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Managing Your Workforce During Market Volatility: RIFs

McDermott Will & Emery Employee Benefits

Market volatility and other business disruptions can force employers to make difficult personnel decisions around reductions in force (RIFs). These may include reducing employee headcount, eliminating entire departments, hiring independent consultants or implementing hiring freezes to ease potential financial burden.

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An Introduction to IRMAA

Money Talk

Full disclosure: this blog post is written from a place of privilege for older adults with higher-than-average incomes and/or assets. Many events can affect IRMA including marriage, divorce, death of a spouse, taxable pensions, leaving the workforce, capital gains on the sale of assets, and the start of RMDs. IRMAA surcharges.

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Return to Work | Managing Your Workforce During Periods of Uncertainty

McDermott Will & Emery Employee Benefits

How can employers manage their workforces during periods of economic uncertainty? The post Return to Work | Managing Your Workforce During Periods of Uncertainty appeared first on EMPLOYEE BENEFITS BLOG.

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NLRB Attacks Non-Disparagement and Confidentiality Clauses in Employee Releases, Severance Agreements

McDermott Will & Emery Employee Benefits

Employers, especially in the context of workforce reductions, may provide departing employees with severance agreements in exchange for a release. Those agreements often include non-disparagement clauses and confidentiality clauses regarding the terms and the amount of the agreement.

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Understanding the Positive & Negative effects of layoffs

Qandle

Layoffs , a strategic workforce decision, carry a dual-edged sword effect on organizations. This blog delves into the intricate dynamics, exploring both positive and negative ramifications. Cost Reduction From a business perspective, layoffs can result in immediate cost savings. Looking for the Best HR Management Software ?

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Navigating the Complex Landscape of Layoffs: Unraveling the Meaning and Causes

Qandle

This blog will delve into the definition, reasons, impact, and strategies associated with layoffs, shedding light on the complexities involved. Decline in Market Demand: A decrease in consumer demand for a product or service can lead companies to reevaluate their workforce, often resulting in layoffs.

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Report Details 3 Trends Driving Employers’ Health Care Costs

InterWest Insurance Services

One such employee enrolled in one of your group health insurance plans can result in massive costs that overshadow those of the rest of your workforce if you are a small or mid-sized employer. Employ risk-reduction programs like weight-loss programs to lower the risk of surgery for degenerative arthritis.