Saturday, May 29, 2010

Cost of Funds Index Drops

The Federal Home Loan Bank of San Francisco announced May 28, 2010, that the 11th District Monthly Weighted Average Cost of Funds Index (“COFI”) for April 2010 is 1.825%. The index for March 2010 was 1.859%.
The COFI is computed from the actual interest expense reported for a given month by the Arizona, California, and Nevada savings institutions members of the Federal Home Loan Bank of San Francisco that satisfy the Bank’s criteria for inclusion in the COFI (“COFI Reporting Members”). Changes in interest rates on adjustable rate mortgage loans offered by many financial institutions are tied to changes in the COFI.

Thursday, May 27, 2010

Executive Order 13496 activates June 21, 2010

The Executive Order requires new posting requirements within the workplace dictating your employees rights to seek representation. Below is the wording of the notice that must be given to your staff:
  RIGHTS OF EMPLOYEES
UNDER THE NATIONAL LABOR RELATIONS ACT
"It is the policy of the United States to encourage collective bargaining and protect the
exercise by workers of full freedom of association, self-organization, and designation of
representatives of their own choosing, for the purpose of negotiating the terms and
conditions of their employment or other mutual aid and protection.
"Under federal law, you have the right to:
  • Organize a union to negotiate with your employer concerning your wages, hours, and other terms and conditions of employment.
  • Form, join or assist a union.
  • Bargain collectively through a duly selected union for a contract with your employer setting your wages, benefits, hours, and other working conditions.
  • Discuss your terms and conditions of employment with your co-workers or a union; join other workers in raising work-related complaints with
  • your employer, government agencies, or members of the public; and seek and receive help from a union subject to certain limitations.
  • Take action with one or more co-workers to improve your working conditions, including attending rallies on non-work time, and leafleting on non-work time in non-work areas.
  • Strike and picket, unless your union has agreed to a no-strike clause and subject to certain other limitations. In some circumstances, your employer may permanently replace strikers.
  • Choose not to do any of these activities, including joining or remaining a member of a union.
"It is illegal for your employer to:
  • Prohibit you from soliciting for the union during non-work time or distributing union literature during non-work time, in non-work areas.
  • Question you about your union support or activities.
  • Fire, demote, or transfer you, or reduce your hours or change your shift, or otherwise take adverse action against you, or threaten to take any of these actions, because you join or support a union, or because you engage in other activity for mutual aid and protection, or because you choose not to engage in any such activity.
  • Threaten to close your workplace if workers choose a union to represent them.
  • Promise or grant promotions, pay raises, or other benefits to discourage or encourage union support.
  • Prohibit you from wearing union hats, buttons, t-shirts, and pins in the workplace except under special circumstances, for example, as where doing so might interfere with patient care.
  • Spy on or videotape peaceful union activities and gatherings or pretend to do so.
It is illegal for a union or for the union that represents you in bargaining with your
employer to: discriminate or take other adverse action against you based on
whether you have joined or support the union.

"If your rights are violated:
Illegal conduct will not be permitted. The National Labor Relations Board (NLRB), an agency of the United States government, will protect your right to a free choice concerning union representation and collective
bargaining and will prosecute violators of the National Labor Relations Act. The NLRB may order an employer to rehire a worker fired in violation of the law and to pay lost wages and benefits and may order an
employer or union to cease violating the law. The NLRB can only act, however, if it receives information of unlawful behavior within six months.
"If you believe your rights or the rights of others have been violated, you must contact the
NLRB within six months of the unlawful treatment. Employees should seek assistance from the nearest regional NLRB office.
This applies even if you are a subcontractor of federal contractor with more than $10,000 in contract awards.

Wednesday, May 26, 2010

And the story keeps turning

First we had the Hartford, CT case of fireman who felt that they were discriminated against bases on test scores. The Supreme Court found that the City of Hartford had violated the rights of the fireman. In a similar case the City of Chicago lost a ruling to the same court  which stated that Employers who use tests that have the effect of ruling out disproportionate numbers of women and minorities may be sued each time they use the results to hire, the Supreme Court ruled Monday.

Monday, May 24, 2010

Relocation Announcement

Mage Solar GmbH, a Ravensburg, Germany-based manufacturer of solar energy products, will locate its North American headquarters and production facility for photovoltaic modules in Dublin, Ga.

Sunday, May 09, 2010

Is the change of HR over?

