What Are the Benefits of Offering an ESOP?
Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.
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7 lessons for better managers from Alabama coach Nick Saban
by Dan Oswald Some of you might get tired of my use of sports stories to illustrate good management, but when I see something like the recent 60 Minutes piece on University of Alabama football coach Nick Saban, I’m struck by the parallels between coaching a sport and managing people. In the end, people are […]
Internal Versus External Trainers: Which Is Best for You?
Effective training of employees is key for any business. Your staff needs to understand the industry you operate, how your specific business operates within that industry, and how their efforts contribute to success. To develop and nurture well-trained employees, it certainly helps to have effective trainers. But should you develop trainers from within your organization […]
First Impressions: Nearly Half of Employers Know if a Candidate Is a Good Fit within the First 5 Minutes
Acing an interview is an important step in landing a job, but it’s no easy feat, and your time to show yourself off is limited. According to a new CareerBuilder survey conducted by The Harris Poll, around half of employers (49%) know within the first 5 minutes of an interview if a candidate is a […]
The Impact of COVID-19 and Remote Work on DEI
The COVID-19 pandemic has upended every aspect of work life around the globe, including the burgeoning world of diversity, equity, and inclusion (DEI). While there’s never an ideal time for a pandemic to emerge and hinder progress toward any goal, the timing of the pandemic could hardly have been worse for DEI initiatives. DEI was […]
How Trevor Jenkins Makes a Difference Through DEI
We’ve often found that the best diversity and inclusion (D&I) leaders are those who truly have a passion for the work. While that can be said for any job, diversity and inclusion (D&I) are all about people, and those who have a passion for D&I often excel at corporate D&I efforts because they have had […]
Pay Budget Survey Indicates Modest Rises for 2012 and 2013
Among employers awarding merit increases in 2012, the most commonly cited increases ranged from 2.5% to 3.0%. This corresponds closely with SHRM’s recently announced figure of 2.8%. Last year’s survey indicated an average “planned” merit increase for 2012 of 2.1%. Actual merit increases for 2012, however, were higher than anticipated for the first time in […]
Mandatory Furloughs—Attractive, But Legally Tricky
In these tough economic times, mandatory furloughs may be an attractive alternative for many employers. However, while furloughs don’t create many of the risks of termination, there are legal pitfalls to avoid. Law firm Littler Mendelson P.C.’s blog Insight offers advice for employers contemplating furloughs. Littler attorneys Alison S. Hightower, Eric C. Bellafronto, Barry Y. […]
4 Characteristics of a Great Onboarding Program
For today’s Advisor we have an article by Rickard Hansson, the founder and CEO of Incentive, a socially powered enterprise collaboration platform for mid-market companies and enterprise teams. Read on to learn about Hansson’s four essential qualities of an effective onboarding program. When it comes to new hires, orientation and onboarding are important for successfully […]
Competing Compensation Goals? Matrix Them
Yesterday, consultant David Cichelli talked about hurdles, modifiers, and multipliers for sales compensation. Today, his take on using matrices, plus an introduction to a new compensation webinar you won’t want to miss.