Latest news with #SocietyforHumanResourceManagement
Yahoo
3 days ago
- Business
- Yahoo
Student loan borrowers are facing a grim summer: These are the benefits businesses can offer employees to help with debt payments
Good morning! Student loan borrowers have been on a wild ride over the past few years. The onetime dream of widespread debt forgiveness has been extinguished, and a five-year reprieve for people who had defaulted on student loans expired in May of this year. This summer, the Trump administration will garnish the wages, tax refunds, and federal benefits of individuals in student loan default, in a move that could potentially impact millions. It's going to be a cruel summer for millions of Americans bracing for the worst, but there are steps that employers can take to support workers who are laboring under the financial burden of student loan debt. Benefits geared towards student loan assistance have become more popular over the past few years. The number of employers offering student loan benefits more than tripled in the past five years, from 4% in 2019 to 14% in 2024, according to the Society for Human Resource Management. And the number of job listings that included loan assistance on the platform Handshake doubled between 2019 and 2023, according to a report from the company. Employers have a range of options to support staff trying to manage student debt, from integrating loan repayment support into retirement plans to offering educational assistance or even allowing workers to trade unused paid time off for loan payments. According to benefits specialists Fortune spoke with, these programs aren't without obstacles, but they can significantly boost employees' financial stability and peace of mind. 'Business leaders can't ignore this financial pressure anymore,' says Jeremy Yonan, VP of total rewards at job site Indeed. 'Student loan debt isn't just a personal challenge, it's actually a business imperative because the ripple effect comes up in every corner of the workplace. You can read about what kinds of benefits employees can offer those with student loan debt here. Brit This story was originally featured on
USA Today
4 days ago
- Business
- USA Today
How do I avoid nepotism perception when recommending a relative for a job? Ask HR
Johnny C. Taylor Jr. tackles your human resources questions as part of a series for USA TODAY. Taylor is president and CEO of the Society for Human Resource Management, the world's largest HR professional society and author of "Reset: A Leader's Guide to Work in an Age of Upheaval.' Question: I want to recommend my nephew for an open position with my company. I think he'd be a great fit. We are encouraged to make referrals of people we know. What can I do to avoid his hiring might be perceived as nepotism or favoritism? – Milo Answer: When considering recommending your nephew for an open position within your company, it's essential to navigate the process thoughtfully. Here are some steps to ensure a fair and transparent referral: Do your homework: Start by reviewing your company's policies concerning the hiring of family members. Most organizations have specific guidelines in place to prevent conflicts of interest, which help clarify what is permissible. Internships: How can students get more out of professional training? Ask HR Focus on qualifications: Make your recommendation based on your nephew's skills, accomplishments, and how he aligns with the job requirements. Communicate his qualifications and potential contributions to the hiring team. Maintain transparency: Be upfront about your relationship with your nephew from the beginning. Transparency will help build trust with your employer and colleagues, showing that you are not trying to hide the familial connection. Provide insight, not influence: Use your understanding of your nephew to offer valuable insights into his capabilities and work ethic. However, let the hiring process proceed independently, without undue influence from you. Allow him to go through the same evaluation process as any other candidate. Avoid conflicts of interest: Ensure that the position does not involve direct supervision or decision-making authority over your nephew. This reduces the risk of perceived bias and helps maintain a professional environment. Set professional boundaries: If hired, establish clear boundaries to maintain a separation between personal and professional interactions. This includes not showing favoritism and maintaining professionalism at all times. Address colleague concerns: Be mindful of your workplace dynamics. If any concerns about the recommendation arise among colleagues, address them directly and professionally, fostering an open dialogue to alleviate any tensions. By taking these steps, your recommendation will effectively showcase your nephew's potential while upholding the integrity of the hiring process and fostering workplace harmony. Ultimately, any candidate you refer, be it a friend, family member, or former colleague, will be based on your personal experience. When you see a potential fit for both parties, you can confidently make a quality referral in the best interest of your employer and your parties, you can confidently make a quality referral in the best interest of your workplace and your nephew. The views and opinions expressed in this column are the author's and do not necessarily reflect those of USA TODAY. Job benefits: Can an employee contribute to an FSA while on an unpaid leave of absence? Ask HR.
