The fiscal year ending June 30, 2024, turned out to be highly successful for New York City's five public pension systems. These systems, managed by the NYC Comptroller's Office through the Bureau of Asset Management (BAM), delivered a robust 10.0% return, net of fees, surpassing their 7% target.
RBC Investor Services (RBCIS) recently released a report detailing the performance of defined benefit (DB) pension plans for the second quarter of 2024. The report reveals a positive median return of 1.1 percent, despite a highly unpredictable market. Furthermore, a cumulative return of 4.4 percent
The Government of Saskatchewan has embarked on a multifaceted strategy to enhance its health human resource (HHR) capacity, focusing on bolstering healthcare services across the province. This initiative targets rural, remote, and regional areas that often face critical healthcare staffing
The UK is experiencing unprecedented heatwaves, with temperatures soaring up to 32°C in certain regions. Such extreme conditions raise significant concerns about employee health and safety, sparking a debate among HR departments on whether remote work should be permitted during these hot spells.
As organizations navigate the complexities of the modern work environment, the integration of artificial intelligence (AI) and the emphasis on mental health are becoming paramount focal points for sustainable growth and employee satisfaction. The Society for Human Resource Management (SHRM) has
Remote work has become a significant aspect of modern employment, especially in the wake of the COVID-19 pandemic. Initially embraced as a temporary solution, it quickly evolved into a permanent fixture in the workplace landscape. While private sector organizations have been quick to adapt, the
