The Fed held off on raising interest rates and investors flocked to safety, as weak May jobs data and growing Brexit concerns have spooked financial markets.
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Recently, Natalie Douglass, Managing Director of Arthur J. Gallagher & Co.’s Management Liability Practice, and Adam Cottini, Managing Director of Gallagher’s Cyber Liability Practice, issued a paper on the harms of “social engineering.” Social engineering refers to the deceptive use of legitimate tools such as email, telephones or mail to perpetrate a fraud. For example, an email arrives, informing the recipient she has won a prize; a robocall “from the IRS” announces a criminal investigation; a letter, with no return address with a seemingly handwritten note scribbled on an ad for a weight loss program, “this really works!”
The Occupational Safety and Health Administration (OSHA) released its new Respirable Crystalline Silica Rule (Silica Rule) on March 25, 2016. Crystalline silica particles are commonly dispersed in the air when workers cut, grind, crush or drill silica-containing materials such as concrete, masonry, tile and rock. OSHA estimates that 2.3 million American workers are exposed to respirable silica, with 1.85 million of those workers in the construction industry. Other common sources of exposure are building products manufacturing, sandblasting, and hydraulic fracturing (fracking) of oil and gas wells.
As the pace and emotional pressures of everyday life impact both employees at home and in the workplace, as well as unknown individuals (including terrorists), a distressing and tragic trend is occurring — employees and unknown individuals are unable to control their emotions at work or have ulterior criminal motives and violence erupts toward co-employees, customers or third parties. The unfortunate statistics show that homicide is the number one cause of death for women in the workplace and the third overall cause for men and women. This trend is expected to increase in times of economic uncertainty and social and political unrest. In many cases, these acts of violence occur as employees face the prospect of lay-offs and corporate reorganizations in many industries.
This time of year brings thoughts of flowers blooming, birds singing and no more snow, ice, sleet and cold temperatures to face, so let’s sit back, relax and enjoy the drive. NO! NO! NO! As road conditions improve and temperatures warm up, life seems better on the road. However, professional drivers understand that you only trade one set of hazards for another.
An employer of choice creates an environment where employees want to work and stay engaged over the long term. Hear how to cultivate this type of environment in your organization.
Do you think that food contamination and product recall issues are just for trendy fast food restaurants and meat packers? Think again – companies across the food supply chain must consider protecting themselves against potential financial disaster with product contamination and recall insurance coverage. Be it accidental contamination, malicious product tampering, or mislabeling errors, a food safety incident and resulting recall can be a company’s biggest exposure, damaging to its brand and reputation.
Inside this newsletter: Doing More with Less, Family Promise Conference, The 2016 NACPA Convocation, and If I had 5 Minutes.
What can you do to proactively take control of your compensation approach?
"Employer of choice means being the place where people want to work. It means being known to have a great culture, great compensation and benefits. It’s a destination employer." Hear insights on what it means to be an employer of choice.