- HR Jolt
- Posts
- IRS announces new relief for late retirement-plan amendments and what this means for HR
IRS announces new relief for late retirement-plan amendments and what this means for HR
Interested in seeing high-fit candidates for open roles?
Meet Metaview’s AI Sourcing Agent — the ChatGPT for Sourcing.
It understands whatever you throw at it: a JD, a few notes, sample profile or even “Finance manager from recently IPOed startups who can do cash flow management.”
In minutes, it surfaces 20 candidates you’ll actually want to talk to.
📊 HR Trends: HR leaders in Singapore outline how partnerships will shape the next stage of HR
This report highlights how senior HR leaders in Singapore are building stronger ties with business units to guide workforce decisions. They are focusing on clearer communication with executives, shared ownership of talent outcomes and stronger cooperation with finance and compliance teams. Leaders interviewed in the report believe HR will shift toward broader advisory roles in the coming years, with stronger emphasis on planning, capability building and organisation-wide trust. Read more.
🎧 HR Insights: IRS announces new relief for late retirement-plan amendments and what this means for HR
The IRS has introduced a policy update that allows employers to correct late amendments to qualified retirement plans without heavy penalties. This adjustment, outlined by JD Supra, gives HR and benefits teams more room to rectify errors linked to plan documents, adoption deadlines and operational changes. It also strengthens the correction path for organisations facing compliance gaps. HR leaders responsible for retirement-plan governance should review the updated guidance to confirm that plan documentation aligns with current rules and administrative practices.
💡 HR Tips & Tricks
Tip of the Day: Assign an HR team member to spend two days working inside another business unit. They observe daily operations, pain points and priorities. After the sprint, they share three practical recommendations for improving HR support. This helps HR stay grounded in real issues and strengthens relationships with frontline teams.
Trick of the Day: Join a regular team meeting in another department and listen to how employees refer to HR policies during real conversations. This gives direct insight into how policies are interpreted, misunderstood or applied. HR can then refine wording and update internal guidance before planning major updates.
🧾 HR Case Files: HR Rebooted launches Governance 1st, an AI-governance platform designed for HR teams
HR Rebooted has released Governance 1st, a platform created to help HR leaders manage AI usage inside organisations. The system includes templates, risk assessments, policy guidelines and oversight tools that help HR teams adopt AI with stronger governance and clearer accountability. It marks a shift toward HR owning both people strategy and oversight of emerging technologies.
Key Takeaways
The platform equips HR with structured tools for AI-policy creation, audit trails and risk control.
It positions HR as a key owner of AI governance rather than a downstream user.
The move reflects a growing expectation that HR understands both the potential benefits and compliance risks of AI-based decisions.
Governance 1st brings HR into the centre of technology oversight, signalling a broader change in HR’s responsibilities.
🧰 HR Toolbox
Stay equipped with the latest HR events and resources.
Resource of the Day - The First 90 Days: Engagement Checklist
Don’t get caught up in onboarding administrative details. Automate paperwork & training so new hires can focus on the business at hand from day one. Get Paycor’s checklist to see where your company can make HR process improvements. Download Your Copy.
Event of the Day
The upcoming International Conference on Society for Human Resource Management (ICSHRM-2025), happening at Los Angeles on Nov 25th, will gather HR practitioners, academics and organisational leaders to discuss how changing generational values are influencing culture. The agenda includes sessions on engagement, leadership behaviour, workforce expectations, and approaches for building trust with younger employees entering long-term career paths.
Showcase your brand/product/services in our newsletter and reach over 39,000 industry leaders in human resources! Contact us today to advertise with HR Jolt.
Disclosure: Some content in this newsletter may be sponsored or include affiliate links. HR Jolt might earn commissions or have a business interest in featured companies. Read our privacy policy.
