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Recent U. S. Federal Updates

COVID On November 4, 2021 OSHA, Department of Labor released COVID-19 Vaccination and Testing; Emergency Temporary Standard (https://public-inspection.federalregister.gov/2021-23643.pdf). It is an Interim Final Rule taking effect on January 4, 2022 as an emergency temporary standard (ETS) to protect unvaccinated employees of large private employers (100 or more employees)

THE BELIEF-DRIVEN EMPLOYEE, By Richard Edelman, CEO, August 31, 2021

There is a new compact between employee and employer which requires business to take a more ambitious role in society, while fundamentally reconsidering the motives of the worker. The 2021 Edelman Trust Barometer Special Report: The Belief-Driven Employee, conducted in early August in seven countries, finds that the Covid-19

Amidst Abundance of Job Opportunities, Employee Quit Rate is Historically High

An analysis by Michael Papadopoulos, Associate Economist at The Conference Board The rapid rise in job openings to historic highs coupled with increasingly more workers quitting is leading to severe labor shortages, especially in leisure & hospitality, food service, and construction. With the economy rapidly reopening across the

United States SEC Approves Nasdaq’s New Board Diversity Disclosure Listing Rule

  What This Could Mean for You The new rules aim to provide widely available, consistent and comparable information that will contribute to investors’ investment and voting decisions. Under Nasdaq’s Rule, diversity is defined as one self-identified female director and one self-identified Underrepresented Minority or LGBTQ+ director. Most

Global Economics Intelligence executive summary, McKinsey & Company, June 2021

As the global economy emerges from the worst of the pandemic, strong growth returns, accompanied by inflation. Led by the United States and China, the world economy has resumed growth trajectories last seen in 2019. The OECD leading indicators point to growth above long-term averages in the United States

Reinventing the Organization for Speed in the post-COVID-19 Era From McKinsey & Company

When the coronavirus pandemic erupted, companies had to change. Many business-as-usual approaches to serving customers, working with suppliers, and collaborating with colleagues—or just getting anything done—would have failed. They had to increase the speed of decision making, while improving productivity, using technology and data in new ways, and accelerating

GOICHI Consult Company forms Alliance Partnership with Aligned Growth Partners

Aligned Growth Partners expands its consulting resources to Japan with Goichi which is in Ushiku city, Ibaraki prefecture. June 28, 2021, Singapore. A new alliance partnership has been formed between Aligned Growth Partners and GOICHI Consult Company with the purpose of leveraging on each other strengths and geographical

The Remote Work Boom is Here to Stay

More than one-third of human capital executives recently surveyed said that they expect a significant number of their employees (40 percent or more) will still work primarily remotely one year after COVID-19 subsides. This is in stark contrast to pre-pandemic, when most organizations (nearly 75 percent) had fewer

CEO Confidence Hit All-Time High in Q2

This quarter’s survey marks a remarkable turnaround from a year ago—when CEO confidence reached a nadir of 34 at the height of COVID-19’s first wave,” said Dana Peterson, Chief Economist of The Conference Board. “For CEOs, the challenge of navigating a once-in-a-century pandemic is receding, as the focus

DOL Withdraws Independent-Contractor Rule

By Lisa Nagele-Piazza, J.D., SHRM-SCP, May 5, 2021 The U.S. Department of Labor (DOL) is officially withdrawing the prior administration’s independent-contractor rule, which would have made it easier for businesses to classify workers as independent contractors rather than employees. “The department believes that the rule is inconsistent with the

C-Suite Pain Points and Opportunities on The Road to Post-Pandemic Recovery

With Jodi, Chavez, President of Tatum With more states and cities lifting restrictive business measures amid a decline in the number of coronavirus cases, the jobs economy continues to show signs of improvement. Will organizations and top executives be ready to handle a quick bounce back? How effectively organizational

The Mushroom Board that is Kept in the Dark, by Dennis Cagan

Have you ever been on a “mushroom” board of directors? While the reference about being “treated like a mushroom” (kept in the dark and fed — let’s say manure) is typically used to refer to employees working for a very uncommunicative or dictatorial manager, the same analogy aptly

Expect a Resurgence of Unions Post-pandemic

Posted on the National Association of Corporate Directors Blog, July 2020, by Hedley Lawson and Victor Deksnys Everyone wants to know what the world and the world of business will look like once the COVID-19 pandemic abates. Numerous articles have appeared in business publications such as The Atlantic (May  6,

Give Sight Global Names CEO and new Board Member

Give Sight Global, an organization dedicated to providing treatment to curable blindness and vision impairment internationally, announces the addition of two new members to its team: Aly Bandali, as president and CEO, and Hedley Lawson, to the board of directors. Bandali believes that everyone has the right to

IF WE WANT MORE EMPATHY AND COLLABORATION, WE HAVE TO LEARN HOW TO LISTEN

IF WE WANT MORE EMPATHY AND COLLABORATION WE HAVE TO LEARN HOW TO LISTEN By: Stephen Hevesi Design thinking is an approach for achieving practical, creative solutions to problems. It is a form of solution-focused thinking with the intent of producing a constructive future result. Many companies are successfully

DIVERSITY IN THE WORKPLACE WILL LEAD TO INNOVATION

By: Stephen Hevesi “When all think alike, then no one is thinking” — Walter Lippman We are living in a volatile, uncertain, complex and ambiguous environment in which the speed of change is unprecedented. Technology is changing at a very rapid pace. In order to survive and thrive,

Consolidated Appropriations Act 2021 (CAA)

The Consolidated Appropriations Act, 2021, approved by Congress on December 21, 2020, and signed by President Donald Trump on December 27, 2020, generally provides the annual funding for the federal government and contains several important rules giving further COVID-19 relief, and relaxes several health, welfare, and retirement plan

Employer Vaccination Guidance Issued by the Equal Employment Opportunity Commission

As COVID-19 cases surge, doses of emergency-approved vaccinations begin to be administered to first responders and the availability of a vaccine for the greater public seems more promising, the Equal Employment Opportunity Commission (EEOC) recently issued its highly anticipated guidance regarding employer-mandated COVID-19 vaccines. Under EEOC Guidance, Employers

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