July 2013

Consumer Confidence Confusion

The latest reading on consumer confidence, released this morning by the Conference Board, showed a larger-than-expected decline in July. The drop in confidence comes just one month after reaching a five-year high. Meanwhile, a separate survey conducted by the University of Michigan found that consumer sentiment in July improved to its highest level in six years. So, what is with the mixed signals? “Americans have access to so much more information today that it becomes overwhelming and it creates a lot more uncertainty.

Royal Baby Prompts Paternity Leave Questions

This week, Kate Middleton and Prince William's much anticipated and oft discussed pregnancy ended with a baby boy. Prince William will take a 2 weeks paid paternity leave from the Royal Air Force, sparking debates worldwide about paternity policies. For companies, determining whether you must offer paternity, possibly due to federal or state regulations, or want to offer it as a benefit for retention and recruitment purposes is important.

Does your company have a paternity policy? Is it similar to maternity leave? Is it offered consistently across all levels of the company?