Fed study: Faster wage growth unlikely Unemployment rates are the lowest since the 1960s, but that doesn't mean wages will increase at a faster pace, finds a study by the Federal Reserve Bank of San Francisco. Average hourly earnings for US workers increased 3.2% in 2018 and are expected to grow at a gradual pace. Bloomberg (tiered subscription model) (1/14)
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New Minimum Wage Rates for 2019 Increases in the minimum wage constitute the greatest number of new requirements for employers in 2019.This guide will provide you with the hourly minimum wage rate that increased in 20 states and 26 localities, effective January 1. Download XpertHR's Guide Now
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Strategies for Success from TrainingMag.com
Prioritize mid-level manager training Companies should prioritize training for their mid-level managers and develop that coursework to address specific skills, write James Manktelow of MindTools.com and Julian Birkinshaw of the London Business School. They also suggest using courses that let learners move at their own pace, Manktelow and Birkinshaw write. Training magazine (1/8)
The biggest cause of financial stress for baby boomers and Generation X is sufficient retirement savings, compared with paying the bills for millennials, according to the Employee Benefit Research Institute/Greenwald & Associates Health and Workplace Benefits Survey. Most employees said benefits, including health, retirement and some voluntary benefits, contribute to their financial security. PlanSponsor online (1/11)
The HR Leader
Why leaders should stay involved with daily tasks Leaders who are willing to get their hands dirty and pitch in with all of the daily tasks necessary to keep their companies running demonstrate humility to their employees, writes Ryan Rafols, CEO of Newchip. In addition, handling frontline tasks can help leaders identify potential bottlenecks and pain points. Fast Company online (1/12)
No art or learning is to be pursued halfheartedly ... and any art worth learning will certainly reward more or less generously the effort made to study it.
