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Scorecards are powerful aids for improving pay for performance, reducing entitlement, and, often, increasing employee acceptance of your pay program, says Consultant David Insler. Compensation Scorecards A compensation scorecard is any dissemination of aggregate compensation information beyond the HR organization. There are several types of scorecards, says Insler, who is the senior vice president at […]
According to research, training employees in soft skills—including communications-based skills—boosts productivity and retention levels by 12% and delivers a 250% return on investment based on higher productivity and retention.
In a knowledge-based economy, companies upgrade their “capital” not by overhauling outdated machinery but by upskilling their workforce. That’s because human capital is increasingly the most important asset companies possess. And while humans aren’t as static as machinery, they still need to be retooled and upgraded.
It’s easy for an employer to say that it values a diverse workforce; it’s another thing to show that. By earning a perfect scores in the annual Human Rights Campaign’s Corporate Equality Index survey, Diageo (www.diageo.com) has demonstrated its commitment to creating an inclusive workplace for gay, lesbian, bisexual, and transgender (GLBT) employees. “Diageo not […]
In part 1 of this article we began to explore what Catherine Mattice, a consultant, coach, and trainer had to offer about workplace bullying, including its similarity to harassment and the differences under the law. Today we’ll look at the importance of accountability as well as some methods for preventing bullying.
Valentine’s Day is here and as most people know, falling in love is simply wonderful. Falling out of love? Not so much. And when romantic relationships happen in the workplace, employers need to be sure they’ve taken steps to keep romance from becoming a legal liability.
Performance evaluation—it’s hard to get it right, but, unfortunately, it’s easy—and expensive— to get it wrong. We’ve identified the 10 most common mistakes of managers and supervisors who conduct performance appraisals. We call them the “10 Sins.” Sin #1. Failure to set meaningful goals “Well, Sandy, I think we did fairly well this year, […]
Virtually all managers have experienced situations in which an employee failed to follow instructions. While there are certainly cases in which an employee was simply negligent or disobedient, it’s also extremely common for the underlying issue to be miscommunication. The manager believes he or she communicated one thing, but the employee thinks he or she […]
Does your organization use a (paid time off) PTO bank instead of having separate vacation and sick days? It’s becoming increasingly popular for ease of administration alone. But using PTO is not without its own problems, especially if not implemented well.
Engagement plays a key role in managing and retaining employees of all ages. As our new research indicates, real-time feedback, socially engaging experiences, and mobile access play a key role in influencing engagement with Millennial, Gen Z, and Baby Boomer members of the workforce. And all of this can be managed more effectively with the […]