Practical HR Tips, News & Advice. Updated Daily.
To understand the importance of a total remuneration perspective, look at this table that reflects information about your CEO’s compensation, says Fichthorn, vice president in the Philadelphia office of Hay Group. CEO Compensation Comparison—Total Direct Compensation Marketplace Median President, XYZ Corp % of Median Base Salary $642,600 $949,000 148% Total Target Cash $1,099,100 $1,328,600 […]
Participate in this brief survey and see how your health benefits stack up against those of other successful companies. The survey takes only a few minutes to complete. Complete the Survey Now To show our appreciation we’ll send a PDF of the survey results to all participants. (Be sure to include your contact information where […]
Do your employees and clients view your workplace as just a facility? At Square, founded by Jack Dorsey, inventor of Twitter, the workplace is an “experience”—complete with an on-site barista! According to an article in Fast Company, the mobile credit-card and money payment system company, with offices in San Francisco, New York City, and Atlanta, […]
About 30% of the organizations Sibson Consulting studies do pay for performance well, consultant Jim Kochanski says. That means it is possible, but it’s not easy. Fortunately, there are nine factors that can help the other 70%, he says. Most employers say they have pay for performance, says Kochanski, but they don’t. Unfortunately, employees spot […]
A Texas printing company has paid over $100,000 for allegedly violating the Fair Labor Standards Act (FLSA). Investigators reported that the company used two different time clocks and were under contract by two separate staffing firms. An investigation conducted by the U.S. Department of Labor’s Wage and Hour Division’s Dallas District Office determined that the […]
Drug tests are behind a number of strange but true workplace stories. A few years ago there was the wife who put marijuana in her husband’s meatballs instead of oregano to get him fired from his life-threatening job—he was a cop. And then, there was the man who asked his friend to shoot him to […]
Special from the Advanced Employment Issues Symposium, Las Vegas When managers decide to fire someone (often way later than they should have decided) they always seem to want it done that minute. Of course, that’s one of the most dangerous things you can do, but how do you calm the manager down? asks attorney Dan […]
Employers may find this new information useful for planning or justifying their retirement plan expenses: Contrary to the popular belief that defined benefit retirement plans are more costly for employers to administer, data from the U.S. Bureau of Labor Statistics indicates that private-industry employers now spend more per employee hour worked for defined contribution plans. […]
We’ve shared Ahlrichs’ truck loader story before but it’s worth repeating as it clearly illustrates what can happen when different parts of the team are using different metrics. Ahlrich, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. offered his tips at a recent webinar sponsored by BLR and […]
And going one step further—if we can do a good job of managing turnover among top producers, we’ll improve other key metrics like retention of customers, says Ahlrich, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. He offered his tips at a recent webinar sponsored by BLR and […]