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Organizations that deliver extraordinary results typically embrace an absolute clarity of purpose and then align essential internal systems, incentives, goals, activities, and functions to achieve it. Many notable businesses that exemplified such absolute clarity described their purpose with a short phrase such as Apple’s: “Insanely great products;” General Electric’s: “Number 1 or 2 in any […]
If yours is a small company, you may feel envious about the fabulous employee benefits packages offered by the big guys. Just like them, you need to attract and retain key talent to move your business forward. But with their fancy dry cleaning pick up service and pet insurance, how can you compete with larger […]
Employees may be one of the largest expenses for a company, but talent is also a company’s greatest asset. And in today’s increasingly competitive marketplace, more and more companies are looking to benefits packages to maintain their competitive advantage to attract and retain top employees. Because of this, it is critical for human resources departments […]
It’s no secret that the recession of 2007/08 resulted in an array of new regulations, especially in the financial services arena. Banking, especially, became subject to new regulation intended to avoid the circumstances that originally led to the recession. The regulation doesn’t end with your mortgage loan or bank money market account. We spoke with Kathy Smith, President of Bank Compensation Consulting to find out how the industry’s highly regulated environment has led to creative compensation solutions—many of which can apply to any industry.
In his new book I-Engage, Your Personal Engagement Roadmap, best-selling author Bob Kelleher argues that in order for employers’ engagement efforts to be successful, they must seek to engage not just the “employee,” but the “whole” person. In Part 1 of our interview with Kelleher, he explains why this is the missing element of traditional […]
Despite substantial investments made by companies over the past decade or so to address employee engagement, overall levels of engagement are disappointingly low, explains Bob Kelleher, a best-selling author, keynote speaker, and consultant who travels the globe sharing his insights on employee engagement, leadership, and workforce trends. For example, he notes that a 2016 Gallup […]
Retirement plan recordkeeping, trust, and custody fees—in a steep decline for years under pressure from sponsors, participants, federal regulations, and litigation—remained flat for the first time since 2010, according to a new survey.
HIPAA has become synonymous with medical records privacy, for good reason. Enacted more than 20 years ago, it gives individuals the power to decide who has access to their health records and has forced major changes in the way health care providers, health plans and businesses handle records.
In early August, Google seized national headlines by firing software engineer James Damore for publishing an internal memo in which he argued that women are inherently worse at technology jobs than men for “biological” reasons. In addition to the important societal issues Google’s action implicates, it raises interesting labor and employment law questions about how […]
Being a company that gives back has just as many positive outward facing outcomes as inward. There is rarely a downside to being a company that supports employee volunteerism. My colleagues and I at Worksmart have outlined the top five reasons to prioritize charitable efforts as a company—and we challenge you to get your teams […]