Employers will likely continue to struggle to attract and retain talented employees in 2025. Although employee quits have trended down in 2024, a recent report from EY found that 38% of employees are likely to leave their jobs in the next year. Despite the survey’s prediction...
Organizations are increasingly utilizing artificial intelligence (AI) in employment-related decisions. Although AI can offer several benefits, it also presents many challenges. AI is currently used in multiple aspects of employment decision-making, including recruitment, candidate screening, hiring, onboarding and performance evaluation. Businesses need to be aware...
Heightened claim frequency and severity have created a volatile cyber insurance market in recent years, with most policyholders facing ongoing premium increases. Fortunately, the segment experienced underwriting profitability in 2022, allowing conditions to soften in 2023. Yet, many insureds are still experiencing coverage restrictions, underwriting...
On April 29, 2024, the U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) published Field Assistance Bulletin (FAB) No. 2024-1 on the use of artificial intelligence (AI) in the workplace. The FAB follows a statement released by the White House announcing key AI-related...