We Know Next Weekly Recap: July 30th-August 3rd

News Updates

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

The 2012 Summer Olympics will offer a technologically unprecedented opportunity for workers to plug in and slack off to watch live-streaming games on smart phones, tablets or company computers. That doesn’t necessarily mean, however, that the London games, which get under way July 27, will hurt productivity much more than previous Olympics.

Employers opting to drop their health care plans in 2014 and pay the penalty imposed by the Patient Protection and Affordable Care Act (PPACA) will not benefit economically in the short or long term, a study published in July 2012 by Truven Health Analytics found.

With most laws, employers have less difficulty meeting the laws’ mandates as time goes by and they become more familiar with the requirements. Not so with the Fair Labor Standards Act of 1938 (FLSA), where lawsuits have multiplied as the law has increasingly fallen out of step with the modern workplace, according to Paul DeCamp, an attorney in the Washington, D.C., area office of Jackson Lewis, and former administrator of the U.S. Department of Labor’s (DOL) Wage and Hour Division.

The percentage of employers that conduct credit background checks on potential employees has dropped since 2010, according to a 2012 survey of 544 U.S.-based HR professionals. The findings are from a Society for Human Resource Management (SHRM) survey conducted from Dec. 28, 2011, through Feb. 7, 2012, with randomly selected SHRM members in the United States. Approximately three-fourths of respondents were at organizations solely based in the U.S., though nearly two-thirds reported that their organization operates out of more than one location in the U.S.

Building and executing effective talent management strategies is particularly challenging in rapid-growth market companies that are expanding into new markets, according to newly released research from Ernst & Young. The majority of 810 business executives surveyed lack confidence that their organization has or can build an effective international management team.

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.