Practical HR Tips, News & Advice. Updated Daily.
Pension plan sponsors lately have come to expect an increase in their bill for Pension Benefit Guaranty Corporation (PBGC) premiums as each new plan year begins, and 2019 is no different.
The economic effects of the COVID-19 pandemic have hit recruiters and Human Resources departments hard. Companies still hiring, or those seeking to hire when the economy reopens, should look to employee referral programs to save on the time and cost of recruiting employees.
by Thomas J. Lloyd III This election season has already proven to be, in certain respects, more animated than any that has ever come before. An ever-changing political landscape, fueled in large part by social media activism, has brought once-foreign political issues directly into the homes and workplaces of nearly every American. As the primaries […]
An employee culture can seem like an immeasurable concept. Sure, all managers want their employees to be happy at work, but is it really worth pouring time and resources into if you aren’t sure of your return on investment? But employee culture does, in fact, affect your bottom line. It actually impacts it quite a […]
The environment where employees work can have a huge effect on their morale, motivation, and performance. But when it comes to recruiting and retaining the best staff, an office’s physical design can also make a big difference for employers.
Cost is one of the reasons many companies don’t provide more employee training, which is a legitimate concern. Costs for virtual and augmented reality training, for example, can add up. Even when training is low-tech, there’s a labor cost involved for the staff conducting the training, as well as the time commitment of the trainees […]
The traditional five-day workweek has been the standard for over a century, but as workplaces evolve, so do expectations around productivity and work-life balance. A growing number of companies are testing—and in many cases, fully embracing—a four-day workweek. While the potential costs of this switch are obvious—a 20% reduction in hours worked—there are other potential […]
There are now five generations in the workplace, and while much focus has been on the potential for conflict and miscommunication between generations, a new study reports on some positive impacts of age diversity—increased innovation and problem solving! Among U.S. respondents, 87% said that a multigenerational workforce increases innovation and problem solving.
As national leaders debate ways to tackle health care troubles, employers may need to get creative in helping employees afford the health care they need. One way they can do that is by offering supplemental benefits.
Yesterday’s post offered five tips and best practices for giving your employees valuable feedback. Here are five additional tips: 6. Make it Timely and Relevant When providing feedback, ensure it’s timely and relevant. Don’t procrastinate in giving feedback, even if it’s challenging. For example, if brand-new customer service representatives fail to follow a certain script […]