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Comparative Compensation Scorecards: How’m I Doin’?

Unit Performance Differentiation It’s hard to read the numbers in the chart below, but it’s easy to see what the chart is saying. The collection of data on the bottom right is for employees rated “needs improvement.” The middle grouping is for “successful” performers, and the grouping at the right is for “exceptional” performers. The […]

Perks, Imputed Income, and Phantom Stock—Exec Comp’s Tools

Wudyka is managing principal of Westminster Associates in Wrentham, MA. His tips came at a recent BLR/HRhero-sponsored webinar. Perquisites Perquisites are benefits unique to executives, says Wudyka. As some may be taxable, always clarify that issue before finalizing your plan. Some examples of perquisites: Country club memberships Cars Financial or legal planning Computers Phones Assistants […]

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How to Hack Hiring to Reduce Bias and Drive Success

According to research by The Center for Talent Innovation—a nonprofit think tank and thought leader in diversity and talent management—diverse companies are 70% more likely to capture new markets as they grow.

Canada Ready to Roll: Marijuana Becomes Legal in October

Canada’s Cannabis Act—making recreational marijuana legal—will take effect on October 17, 2018. The country’s federal parliament passed the measure on June 19, 2018, and Prime Minister Justin Trudeau quickly announced the new law’s effective date. Medically prescribed marijuana had previously been legalized.

Cutting Corners When Cutting Employee’s Hours Can Cost Employers

As surely as the word “layoffs” have become part of nervous break room conversations in companies across the country, enterprising employers have sought out creative alternatives to the standard layoff regime of cost-cutting. Using tactics such as hiring freezes, offers of unpaid leave, shortened workweeks, and even pay cuts, employers may be able to avoid […]

The Barriers that Exist for Job-Seeking Veterans and How to Eliminate Them

For military service members, transitioning to civilian life is riddled with challenges and finding a job is one of the leading obstacles. Job search struggles affect nearly 200,000 veterans every year, and only one in four veterans have a job lined up after leaving the armed forces, according to the Pew Research Center. Some of […]

Efficiency is Critical for Recruiting Success in 2019

As we go deeper into 2019, employers across the country are turning to technology to help fill vacant roles, speed up the hiring process, and offer candidates and employees an experience they’ll never forget. Hiring intentions continue to remain steady and because of this, more employers are now realizing that efficiency is the key to […]