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Many companies struggle with performance reviews. Modern performance appraisal methods typically consist of scheduled interviews, compensation discussions, and self-evaluation. When necessary, reviewers also offer ways for underperforming employees to improve.
According to Compass Intelligence research, the wearables market will reach $8.5 billion by 2020 and will grow at a compound annual growth rate (CAGR) of a whopping 139%. And a huge portion of that growth will be due to the increasing rate at which employers will be implementing wearable technology in the workplace over the […]
We’ve all been exposed to company values at one time or another. Actually, “seen” company values is probably more accurate. They tend to manifest in the form of lofty statements a company puts on its website and in new employee manuals to bolster its standing in the eyes of employees, customers, and shareholders. And that’s […]
Finding and retaining top talent are the greatest challenges companies experience worldwide. Traditional job requisitions, recruiting practices, and interviewing and hiring processes are not working.
The Affordable Care Act (ACA) and its “play or pay” provision are jam-packed with terms of art, says attorney Ashley Gillihan. Let’s talk about “applicable large employer,” “full time,” and “hours of service” for starters.
Ensuring that an employer’s 401(k) plan is being administered in accordance with its terms and applicable law is a fundamental fiduciary responsibility. This includes complying with the Internal Revenue Code, the Employee Retirement Income Security Act (ERISA), and the regulations under both.
Acquiring and keeping the best sales talent is a priority for most organizations. With all the time, energy, and money that go into perfecting the hiring formula, the reality is that turnover still happens. The good news is that there is a way to reduce it.
How Can You Use Incentive Pay for Nonexempt Employees? “Pay for performance can apply to all levels of jobs within an organization. Recent studies have shown that organizations are beginning to use more variable compensation (or incentives) as it relates to the proportion of base pay, and they’re marketing that to employees—not only when they’re […]
Given that unemployment levels are quite low, retention is a major focus in today’s HR world. One aspect of employees’ satisfaction and retention is how meaningful they find their work.
A bill introduced in the House March 16 would amend the Family and Medical Leave Act (FMLA) to allow parents to take 12 weeks of unpaid, job-protected leave for the death of a child.