We Know Next Weekly Recap: August 20th-24th

News Updates

In case you missed it, here’s what happened on We Know Next this week.

The current Employment Eligibility Verification Form, commonly referred to as Form I-9, expires Aug. 31, 2012. Once it expires, what should employers do? All U.S. employers must complete and retain a Form I-9 for all citizens and noncitizens they hire for employment in the United States, according to the U.S. Citizenship and Immigration Services (USCIS).

Analysis of Generation Y participants—born between 1979 and 1991—in defined contribution plans revealed stronger selection of target-date funds and Roth 401(k) options compared to other age groups, according to data from Fidelity Investments, a large retirement plan services provider. In the second quarter of 2012, Fidelity analyzed its approximately 11.9 million 401(k) accounts, including 2.2 million Generation Y participants. 

Viewers turning in to CNN, CNN Headline News, and CNN’s Airport Channel beginning Aug. 26, 2012, will see a 30-second commercial from the Society for Human Resource Management. “The pace of change is accelerating—the way we perform, compete, and grow,” intones a voice-over for the ad as images of a rotary phone, a computer keyboard, then cell phone and e-tablet whizz by.

When employees observe workplace misconduct such as stealing, safety violations or substance abuse—and decide to report it—most will go to their supervisors to do so, an ethics survey finds. Sixty percent of the 2,172 workers surveyed in June 2012 by the Ethics Resource Center (ERC), a nonpartisan nonprofit organization, said they will report misconduct they observe to their supervisor first. About one in five (21 percent) will report to higher management and about one in 10 (11 percent) will call a hotline. Just 1 percent will go first to an outside agency.

The latest Society for Human Resource Management annual employee benefits survey report highlights interesting trends. 2012 Employee Benefits: The Employee Benefits Landscape in a Recovering Economy discusses how benefits have changed during the last 10 years and, in particular, in the aftermath of the Great Recession. The report finds that "over the last three years, HR benefits budgets have experienced substantial cuts because of the economy. As a result, employers are shifting employee cost accountability and decision-making to employees. This has forced organizations to be creative in their efforts to remain competitive in the recruitment and retention of employees.

We Know Next is the leading resource for business executives, policymakers and human resource leaders to explore and discuss the latest workforce and workplace trends—providing the in-depth research and insights needed to adapt and take advantage of what’s next.