Employers benefit from having both formal performance review and compensation review cycles. Many companies have a semiannual performance review cycle. One of the two reviews often coincides with the normal annual salary review while the other is used sparingly for special or off-cycle salary adjustments. This formal process is helpful because it allows the employer
In a recent webcast, “Winning in 2013: Alternative Compensation Strategies to Boost Your Competitive Edge,” Author and Managing Partner of Lance A. Berger & Associates, Lance Berger presented some alternative approaches to talent management that will help companies remain competitive in unpredictable and volatile business conditions. During this webcast, Lance discussed what competitive business strategies should
Salespeople are a company’s ambassadors to the world. They actively promote the company and its products and services. They are the front line between the company and its customers, and are typically the driving force of revenues – top-line company growth. These employees have a direct impact on how the marketplace perceives their employer and
Companies Must Focus on Education, Employee Training to Bridge the Skills Gap There is, it seems, a skills gap in this country. Even as the national unemployment rate lingers above 8 percent — 12.5 million people — tens of thousands of jobs are going unfilled as employers contend that they just can’t find qualified candidates.
Question: Three weeks before my scheduled date of resignation, I got sick. After spending a Friday in the hospital and the rest of the weekend at home, I told my supervisor I expected to be in by the following Friday at the latest. She then told me I would be laid off because I had
Save Time During the Hiring Process by Spotting Red Flags Early Find the Right Candidate Today’s job market is very tight with many more job hunters than available jobs. For businesses, the good news is it’s a buyer’s market. But at the same time, it can be overwhelming to sift through the mountain of resumes
Tips for Improving Your Office Environment Quickly & Efficiently Don’t Let Morale Get Too Low Workplaces go through a myriad of changes including adjusting procedures, hiring, firing and promoting employees, obtaining new clients and adding or removing products and services. The nature of your company’s environment can influence employee morale in the workplace. Low employee
Get the Most Out of Your Employees Without Breaking the Bank Money Isn’t Everything Many employers lose good employees, thinking a pay raise or bonus will keep them going. Of course, money is always a solid motivator, as is a strong compensation plan, but a bigger paycheck is not always the better answer. Gas, groceries
A Little Debate & Disagreement Among Team Members Can Actually Lead to Better Results Conflict Isn’t Always Bad While conflict is often viewed as something to be avoided at all costs, that is not necessarily the case. It’s a fact that conflict is, at some times, inevitable in every relationship. Fortunately, however, conflict is not
7. Build Relationships Work to build relationships not only between yourself and your employees, but also amongst employees. Strong relationships will provide trust, an important foundation for any team. 6. Set Goals Give your employees goals to work toward as a group. Shared goals will encourage a team mentality, and require teamwork to achieve. The
It Might Not Be Illegal, But Employers Should be Wary More than two weeks after the Associated Press reported on the trend of employers demanding access to applicants’ Facebook accounts, politicians, job hunters and the social network itself continue to grapple with the story’s ramifications. The uproar began when AP reporters Manuel Valdes and
Tips for a Smooth Transition When Implementing Big Changes Within Your Company The ability to successfully introduce and execute organizational change is attained by winning support of the workers. If the employees are not holistically involved in change management, they are likely to show resistance in acceptance and implementation. Intuitive change communication is the
Employers Must Know Their Workers to Understand How to Get the Best Out of Them Employee motivation is vital to the success of any business. Without it, even the most skilled and capable workers can become unproductive, at which point the entire organization suffers. As an employer, you’ll need to manage your employees’ morale —
Tips to Retain Key Employees & Productivity During Periods of Interim Executive Leadership Companies hire interim executives to fill a void. In most cases, a company needs to complete a special project and has no one on staff with the expertise to oversee the work. Interim executives are often top level executives with
As social media use becomes more common in the workplace, new questions arise. Obviously some employees represent their companies on business-related social media accounts. But the big question is what happens when employees make the company look bad by posting questionable content on their personal Facebook or Twitter accounts? It goes without saying that
Innovation & Creativity is the Solution YOU NEED CREATIVITY TO COMPETE Today’s leaders may be educated, knowledgeable and experienced, but many are still struggling to keep their companies competitive in the current economic climate. Their expertise and scientific methods will not help them predict the future in our modern, ambiguous, complex and ever-evolving environment. In
Hiring Work-at-Home Employees Might be the More Productive (and Cheaper) Option Work From Home Employees Have Advantages If you think all employees are created equal, think again. There are major differences between telecommuting employees in comparison to their in-office peers. Here are ways remote workers can shine brighter than that awful fluorescent lighting that’s currently
Survey Finds More Employees Unhappy & Looking for New Jobs Constantly Will Your Workers Jump Ship? “I’m so sick of this job. I swear, this year I’m outta here!” You may not think so, but it’s more probable than not that your employees are at that point. Forget the fact that the decision to actively
Is “Hands-Off” a Good Idea? It has taken forever to fill that open position on your team, and now you want to get through the next few weeks with as little effort as possible. Just follow this handy guide to make the new hire experience easy for you, the “hands-off” manager. 10. Don’t Prepare for
How Income Inequality Affects Us All – And Why Companies Should Care Introduction Recently, we looked at some numbers that suggested the gap between rich and poor in the United States is growing. Then, we considered some possible reasons for this growing inequality. Now, we answer perhaps the most important question: So what? The numbers suggest the
