Practical HR Tips, News & Advice. Updated Daily.
For Root Learning, 2008 was one of its best years on record. The Sylvania, Ohio-based company was able to pay off its debt and award debt-retirement bonuses to its approximately 100 employees. However, the celebration was short-lived. With the downturn in the economy, sales dropped 30 percent during the first quarter of 2009, leaving company […]
If you’re not careful, you may get a little depressed when you think about keeping your company viable. You may feel like there aren’t many alternatives left. At this point, you’ve probably already cut expenditures everywhere you can find room—from office supplies, advertising, and incentive awards to insurance premiums. What’s left when everything has been […]
Part 1: The Problem with Paper When our saga begins, the paper is new. It is made into a three-part form: one pink, one canary, and one the palest of blues. No one really knows why it has three parts, but everyone who sees it appreciates its delicate hues. After a few months in a […]
Hey, sales compensation team: We know your little secret. We know about the shame and guilt, about the many hours you spend alone in your office. Don’t worry, we won’t tell. What we will do is help you find the motivation to change. Once and for all, put away that spreadsheet, whether handwritten or on […]
How is compensation like a cupcake? There are some surprising similarities, says Dan Walter, President and CEO of independent consulting firm Perfomensation. His curious comparison originally appeared at Compensation Café, where he argued that the most important thing to consider is the difference between frosting and icing. First, look at the following compensation trouble points: Generic […]
Guaranteeing a job may be a cringe-worthy proposition for most HR execs. How about you – woud you sign a new hire with a contract for 24 months of protected employment? How about if we told you that it could improve your ROI? According to HR Pro Tim Sackett, there is a scenario where guaranteed […]
If you’re the proud recipient of one of the 1,200 questionnaires recently sent to some 401(k) plan sponsors by the Internal Revenue Service (IRS), please don’t assume that it’s just routine and ask an inexperienced employee to complete it. Sandra Feingerts, a partner with Fisher & Phillips, LLP, worries that doing so could result in […]
Last year Goldman Sachs paid its five most senior employees a collective $69.5 million dollars. Chief Executive Lloyd Blankfein may have claimed that he was doing “God’s work,” but four orders of nuns beg to differ. The Sisters of Saint Joseph of Boston, Sisters of Notre Dame de Namur, the Sisters of St Francis of […]
Maybe it’s too soon to look backward and really gain insight into how the recession has changed our pay programs and the way employees see them. The perspective may be wrong; perhaps the whole picture will come into view much later. But just maybe there are already lessons we can learn. Only 3 years ago, […]
On-the-job injuries are all too common in some businesses. In assisted living centers, employees must lift, bend, and twist in their efforts to help the elderly residents perform their daily activities. This takes a toll on the backs of employees, even those trained in how to safely work with the elderly and infirm. Regency Pacific, […]