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Inflation-Fighting Ideas: Round Two

Money Talk

Users enter two dates to compare the relative buying power in each time period, For example, $7,978 in February 2022 has the same buying power as $5,000 twenty years earlier in February 2002. This is an almost $3,000 (and almost 60%) increase in prices and decrease in purchasing power.

Finance 245
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Do personality assessments really help with hiring?

Achievers

Furthermore, Harvard Business Review (HBR) points out that research has been available since 2002 demonstrating that personality testing doesn’t necessarily correlate with better job performance. Despite this evidence, however, the researchers found that HR professionals continue to place faith in the efficacy of such tests.

Insiders

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The 800-Pound Gorilla

Florida Workers' Comp

At the conclusion of The Bourne Identity (2002), the old guard is struggling with the challenge presented by their prodigy, Jason Bourne (try to forgive that this great line comes from the villain - spoiler alert, he is not in the sequel). They are not like me, but they are worthy.

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DOL Proposes Significant Changes to VFCP Program

McDermott Will & Emery Employee Benefits

On November 21, 2022, the US Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) released a proposed amendment and restatement of the Voluntary Fiduciary Correction Program (VFCP), along with a proposed amendment to the Prohibited Transaction Exemption (PTE) 2002-51.

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Survey: CFOs Value Employee Wellness Over Cost Savings

Wellable

Since 2002, the Integrated Benefits Institute (IBI) has been surveying CFOs to help benefit professionals develop business-relevant evidence that aligns with the C-suite’s strategic priorities.

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Lula wins "third" mandate but is it for "presidente" or "presidenta"?

Ahmed's Universe

And her share of the vote (56%) was much less than Lula got in 2006 (60%) itself slightly less than he got in 2002 (61%). But Brazilians are more politically mature than one might think, and they forced Dilma through a runoff before giving her the presidency.

IT 150
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DOL Proposes Self-Correction Option and Other Changes to Voluntary Fiduciary Correction Program

Proskauer's Employee Benefits & Executive Compensa

The DOL also proposed conforming changes to the prohibited transaction class exemption, PTE 2002-51 , associated with the VFCP. The most significant change is the addition of a self-correction option for delinquent deposits of participant contributions and loan repayments.

401(k) 97