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Human resources (HR) departments are given more responsibility each year, often with budgets that don’t match these changes. As a result, HR teams must constantly innovate and stay on top of trends to remain competitive in today’s labor market. This article highlights five HR trends for employers to follow in 2022. 1. Hybrid Workplace Sustainability…

The new year is here, which means millions of Americans are making their yearly resolutions. Making resolutions each year is easy, but sticking to them can be stressful. You’re not alone if you feel like your resolution fails a few months into the year. Making and keeping resolutions doesn’t have to feel near impossible, especially…

Environmental, social and governance (ESG) factors are often considered by socially conscious investors when evaluating companies on sustainability and social conscientiousness. While ESG metrics can be hard to measure, the risks surrounding them are increasing. As consumer, investor and shareholder action is increasingly focused on ESG, companies and their directors and officers (D&Os) must proactively…

On Dec. 8, 2021, the Senate voted on and passed a resolution to repeal President Biden’s vaccine mandate for private employers. The resolution passed with a simple majority vote of 52 to 48. The resolution aims to overturn the Occupational Safety and Health Administration’s (OSHA) emergency temporary standard (ETS) that requires private employers of 100…

To address the epidemic of ransomware attacks against public and private entities, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated its advisory on ransomware payments and included the first-ever sanctioning of virtual currency exchange. The Updated Advisory addresses the sanctions risks associated with paying ransomware actors. It also outlines OFAC’s…

A new variant of coronavirus is prompting renewed concern regarding the pandemic. The World Health Organization (WHO) named the new variant “Omicron.” Omicron is labeled a “variant of concern,” the agency’s serious category for tracking. Such a designation is reserved for dangerous variants that may be more transmissible or virulent or could decrease the effectiveness…

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Many employees look forward to year-end workplace holiday celebrations. These events allow employees to celebrate with their colleagues and sometimes even family and guests. Importantly, these celebrations can also be a great way to drive employee engagement. While these events are often a long-standing company tradition, many organizations canceled holiday parties last year or found…

On Nov. 17, 2021, federal agencies released an interim final rule requiring health plans and issuers to report information regarding the cost of prescription drugs and certain medical expenses. This rule is a continuation of the Biden administration’s efforts to promote greater transparency in health care spending. Overview of the Interim Final Rule This rule…

On Thursday, Dec. 2, 2021, President Joe Biden spoke at a press conference where he outlined a multiprong approach to combat COVID-19 this winter. The plan is described as having the following goals: Drafting a rule that requires private insurers to reimburse the costs of at-home COVID-19 tests Getting the approximately 43 million vaccine holdouts…