Maryland becomes sixth state to require salary, wage disclosures in job listings
By
Kathleen Steele Gaivin
May 10, 2024
Effective Oct. 1, Maryland will join five other states and the District of Columbia in requiring employers to disclose salary or wage ranges upfront in job listings.
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...
Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
Supreme Court expands employers’ requirements for religious accommodations
By
Kathleen Steele Gaivin
Jun 30, 2023
How far must an employer go to accommodate a workers’ religious practices? The Supreme Court ruled Thursday that an employer’s financial hardship must be more than a minimal one to deny a worker time...
53 percent of older women in new survey don’t think their income will last
By
Kathleen Steele Gaivin
Aug 02, 2023
Fifty-three percent of Peak 65 women — those aged 61 to 65 — do not think their retirement savings and sources of income will last their lifetime,
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Proposed SEC rule would ‘hinder savers’ access to a secure retirement,’ legislators say
By
Kathleen Steele Gaivin
Jul 06, 2023
A proposed rule from the Securities and Exchange Commission would “hinder savers’ access to a secure retirement,” according to a joint letter to SEC Chairman Gary Gensler from Sen. Bill Cassidy (R-LA),...
Demand for nurses continues to eclipse supply: report
By
Kathleen Steele Gaivin
Dec 14, 2023
Almost three years after the start of the pandemic, a shortage of registered nurses continues to eclipse the supply of qualified professionals.
Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.