Unemployment funds could be depleted in 6 weeks | The journey to the C-suite goes through core operations | How to prioritize when everything is a priority
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A senior Labor Department official has warned that, if all states take it up, the $44 billion in federal funding allocated for unemployment benefits might run out in five to six weeks, which is before the December expiration date in President Donald Trump's executive order. The funding, aimed at supporting those unemployed by the pandemic, could take weeks to reach workers because of the technological changes needed in state unemployment systems, the official said. Full Story: The Wall Street Journal (tiered subscription model) (8/12),Yahoo (8/12)
Introducing Fidelity® Health Savings Funds The industry's first mutual funds developed for investing in HSAs, designed to help people address the uncertainty of saving for medical expenses. Learn more
The pathway to chief executive officer includes experience in profit-and-loss, or core operations, roles, something that many women of color lack, says Subha Barry, president of Working Mother Media. Barry details ways employers can help nurture this experience, such as by assigning high-potential workers to core roles and providing opportunities for them to learn and understand company financial statements and tools. Full Story: HR Dive (8/12)
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3 Dimensions for Safely Reopening the Workplace Is it possible to get back to work safely? How do we do it? And where do we start? This session will explore the critical factors of getting back to work readiness to maintain employee safety and business continuity during the COVID-19 crisis and beyond. Register here.
Employers get innovative with student-loan benefits Russ Wiles explores how companies are attracting workers by offering innovative ways to help pay off student-loan debt as a workplace benefit. For example, insurance firm Unum worked with Fidelity Investments to establish a program that enables employees to monetize up to five days of paid time off and use it pay down their student loans. Full Story: The Arizona Republic (Phoenix) (tiered subscription model) (8/9)
Technology
Q&A: How AI can support diversity and inclusion efforts Artificial intelligence can offer regular and timely feedback on workplace interactions and relationships, including "micro-moments" that have large effects over time, says Eskalera co-founder Tolonda Tolbert. "D&I technology enables us to coach in the flow of work plus get feedback from employees without them having to raise their hand in an uncomfortable or 'whistle-blowing' setting," Tolbert says. Full Story: Human Resource Executive (8/10)
The HR Leader
It's time for HR leaders to grab strategic reins The coronavirus pandemic has placed HR leaders in the spotlight and opened a way for them to have a strategic voice at the leadership table, Inflexion Advisors' Mark Stelzner and Peridus Group's Robin Schooling said during a recent Twitter chat. Stelzner emphasized the importance of HR managers focusing on work results, rather than employee location or time, and to ensure "[e]motional, financial, and physical [well-being] are universally embraced without stigma." Full Story: Human Resource Executive (8/12)
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