Finding affordable family-forming programs for certain vulnerable or under-served employee populations represents an opportunity for brokers and advisors to be more strategic about serving their employer clients.
Artificial intelligence could do more harm than good without careful oversight, according to the Senate Finance Committee, which met to address how to prevent algorithmic bias and unfair care denials by health plans.
"All these tools and technologies have a common goal: creating an inclusive and equitable environment that allows everyone to bring their best selves to work," says Joseph Toma, CEO of Jugo.
The Equal Employment Opportunity Commission (EEOC) has provided guidance that AI programs will trigger Title VII discrimination violations when protected classes are disfavored in employment selection processes.
Some efforts have been overzealous to the extent they could be viewed as giving a discriminatory preference for a particular minority or group. "I thought, 'Holy cow, where was their in-house counsel on this? Where was their outside counsel?'" Shawe Rosenthal lawyer Fiona Ong recalled about one particularly egregious case.
No workplace is truly inclusive until all employees have an opportunity to obtain positions in equitable spaces where their voices are not just heard, but listened to.
Citibank's Diverse Asset Manager Program has received approval from the DOL to offer guidance to other firms if they wish to pursue DEI initiatives while working with service providers in ERISA-compliant retirement plans.
Industry leaders share their thoughts, comments, and concerns about diversity, equity, and inclusion in today's workforce and how it will affect their 2024.
The use of AI in employment is truly a new frontier. AI reflects the world from which it learns and those who create it. Employers cannot rely on AI tools alone for employee recruitment and management. Proactively mitigating algorithmic bias is not only warranted but, in some forward-thinking jurisdictions, mandatory.
Discouraging trends in a new Aquent talent study provides opportunities for companies to examine how to build high-performing teams and fairly compensate them.
The struggle to hire and retain key talent in the benefits community continues. Here's how to build a more diverse workforce and improve both your culture and results.