Sky News AU
04-07-2025
- Politics
- Sky News AU
Joe Biden wildly claims leaders still call him for advice and to stay ‘engaged' in politics
Former US president Joe Biden has wildly claimed he is receiving calls from politicians and European world leaders asking for his advice. Biden's claim came on Wednesday, when he delivered a speech at the Society for Human Resource Management (SHRM) convention. Following his speech, Biden sat down with the SHRM president and CEO, Johnny Taylor, for a live chat. The pair reportedly spoke about how the former president's life has been since leaving office earlier in the year. After Biden touted his successes, the 82-year-old revealed he remains engaged with world events and is asked by leaders to get more involved. 'I'm getting calls. I'm not going to go into it, I can't, from a number of European leaders asking me to get engaged. I'm not, but I'm giving advice. Because things are different,' Biden said.
The Hill
03-07-2025
- Politics
- The Hill
Biden: Some European leaders ‘asking me to get engaged'
Former President Biden claimed during an event in San Diego this week that world leaders and U.S. lawmakers have urged him to stay involved in politics and have sought his advice since he left the White House in January. 'I'm getting calls — I'm not going to get into it, I can't — from a number of European leaders asking me to get engaged,' Biden said while addressing the Society for Human Resource Management (SHRM) gathering on Wednesday. 'I'm not, but I'm giving advice.' 'I'm also dealing with a lot of Democrats and Republican colleagues calling me, wanting to talk — not because they think I have the answer, just to bounce things off (me),' he added. He didn't reveal the specific topics he has been consulted about. Biden told the San Diego crowd this week that he is not initiating the discussions with current leaders or seeking the spotlight, but others are seeking him out as they adjust to Trump's second presidency. 'How can you just walk away?' Biden asked. 'You don't see me out there publicly doing a lot of this,' he added, joking that the California location of the conference address made it easier to visit his great-grandson in Los Angeles. Biden's eldest granddaughter, Naomi, had the baby in January. Biden also revealed to the crowd that he has been 'working like hell' to write a new memoir documenting his presidency and enjoying time in his 1967 Chevrolet Corvette Stingray. Biden, 82, ended his reelection campaign against President Trump a year ago, after facing mounting pressure from Democrats over his disastrous televised debate with Trump weeks earlier and questions about his ability to serve another term. The book 'Original Sin' from reporters Jake Tapper of CNN and Alex Thompson of Axios offered additional insight into concerns that emerged about Biden's health and mental fitness near the end of his term. Biden, who revealed in May that he has been diagnosed with an aggressive form of prostate cancer, has denied depictions in the book, and he has maintained he would have been able to serve another term. House Republicans are investigating Biden's mental fitness while in office and have sought testimony from multiple people who were top aides during his presidency.
Yahoo
03-07-2025
- Politics
- Yahoo
Joe Biden Casually Drops Bombshell About Who's Still Seeking His Advice
Former President Joe Biden claimed that world leaders and U.S. lawmakers from both sides of the aisle are reaching out to him for advice and to ask him to remain active in politics amid the divisive second term of his successor, President Donald Trump. Biden is still involved in politics but now remains behind the scenes, he told the Society for Human Resource Management in San Diego on Wednesday after being asked how he's filling his 'newfound time' since leaving office. . 'I stayed engaged because I really cared about what I was doing. Many things I worked so damn hard [on], that I thought I had changed the country, are changing so rapidly,' Biden said, a reference to Trump's ongoing bid to gut most of his policy achievements. Biden later revealed, 'I'm getting calls. I'm not going to go into it, I can't. From a number of European leaders asking me to get engaged. I'm not, but I'm giving advice. Because things are different. You know, I often ask the question, if America doesn't lead the world, who can? Not a joke. Not because of power. Who could put it together? And mistakes, today, have significantly greater consequences than they did 50 years ago.' 'How can you just walk away?' Biden asked. 'You don't see me out there publicly doing a lot of this. But I'm also dealing with a lot of Democrats and Republican colleagues calling me, wanting to talk, not because they think I have the answer, just to bounce things off me. 'I'm not looking' for it, he added. 'They asked to see me, I see them.' Biden, who in May revealed he had been diagnosed with an aggressive form of prostate cancer, also said he's 'working like hell' to write a new, 500-page memoir documenting his presidency. 'They want me to focus just on the four years and talk about what happened and how it impacted on the world and/or if it did.' Top Trump Official's POTUS Praise Goes Viral For Cringiest Reasons Fox News Pundit Asks Most Sycophantic Question About Trump. It Does Not Go Well. Trump Asks DeSantis The Weirdest Question About Marjorie Taylor Greene, In Front Of Her BF
