The newly created Consumer Financial Protection Bureau (“CFPB”) recently issued regulations that modify the notices required under the Fair Credit Reporting Act (“FCRA”). The new regulations include one change that is significant to employers who regularly obtain criminal background reports, credit history reports, and other background checks on their applicants and employees.
Continue Reading Employers Required to Use New FCRA Notices come January 1, 2013
Fair Credit Reporting Act
Managing a Business and its Employees in Financial Crisis Requires Communication from HR
By Michael Moore on
Posted in Recruiting, Hiring, and Retention
The specter of business failure and personal financial setbacks wreak havoc on employee morale challenging Human Resources with dual management problems. First, HR needs to formulate a communication strategy to address the concerns of employees surrounding job security and compensation. Employee jitters surround the viability of their employer and the security of their jobs. Retirement savings evaporate as…