Barbara Corcoran, founder of The Corcoran Group and investor on ABC’s Shark Tank
Rapid change is a major challenge in every business, but it also presents great opportunity for innovation. Times like these can lead to the best ideas to move your business forward if you’re smart enough to encourage and tap into your talented workforce. A competitor might be developing the next great business idea right now.
Valuable employees today expect a seamless experience with workplace technology, and all too often, HR is caught in the middle between employees and their data. As renowned real estate investor Barbara Corcoran says, “It's ridiculous! So ridiculous.”
In this episode of HR Break Room®, Corcoran returns to discuss:
Robin Boudreau, the New England Patriots (the Kraft Group and Affiliates) senior vice president of human resources
Miranda Blaiklock, the New England Patriots (the Kraft Group and Affiliates) director of benefits, compensation and HRIS
New legislation can create complex rules, weighty administrative responsibilities and allows zero margin for error: When it comes to complying with employment legislation, the burden for U.S. businesses — both large and small — is substantial.
Take the recent coronavirus relief legislation, for example. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allows employers to elect to delay payment of their federal payroll taxes, and delay the deposit and payment of their Social Security taxes, effective immediately, through Dec. 31, 2020. Another, the Families First Coronavirus Response Act (FFCRA), gives American businesses with fewer than 500 employees funds to provide COVID-19-impacted staff with paid leave, among other provisions. Both are now federal law and earlier this year, organizations had to adjust quickly to avoid costly fines.
What role can an informed HCM partner play in navigating these unexpected challenges?
In the second half of this two-part episode of HR Break Room®, host Caleb Masters is rejoined by Boudreau and Blaiklock to discuss: