Companies Face Intergenerational Conflicts with Personnel

HR Faces Intergenerational Conflicts with Personnel

Over the past 10 years, organizations have seen a sharp increase in the number of older Americans in the workplace as aging baby boomers continue to work instead of retiring – out of choice or due to economic reasons. According to the U.S. Bureau of Labor Statistics, the number of people aged 65 and older in the labor force (i.e., working or looking for work) soared from 4.2 million in 2000 to 6.7 million in 2010. As young people start careers and workers in mid-life and those in their 60s and beyond work together in greater numbers than ever, companies are faced with the challenge of contention in the workplace between these different generations who often approach their careers and how to do their jobs effectively very differently. Generational Conflicts on the Job The Society for Human Resource Management (SHRM) surveyed 400 randomly selected SHRM members in 2011 and found that conflicts …

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Webinar – DOL Fiduciary Rule: 3 Cs of Compliance

In a month and a half, the DOL Fiduciary Rule will take effect and many in the financial industry are adopting a “wait and see” approach to the rule, with plans to adapt their business once the rule takes effect.

Ebix Consulting partnered with some of the industry’s leading  experts to develop a webinar that addresses your concerns about the impending fiduciary rule and discusses a number of ways you can start preparing now.

 

To learn more about how you can implement solutions for the DOL Fiduciary Rule, contact us today!

Technology Takeover: What You Need to Know About Robo Advisors

Technology Takeover: What You Need to Know About Robo Advisors

Technology is catching up to the financial industry at a rapid rate. According to a report by KPMG and CBInsights, fintech raised more than $19 billion in the last year. Originally, financial technology, or fintech as it’s now called, was the term used to describe technology applied to the back-end of established consumer and trade financial institutions. Since the end of the first decade of the 21st century, the term has expanded to include any technological innovation in the financial sector, including innovations in financial literacy and education, retail banking, investment and even crypto-currencies like bitcoin. Some members of the financial industry are worried about the effect fintech will have on the financial world, specifically the effect of robo advisors. A robo advisor is an online wealth management service that provides automated, algorithm-based portfolio management advice without the use of human financial planners. “Advisors are treating it as a potential threat …

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