What Are the Benefits of Offering an ESOP?
Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.
Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.
Many businesses invest in training and development for their employees whether traditional classroom style workshops, online training, or through the hiring of a training company that comes into the workplace.
We often hear of violence in the workplace. Employers should also be aware that employees are not always the source of such violence. Domestic abuse can, and has spilled into the workplace, sometimes with tragic consequences. It’s a situation all too familiar to Lynn Fairweather, MSW, president of Presage Consulting and Training, LLC.
In a recent Recruiting Daily Advisor article, Steve Bruce shares general considerations for onboarding. But how do you make sure you don’t overlook an important consideration? And what about those seemingly minor considerations that make an impression on a new hire?
Today we’ll look at measuring skills and dealing with automation and artificial intelligence.
It’s easy to blame employees for their underperformance, especially when their managers are doing the same. The truth, though, is that sometimes it’s the managers themselves who are at the root of the problems.
Millennials employees are no longer a novel concept. As Scott T. Rollin notes in the Minneapolis Star Tribune, they’ve begun to move into middle management and other key employee roles. Coupled with employers’ worries about hiring and retaining qualified workers, the result is a mounting concern about how to compensate key Millennials.
A recent study conducted by PsychTests, a provider of psychological assessments for human resources, therapists, academics, researchers, and others, finds that people who embrace and thrive in changing times are not only resilient – they’re open-minded, curious, driven, and so much more.
Much of a new law affecting overtime pay in mills, factories, and manufacturing facilities in Oregon will take effect on January 1. In most circumstances, employers in Oregon must pay overtime wages after an employee has worked 40 hours in a week, but mills, factories, and manufacturing facilities also face a daily overtime requirement after […]
To ease employees’ concerns about access to their elective deferrals in the event of a financial emergency, an employer may provide for hardship withdrawals in its plan. This can provide some peace of mind during difficult times.