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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

Wage & Hour Case Studies: Exploring DOL Violation Trends

Wage & Hour Case Studies: Exploring DOL Violation Trends

March 24, 2022
Introduction The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) enforces federal minimum wage, overtime pay, recordkeeping and child labor requirements of the Fair Labor Standards Act (FLSA). The WHD also enforces the Migrant and Seasonal Agricultural Worker Protection Act, the Employee Polygraph Protection Act, the Family and Medical Leave Act (FMLA), wage…
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How to Make Enticing Learning and Development Programs

How to Make Enticing Learning and Development Programs

March 20, 2022
Workplaces are currently facing a variety of challenges. One of the most pressing concerns is employee voluntary resignation; many entry-level, retail and hospitality workers are quitting in record numbers. However, this problem is affecting virtually every industry. Certain employers are combatting this trend by emphasizing how much value they can bring to their workers beyond…
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Understanding the Value of a Learning Culture

Understanding the Value of a Learning Culture

February 27, 2022
As employers evaluate how to combat today’s attraction and retention challenges, learning and development (L&D) efforts are a great way for organizations to find and keep employees. Research found that the majority of employees would stay at an organization longer if they felt the employer was invested in their careers. An authentic learning culture supports…
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5 HR Trends to Monitor in 2022

5 HR Trends to Monitor in 2022

January 25, 2022
Human resources (HR) departments are given more responsibility each year, often with budgets that don’t match these changes. As a result, HR teams must constantly innovate and stay on top of trends to remain competitive in today’s labor market. This article highlights five HR trends for employers to follow in 2022. 1. Hybrid Workplace Sustainability…
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SMART New Year’s Resolutions

SMART New Year’s Resolutions

December 28, 2021
The new year is here, which means millions of Americans are making their yearly resolutions. Making resolutions each year is easy, but sticking to them can be stressful. You’re not alone if you feel like your resolution fails a few months into the year. Making and keeping resolutions doesn’t have to feel near impossible, especially…
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ESG Trends to Watch

Environmental, Social, and Governance Trends to Watch

December 27, 2021
Environmental, social and governance (ESG) factors are often considered by socially conscious investors when evaluating companies on sustainability and social conscientiousness. While ESG metrics can be hard to measure, the risks surrounding them are increasing. As consumer, investor and shareholder action is increasingly focused on ESG, companies and their directors and officers (D&Os) must proactively…
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Senate Passes Resolution to Repeal Vaccine Mandate for Private Sector Employers

Senate Passes Resolution to Repeal Vaccine Mandate for Private Sector Employers

December 23, 2021
On Dec. 8, 2021, the Senate voted on and passed a resolution to repeal President Biden’s vaccine mandate for private employers. The resolution passed with a simple majority vote of 52 to 48. The resolution aims to overturn the Occupational Safety and Health Administration’s (OSHA) emergency temporary standard (ETS) that requires private employers of 100…
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Key Takeaways From OFAC’s Ransomware Guidance

Key Takeaways From OFAC’s Ransomware Guidance

December 21, 2021
To address the epidemic of ransomware attacks against public and private entities, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) updated its advisory on ransomware payments and included the first-ever sanctioning of virtual currency exchange. The Updated Advisory addresses the sanctions risks associated with paying ransomware actors. It also outlines OFAC’s…
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Understanding the Omicron Variant

Understanding the Omicron Variant

December 19, 2021
A new variant of coronavirus is prompting renewed concern regarding the pandemic. The World Health Organization (WHO) named the new variant “Omicron.” Omicron is labeled a “variant of concern,” the agency’s serious category for tracking. Such a designation is reserved for dangerous variants that may be more transmissible or virulent or could decrease the effectiveness…
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OSHA_Top_10_Most_Frequently_Cited_Standards_FY_2021_featured

OSHA’s Top 10 Most Frequently Cited Standards for Fiscal Year 2021 – Infographic

December 16, 2021
For additional industry updates and risk management resources, contact us today.
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