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hiring

The Amazon Example: Can AI Discriminate?

Instinctively, it would seem that using a machine, data, or artificial intelligence (AI) to review job applicants would create a process that is fairer by default. Unlike people, the machine doesn’t have subconscious biases. It doesn’t have feelings or gut instincts. It should be able to make judgments and comparisons solely on merit and create […]

How to Set Profit-Sharing Based on Goals, Not $

In yesterday’s Advisor we discussed straight and hurdle-rate profit-sharing; today, goal-driven profit-sharing plans. [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 […]

zoom

The Toll of Video Fatigue: How HR Professionals Can Help

Among the many legacies of COVID-19 will be the test of our endurance for spending time in front of screens. Remote workers are spending 29% more time in team meetings and 24% more time in one-on-one meetings than they were before the pandemic, according to a study from the calendar-assistant company Clockwise.

banking

Banking Industry Plans to Increase Hiring, Salaries in 2018

The labor market is tightening and turnover is increasing, but banks are planning to grow employment, according to data from the Crowe Horwath LLP 2017 Bank Compensation and Benefits Survey. Crowe, a public accounting, consulting, and technology firm, conducts the annual survey, now in its 36th year. The survey, which compiled data from 375 banks, […]

A Lumpsum Payment Beats a Merit Increase Every Time

Rubino, who is founder and president of Rubino Consulting Services in Pound Ridge, New York, offered his suggestions at the 64th SHRM Annual Conference and Exhibition, held recently in Atlanta, Georgia. Here are the rest of Rubino’s tips: [Go here for tips 1, 2, and 3.]                                   4. A Successful Plan Sets Total Compensation Integrated With […]

Productivity Strategies: Getting Employees Back to Work After an Injury

If you’ve ever had an employee out on workers’ compensation leave due to a workplace injury, you know how important it is to get that employee back to work as soon as possible. Not only does this impact productivity, it can also impact the well-being of the employee—financially, physically, and mentally. Getting back to work […]