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 recent decision by the Society for Human Resource Management (SHRM) to eliminate "equity" from its diversity, equity, and inclusion (DEI) initiatives has sparked a significant debate among HR professionals and the broader public. This change aims to address the perceived confusion
Court Rules AI in HR Must Comply with Federal Anti-Discrimination Laws The U.S. District Court for the Northern District of California has recently handed down a pivotal decision on the use of artificial intelligence (AI) in human resources (HR) processes. This landmark case, involving Workday,
Human Resources (HR) departments are navigating an evolving landscape marked by new worker protections and significant legal rulings. These changes impact workplace safety, religious accommodations, gender equality, disability rights, and economic trends. This article explores how these
Minnesota is poised at the forefront of labor law reform with the recent enactment of a comprehensive omnibus bill that reshapes the labor landscape significantly. With the stroke of Governor Tim Walz's pen, a suite of employment law amendments ranging from wage transparency to employee
The landscape of employment in Minnesota has recently experienced a seismic shift, following the state's legislative marathon. Businesses and employees alike are feeling the tremors, as the recent session culminated in a spate of laws that aim to significantly alter rights and responsibilities