Rewards matter. Sure, salary and benefits are key factors, too. But for any good employee, being recognized for effort is as important to them as their paycheck – with the added bonus that a well-planned employee recognition program boosts retention and productivity.
Every HR pro knows that there really is no “secret to better performance management.” Strategies and techniques for improving individual and team performance evolve and new practices emerge but the overall concepts that make up performance management are well-known and widely implemented. But there are some secrets to improving performance management results. The most important […]
Performance-based pay is likely the most common feature of the compensation structures of U.S. companies, experts say. And guess what? It’s also likely to be affecting your workers’ mental health. When employers transitioned to a pay-for-performance compensation plan (based on bonuses, commissions, profit-sharing, etc.), workers showed an increased use of anxiety and depression medications: 5.7% […]
What are your employees’ favorite perks? If your workforce is anything like the 1,227 participants in a recent Unum survey, the answer is time away from the workplace.
The ability to work from home has morphed into a highly valued perk. In response, many companies are implementing work-from-home-benefits for employees in an effort to attract and retain top talent, and to stay competitive. As these benefits become more popular, and more customized, employers are wise to take caution: It’s possible that without a […]
As the job market tightens, many companies turn to formal cross-training programs to make sure they’re operating at top efficiency. Since not all workers will be excited about learning a new set of skills, the steps taken to prepare employees for a cross-training program go a long way toward making sure it’s a success. Here […]
What manager wouldn’t love to walk into the office each morning to a group of smiling, eager employees, ready to take on the day? But the reality is … that just doesn’t happen.
Ask any manager, and they’ll most likely say letting an employee go is the worst part of the job. Terminations are always tricky, no matter how necessary. And even though sometimes it’s glaringly obvious an employee has to go, other times the decision can be agonizing.
There are few things an HR pro dreads more than when a great employee hands in their notice. The challenge of having to replace them can be overwhelming. And in this tight labor market, landing new top talent is no easy task, making retention an important priority. Luckily, there are usually signs a valued employee […]
As we move into 2019, organizations of all sizes are once again reviewing employee performance management strategies. In a field as dynamic and fast-changing as HR, the new year is seeing HR teams trying new approaches that include recent scientific insights, productivity research and technology developments. The traditional annual review is on its way out […]
It’s a job-seeker’s market right now, and hiring and recruiting are more complicated than ever. Those difficulties go beyond just finding the right person for the specific opening you have. What about candidates who are well-suited to your company, not just to your current positions? Keeping track of those candidates, as well as all the […]
Performance management theory and practice is among the fastest-evolving areas of human resources. New research from corporate performance think tanks reflects recent psychological insights into the power – and drawbacks – of how we provide performance feedback to employees.
Every HR pro’s been here before: You find a candidate with all the right qualifications, only to have them slip away right before closing the deal.
Here come the holiday gatherings, a chance to celebrate the year’s accomplishments, let the folks know you appreciate all their hard work … and do your best to keep a lid on things as the party rolls along.
The list is growing of companies that now have bring your dog to work “paw-licies.” Is yours next? Google, Zappos and Amazon are some big companies that are pet-friendly, but smaller businesses are going to the dogs too, adding to the now 7% of employers that permit pets.
Many employers support the idea that diversity is good for business.