This post was reposted from Rehaul Blog and is well worth reading and pondering

#HRevolution Is Over. Now What?

by Lance Haun on May 8, 2010
WP Greet Box icon
Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic.
Note: In working on this post, I realized much of it was rehashing what Laurie and I spoke about at the closing session. For those who weren’t there, it is a good taste as to what was discussed. For those who were there, I went off both the notes and the comments we received during the end session.
Now the easy part is over.
That’s right. Simply coming to #HRevolution might have been a step in the right direction but it was an easy step. Maybe for some attendees, that was a tough step too. It isn’t going to be any easier going forward.
We talked a good game about the future of the HR function, social media, technology and other issues hitting our collective worlds. The question on everyone’s mind at the end of the day was “Now what?” Loads of information was shared. Debates and discussions flowed over into hallways, tweetups and dinners. And tonight people started flowing out of Chicago as quickly as they came in. The question I want to ask when you get to your desk Monday morning: Will your behavior change at all or are the things that inspired you getting shelved until you have more time (which ends up being never)?
While you can get other benefits from attending the unconference, the primary purpose of the unconference style is to get more participation from the audience. Participation demands action.
The hard thing for me is I can’t do these things. I’m not in HR anymore. And when someone asked me about how not being in HR anymore changes my credibility, I had to be honest.  I can inspire action. I can help with finding business cases or contacts or speakers or educational material. But I can’t lead an organization through the fire.
You can.

Making The Choice

Productive change isn’t accidental. You have to make the choice to alter your actions (even slightly). When we talked about breaking out of the social media echo chamber, I tried to emphasize that you have to actually first want to break out of the echo chamber in order to do anything else.
We have a strong group of core people right now but we need your boss, your peers and the people you know from around HR to become a part of this group. And part of the point was introducing them to social media on their terms and in their language. Instead of telling people to go to a blog, copy and paste the content into an e-mail and send it to them. Instead of saying my Twitter friend, say my colleague so and so.
All of these things are small things but they are the result of a conscious choice to provoke change.

Credible Activism

Becoming a credible activist in your own organization for your proposed changes is a risk. A risk that you should be ready to take. Jason Seiden said it best today when talking about facing the fear of failure whenever you first make that choice. You can alleviate that fear by just a tiny bit by being prepared to talk to them about the change on their terms.
Consuming content from the Wall Street Journal, Harvard Business Review and The Economist may not sound like the best use of an HR person’s time but it is actually one of the best ways to learn about the issues that your boss probably cares about. And that’s where a conversation can start.
Interested in additional education? It looked close to unanimous at the unconference that people believed getting a MBA was superior to getting an HR certificate when it comes to building organizational credibility.
Are all of these silver bullets? No. Your organization will have specific ways that you build credibility (which may mean doing things in a traditional way).

Influencing Beyond The Organization

There was a bit of a debate over whether job titles matter. They do, especially when you’re talking about building influence beyond your organization. There are certainly some caveats there but the biggest one is this: don’t waste the opportunity to leverage that title to positively influence. That means when you have the title, you step up to the plate and you take your best swing.
Here’s the main dig with that: when you’re talking about reaching out to those higher level executives and influencing their thinking and behavior, they want to hear it from someone like them. For someone you can’t get to know deeply, a job title that conveys authority can open their mind to ideas that they might have otherwise rejected. That’s unfair but true.
I wish we could have gotten more into how you can do it if getting that title is either impossible or if you’re just uninterested in it. When you’re in that position, you’re fighting the battle of of one by one. Instead of being a speaker where you can influence hundreds at a time, perhaps you can get a dozen or so people in the best case scenario. That’s still a useful function and I didn’t want anybody to get the impression that I was downplaying its importance.

What We Didn’t Say (On Purpose)

We didn’t say:
  • Start or keep blogging
  • Become a Twitter superstar
  • Look at every new piece of technology that comes out
  • Sell social media as the solution to everything
We don’t mention it because it is certain to continue whether we want it to or not. The battle to get our community of likeminded HR folks isn’t going to be won on that front. It is going to be won through reaching out to people who are generally unreachable through traditional social media using language that makes sense to them as well as building your credibility and influence.
Are you ready?

Monday, May 03, 2010

Relocation Announcement

Sky King has announced that it is moving its operational headquarters from Sacremento to Lakeland, Florida

Sunday, May 02, 2010

Our Common Future

I am writing this while sitting watching the reports on the pending catastrophic events in the Gulf of Mexico. The word of the time is that of sustainability. In that regard we have over the last several months have almost every night been subjected to an energy industry sponsored TV spot talking about how safe the drilling for oil in the gulf was. How environmentally sound the process was .How the drilling would provide 92 million jobs. Now that is all in jeopardy because the process was not as safe as we were lead to believe. So what do we do now? I would suggest several tactics:
1) Corporations need to find ways to reduce their carbon footprint so we do not need as much oil
2) We as individuals should follow in step to our corporations by reducing our energy use at home

For the immediate future, check with your individual hairdresser and ask them to contribute to A Matter of Trust (http://www.matteroftrust.org) which is collecting hair to be donated to the clean-up effort. The hair cuttings are put in nylon tubing to be used as buoys to stop the spread. Check and see if you can donate time, money or materials to one of the organizations gearing up to help save the ecosystem of the gulf and possibly the Atlantic coast of the US.
We all have a responsibility to ensure that the environment is not destroyed so that the future of our living space is not endangered. It is our responsibility to make sure we are using our assets reasonably in the future.