RJ and Makay

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Just over half of polled registered investment advisors (RIAs) do not have written job descriptions for the positions within their company, and two-thirds lack defined career paths for new hires, according to the first-quarter TD Ameritrade Advisor Index survey of 502 RIAs.  The survey somewhat explains why 22% of surveyed advisors last month ranked hiring as their biggest challenge in managing people.

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More employers are backing away from using social networking sites and search engines to screen employment candidates, according to a survey by The Society for Human Resource Management (SHRM).  Legal risks, including discovering information about protected characteristics, lack of verifiable data and lack of job related information are some of the reasons why companies have pulled back from recruiting at social sites.

Companies have little confidence that employees are taking the steps necessary to meet retirement savings goals, according to a recent survey by human resources consulting firm Aon Hewitt. Many companies are addressing the problem by offering workers a helping hand, they survey shows.

The survey of 210 mid-to-large U.S. companies with 6.2 million workers found that just 38% of employers are confident that workers are assuming responsibility for their financial future, down from 43% in 2010. Only 30% of companies said employees are sufficiently prepared for retirement, the same finding as last year.