Practical HR Tips, News & Advice. Updated Daily.
Human resources (HR) data is one of the most important pieces of information stored in the modern enterprise, serving as a strategic, organizational backbone. It comprises some of an institution’s most sensitive data, including employee records, payroll information, and performance history. When this data needs to be migrated, whether for system upgrades or merger requirements, companies must ensure that the information remains intact […]
[Go here for 1. Straight and 2. Hurdle-Rate Profit Sharing] 3. Goal-Driven Profit-Sharing Plans In a goal-driven profit-sharing plan, profits are used to establish an incentive opportunity, but employees also must earn that opportunity, based on achieving other goals. These other goals are broad corporate goals, rather than unit operational goals, which are used to […]
In yesterday’s Advisor, Cara Parker, MBA, PMP, discussed high-performing teams and presented the first four of seven stages toward building them through the Drexler Sibbet model. Today, she presents the final three stages, along with an infographic of the process.
Employers would be wise to ignore the U.S. Department of Labor’s (DOL) regulations and guidance that permit exceptions timekeeping under the Fair Labor Standards Act (FLSA). The department says that the practice is fine, but experts warn that it sets employers up to violate another DOL mandate: “complete and accurate” time records.
by Kara M. Maciel, Esq. and Dan Deacon, Esq., Conn Maciel Carey Now more than ever, employers are at an increased risk of facing a retaliation complaint as regulatory rule changes and expansive federal laws make asserting these claims much easier for employees to prevail.
There are a lot of factors at play keeping employees in the workforce longer than before. For example, for many years, pensions have been on the decline (only a small minority of employers offer them now—meaning employees have more responsibility to save for their own retirement and may need to stay working longer in order […]
Widespread among employers today is a “neutral reference” strategy in providing employment references for current or former employees. In fact, many attorneys have urged clients to adopt this policy to decrease exposure to liability. Of course, when you’re the one seeking a reference on a job applicant, this type of policy severely limits the information […]
Work has changed and with that comes a need for a change in performance management.
Imagine going through the application process, then the interviews, and finally learning that you got the job, only to be fired from it before you even start working!
Whether you agree with him or not, one thing’s for sure: With President Donald Trump, there is never a dull moment! This edition of HR Strange But True is not meant to be a one-sided political discussion. It’s simply an example of how costly employee turnover can be, and with the latest hiring and firing—at […]