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Employee feedback, compliance, government forms, leave policies, recruiting: the list of tasks that an HR professional have to perform is nearly endless. Just as important as any one task is how professionals put them all together into a united front. Welcome to the Strategic HR topic.
This past year the United States unemployment rate sank to the lowest it’s been since 1969, holding at only 3.7%. This is also the eighth consecutive year that jobs have been added to the economy and wages have increased. Clearly, a rate of low unemployment is positive for the job market and U.S. economy as […]
In yesterday’s post, we explored the benefits of making your employees shareholders of your organization. Today’s post will cover the drawbacks and challenges behind making your employees shareholders.
In two previous posts, we’ve been discussing the need for, and the merits of, implementing a hierarchical pay raise structure as opposed to a more or less flat structure whereby all employees generally receive about the same pay increase.
Online job boards, like Glassdoor, are a great way for companies to check out what employees have to say about the culture, pay, and overall experience of working at that specific company. However, a recent Wall Street Journal (WSJ) investigation showed that companies were manipulating employee reviews in the hopes of attracting top talent.
After the introduction of the Accountable Capitalism Act last year, many organizations are starting to explore different ways to offer their employees a stronger voice, more business equity—essentially, more “skin in the game.” Many start-ups have already been offering their employees shares and stakes in their company for years because they don’t have many other […]
In a previous post, we discussed the precarious situations many employers find themselves in when it comes to employee pay increases. We currently find ourselves in a tight labor market with relatively low unemployment, and employees consistently list financial compensation as one of the primary factors in accepting and staying at a job.
After the introduction of the Accountable Capitalism Act last year, many organizations are starting to explore different ways to offer their employees a stronger voice, more business equity—essentially, more “skin in the game.” Many start-ups have already been offering their employees shares and stakes in their company for years because they don’t have many other […]
With the significant advancements in technology, the workplace has continued to evolve over the past century at rapid rates. And if one thing is certain, it’s that change is still constant and inevitable in the workplace in 2019 as well.
With the unemployment rate hovering at historic lows, companies need to work hard to attract and retain top talent. And while they’ve tried to do this with a number of different incentives—such as greater workplace flexibility, increased healthcare benefits, positive company environments, etc.—salary remains the primary draw for a big chunk of employees.
A good “fit” has long been an important consideration for employers when evaluating job applicants. Even an employee with stellar work and academic credentials may not be a great hire if he or she doesn’t seem to have the personality and values that mesh with the organization’s culture.