the products, it has taken on the investment risk of part of Allied Irish Bank’s pension scheme. GOLD STANDARDThe traditional bulk annuity market remains the gold standard in terms of providing security for DB pension scheme members, said Adam Davis, managing director of consultants K3 Advisory. Unlike other products currently on offer, the insurer takes over and the employer is no longer linked to the pension scheme. Superfunds pool pension schemes together and are considered to be a cheaper option, although offer fewer benefit-payment guarantees than a bulk annuity. The Pension Superfund’s pipeline was “fuller than ever” due to the uncertainty caused by COVID-19, a spokesperson said by email.
Persons: Henry Nicholls, , Sean Gilfeather, Michael O’Connor, O’Connor, Southall, LGEN.L, Adam Davis, Aspinall, David Fairs, Adam Saron Organizations: REUTERS, DB, ITV, “ Employers, ” Investment, Capital Partners, Reuters, Consultancy Mercer, Allied Irish, Mercer, Legal, General, K3 Advisory, Companies, Pension Insurance Corporation, Bank of England, Pensions, Clara Locations: London, Britain, TPT, Clara
COVID-19 has had extreme impacts on both physical and mental health, highlighting the importance of employee wellness programs. Workplace wellness programs aren't a novel concept. Among other positives, wellness programs can reduce an employers' overall healthcare costs and increase productivity. "The reality that individuals with [certain] pre-existing conditions are at higher risk for complications with COVID-19 further highlights the importance [of employer wellness programs]," Zauner added. In order to be a bona fide promoter of remote work, you must:Encourage a non-linear work scheduleEveryone has different peak productivity hours and complex lives.
Persons: Johnson, Peter Phelan, Phelan, Erika Zauner, Zauner, there's, Maeve O’Meara, Maeve O'Meara, Erika Zauner HealthKick, Darren Murph, Murph, you'll, Castlight, GitLab, O'Meara Organizations: Employers, Health, Pharmacy, Express, HK Locations: America
But that could be changing as employers consider localizing pay according to where the staff is based. That may be bad news for tech workers. Westend61 | Getty ImagesHowever, it could be good news for leveling the field and broadening access to talent, according to the experts. Indeed, in its latest salary report, Willis Towers Watson found that employers in Asia-Pacific are more likely to freeze salaries and bonuses this year. Sonia Liew Rewards practice leader, Willis Towers Watson
Persons: Sonia Liew, Willis Towers Watson, Van, Mercer, Van Dooren, Guillaume Vergnaud, Willis Towers Watson's Liew, Julia Pollak, Pollak Organizations: Employers, University of San, International, Companies, New Horizons Global Partners Locations: University of San Diego, United States, Singapore, Asia, , Van Dooren, Pacific
Yet it's holding many older unemployed workers back during the coronavirus pandemic. Harry HacheThe picture for workers over 55 Massive unemployment has impacted American workers of all ages, and those over 55 face challenges in reentering the workforce amid a recession. The average duration of unemployment for older workers is much longer than those experienced by younger groups. Some older workers never fully recover after long-term unemployment, said Susan Weinstock, vice president of financial resilience programing at AARP. Options for older workersThere are a few options that older workers have when dealing with long-term unemployment before they're ready to retire, according to financial experts.
Persons: Bryan Woolston, Harry Hache, he's, Hache, He's, Susan Weinstock, Richard Johnson, Weinstock, Matthew Rutledge, It's, Johnson, Jody Frisch, She's, she's, hadn't, it's, Frisch, Diahann Lassus, Lassus, that's, Paul Fenner, you've, Rutledge, Fenner, Roth, Susan Weinstock, Richard Johnson Organizations: Kentucky, Center, Bureau of Labor Statistics, AARP, Urban Institute, Employers, Center for Retirement Research, Boston College, Center for Popular Democracy, Pennsylvania Democrats, Protection, Gladstone Bank, Social Security, CNBC's, TAMMA, Roth IRA, Kentucky Locations: Frankfort , Kentucky, Atlanta, Invest, Los Angeles, Peapack, CRR, Los Angeles
The following is a preview of one Digital Health report, Health Tech's Role in the New Office Normal. Tech companies and digital health startups are rolling out software to facilitate the return-to-work transition for employees. We explore what the return-to-work health tech space looks like now—providing examples of the solutions on the market from both tech companies and fast-moving digital health companies, and unpacking the pros and cons of each. Digital health companies are relying on their specific areas of expertise—employee benefits, telehealth, lab testing, voice—to craft return-to-work programs that attract businesses across industries. Outlines ways in which prominent tech companies and digital health startups are pivoting to roll out workforce reentry solutions.
Organizations: Intelligence, Digital Health, Health, New, Business, Tech, Apple, Castlight, Collective, Dole, Facebook, Google, Microsoft, Sonde, UnitedHealth Locations: emocha
Hiring managers share the No. 1 resume lie that could cost you the job
  + stars: | 2018-09-12 | by ( Ruth Umoh | ) www.cnbc.com sentiment -0.99   time to read: +1 min
While hiring managers hate all resume lies, a recent survey finds some lies are worse than others. The jobsite TopResume asked 629 professionals to rank the most serious of 14 categories of resume lies. Nearly all respondents, 97 percent, said they'd reconsider candidates with any type of lie. 89 percent of hiring managers felt this was the most serious lie, inching out even criminal records. Many candidates don't want to be disqualified from a search when a job listing asks for candidates with degrees.
Persons: TopResume, they'd, Topping, Amanda Augustine, Augustine Organizations: Employers
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