Practical HR Tips, News & Advice. Updated Daily.
The Internal Revenue Service (IRS) raised several annual threshold and benefit levels for 2018 when it announced them on October 19. Employers and retirement plan administrators can apply the new rates as they prepare their plans for next year and conduct nondiscrimination testing. Notice 2017-64 outlined the latest changes to cost-of-living adjustments for employee benefit […]
Is your sales compensation program actually sabotaging your results? It probably is, if it’s guilty of the frequently committed faux pas detailed below. They’re from Alan McAnally, sales consultant and president of Andover, Massachusetts-based SalesComp America, in an article on the company’s website. We’ve abstracted the gist of these sales force killers here. Killer #1. […]
During a particularly good episode of The Office, Michael Scott burned his foot, made a screaming SOS call to the receptionist imploring the good people of Dunder-Mifflin for assistance, wrapped his leg in bubble wrap, and took up crutches.
For years, managers from marketing to IT used big data to make smarter business decisions. Now, HR’s embracing it too—and taking big data a step further. We’re doing this by applying analytics to HR data. The result: people analytics.
When asked if merit-based systems are the most effective way of structuring pay, consultant John Rubino says, “No. I have never met a merit increase base salary program that I liked, and that was effective and motivational.”
Human Resources managers have a tough task on their hands whenever there is a need to hire a new employee. The process of hiring new staff can be very frustrating and time-consuming for HR department personnel. But if you are trying to spot talent, it takes more time, resources, and scrutiny.
Despite aggressive interest rate hikes by the U.S. Federal Reserve, the American economy continues to hum along. In addition to perplexingly resilient consumer spending, the U.S. labor market has remained tight. In September 2023, for example, U.S. job openings increased by 56,000 to 9.533 million open positions, while the number of layoffs decreased by 165,000. […]
Presenteeism refers to the situation in which employees are at work, but they are not as productive as they could be because they’re not feeling well—but they’re not feeling sick enough to take a day off, or they don’t have days off to take.
Just a few weeks ago, employers nationwide were struggling to fill positions during a time of record-low unemployment. But seemingly in the blink of an eye, the economic news has turned to temporary shutdowns, mass layoffs, and talk of a recession that could put some employers out of business permanently.
You think you hired the best candidate for the job. The new hire comes to work with a tremendous amount of enthusiasm for a new career. But after 6 months, that candidate is walking out the door, seeking other opportunities. Where did it all go wrong?