SEC: Amazon shareholders should vote on pay equity | McKesson announces 4% workforce reduction | Severe workplace injuries surpassed 10,000 last year, OSHA reports
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March 18, 2016
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SEC: Amazon shareholders should vote on pay equity
The Securities and Exchange Commission has rejected Amazon's request to omit a proposal involving gender pay equity in its annual shareholder vote. The proposal calls for Amazon to report information on its gender pay gap before an October deadline.
Reuters (3/17),  Fast Company online (3/18) 
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Recruiting & Retention
McKesson announces 4% workforce reduction
US drug wholesaler McKesson says it plans to lay off 1,600 workers in light of a strategic review of its cost structure that it conducted in January. The job cuts represent roughly 4% of McKesson's workforce.
Bloomberg (3/17),  The Wall Street Journal (tiered subscription model) (3/17) 
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Severe workplace injuries surpassed 10,000 last year, OSHA reports
US employers documented 10,388 severe work-related injuries in 2015, the first full year in which employers were required under federal law to report severe injuries, the Occupational Safety and Health Administration reported Thursday. OSHA officials speculated that the actual number of severe workplace injuries was much higher than reported.
The Washington Post (tiered subscription model) (3/18) 
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Benefits & Compensation
Employers increasingly value voluntary benefits
Voluntary benefits
Employers across a range of industries are placing more value on voluntary benefits to recruit and retain an increasingly diverse workforce, a Willis Towers Watson survey revealed. Identity theft protection, pet insurance, critical illness insurance and student loan repayment programs are among the voluntary benefits employers expect to add over the next couple of years in an effort to appeal to younger employees. Employers increasingly offer core and voluntary benefits as complementary products during open enrollment, says Amy Hollis, voluntary benefits leader at Willis Towers Watson.
Employee Benefit News (3/16) 
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Regulatory & Legal Update
Labor Department gives employers time to comply with new benefit statement rules
Employers have until the first day of the first plan year that begins on or after April 1, 2017, to distribute new annual summaries of health care benefits and coverage, the Department of Labor said. In practice, employers have until Jan. 1, 2018, to distribute the new forms.
Business Insurance (tiered subscription model) (3/16) 
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Technology
Experts: Human capital management benefits from caution, predictive analytics
Companies should be cautious about the sensitivity of data they disclose related to human capital management, an area that remains voluntary as no uniform global standards are in place, write Usha Mirchandani and Eddie Short of Aon Hewitt. Predictive analytics is a valuable way to evaluate human capital data for "rank-and-file" employees, but a bigger challenge lies in assessing "the quality and effectiveness of leadership," writes Mark Oppenheimer of Marlin Hawk.
CFO.com (3/16),  CFO.com (3/16) 
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The HR Leader
Trust is the secret ingredient for successful leadership
Trust is the single "magic ingredient" that every leader needs, writes Randy Conley. Without trust, organizations erode from within; with trust, they can be full of energy, direction and ingenuity. "It simultaneously acts as the bonding agent that holds everything together and as the lubricant that keeps things moving smoothly," he writes.
Chief Learning Officer online (3/17) 
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Workplace Chatter
How to make your desk a more peaceful place
Designers and feng shui teachers say a few simple principles can make any desk a more peaceful place. Among the tips from experts: Use leafy plants to block out distractions, develop a horizontal work flow with no vertical piles and spend money on a decent lamp.
Quartz (3/17) 
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No man is wise enough, nor good enough, to be trusted with unlimited power.
Charles Colton,
cleric and writer
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