Top Performing Company Pay Practices: 2016 PayScale Report
So what’s new in the way your company approaches compensation? As the economic climate continues to evolve, so does the strategy at many of your peer organizations.
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Continuing Employee Development as Your Company Is Downsizing
Keeping morale high and learning commonplace and desirable across your organization as it’s downsizing and letting employees go is no simple task—and can, of course, only happen after you’ve already proved that your L&D department is essential to your organization and its already stretched budget.
Supreme Court clarifies employer obligations related to pregnant workers
The U.S. Supreme Court ruling in Young v. United Parcel Service means employers need to think twice before treating pregnant employees under job restrictions differently than they treat nonpregnant employees who are similarly unable to perform their jobs temporarily. In a 6-3 ruling handed down March 25, the Court reached for middle ground between interpretations […]
Compensation Planning Can Be a Jigsaw Puzzle
Putting together a compensation plan can be a lot like solving a jigsaw puzzle. Often, all the pieces are there but jumbled up so the overall picture isn’t clear. It is time-consuming process and, like any good puzzle, takes a bit of patience.
Pension Plan Can Use Rate that Reduces Lump-sum Payouts, Court Affirms
Amid historically low interest rates, the U.S. 7th Circuit Court of Appeals’ recent affirmation of a retirement plan’s choice of discount rate for converting annuities into lump-sum payments to beneficiaries should reassure defined benefit plan sponsors facing similar challenges. In Dennison v. MONY Life Retirement Income Security Plan (No. 12-2407, 7th Cir., March 6, 2013), […]
How to Create Leadership Development Programs for the Public Sector (Part 1)
A lot of time and research is spent on fine-tuning leadership development programs for the private sector. But leadership development programs are equally important for the public sector, if not more so. The Boston Consulting Group (BCG) concludes that frontline leaders in the public sector will create the government and public entities of tomorrow—that they’re […]
More Tips on Communicating Your Employee Value Proposition
In part 1 of this article, we were discussing the employee value proposition (EVP), which is the set of things that employees value that are received as part of working there. It’s essentially the reasons employees should work for you rather than the competition. Every organization has an EVP, but not every organization takes steps […]
Rural counties must reverse Millennial labor drain
by Dinita L. James Hillbilly Elegy: Memoir of a Family and Culture in Crisis is the nonfiction best seller by J.D. Vance, 31, of Middletown, Ohio, with roots in the hills of Kentucky. He has gained renown since the November 2016 presidential election as a Donald Trump “voter-splainer,” a tribune of the white working poor. […]
Use Training To Keep Employees Engaged
Headquartered in Windsor Locks, Connecticut, Hamilton Sundstrand (www.hamiltonsundstrand.com) is among the world’s largest suppliers of technologically advanced aerospace and industrial products. A subsidiary of United Technologies Corp. (www.utc.com), the company designs, manufactures, and services aerospace systems and provides integrated system solutions for commercial, corporate, and military aircraft. In addition, Hamilton Sundstrand is a major supplier […]
Are Your Employees Also Customers?
Being a user of your company’s products or services isn’t a prerequisite for employee engagement, but it doesn’t hurt.