Practical HR Tips, News & Advice. Updated Daily.
This topic provides guidance on how to handle compensation issues in a way that attracts and retains the best talent and advances the strategic goals of your business. You get news and tips on what’s going on nationally and in the states, and updates on changes in regulations, possible governmental action, and emerging compensation trends.
The Pew Research Center estimates that 10,000 Baby Boomers will reach age 65 every day until the year 2030. While the Boomers in your organization may not be planning on retiring anytime soon, now’s the time to begin preparing for this labor exodus.
Most employers are looking for ways to maximize employee productivity and efficiency. But how can employees be motivated to work toward this goal? Some say it can’t be done, that motivation is intrinsic and therefore, nearly impossible to influence through external means. Others say that there are plenty of ways to improve employee motivation and […]
Retirement plan sponsors now have more information than ever before about the fees they are paying for plan services. This helps meet fiduciary obligations to monitor and assess the “reasonableness” of plan fees, but it also can lead to uncertainty about how best to meet these obligations. The large amounts of information provided by the […]
With serious outbreaks in several states, this year’s flu season is shaping up to be one to remember. Especially concerning is the fact that the vaccine may not be a good match for the virus. The Occupational Safety and Health Administration (OSHA) is encouraging employers and employees to maintain a healthy, flu-free workplace this […]
Many EVPs (Employee Value Propositions) consist of nice-sounding platitudes that are a litany of things that don’t reflect reality, says consultant Stephanie Tarant, PhD. Take Enron, for example.
Flu season typically runs from October through May with February as the peak month. Let’s avoid an outbreak in our workplace this year by doing a bit of refresher training on this common yet potentially deadly malady. The Occupational Safety and Health Administration (OSHA) asks employees, “Do you know your flu facts?” Check your […]
The Employee Value Proposition (EVP) is the total rewards value an employee or applicant derives from the everyday employee experience, says consultant Stephanie Tarant, PhD. Including compensation and benefits and more, it is the foundation of an organization’s reputation as a place to work.
Does your company have a set number of vacation days and a separate number of sick days that employees may take without losing pay? Or have you implemented a more catch-all system of paid time off (PTO), in which all vacation days, sick days, and personal days are lumped together?
I often talk about the characteristics of the people with whom I want to work. In their book How Google Works, Eric Schmidt and Jonathan Rosenberg talk about the type of people they had at Google. And the two of them should know—Schmidt is the executive chairman and ex-CEO, and Rosenberg is a former SVP […]
Employers have been shifting more premium costs to workers and increasing their deductibles. That, in addition to the fact that price growth in the health sector outpaces growth for the rest of the economy, has resulted in a disproportionate increase in employee out-of-pocket costs, a new Commonwealth Fund report says. Growth in health plan costs […]