Practical HR Tips, News & Advice. Updated Daily.
How much does poor communication cost organizations? A 2011 study that surveyed nearly 400 companies with over 100,000 employees each pegged this figure at $62.4 million per organization per year. The annual productivity losses owing to poor communication were estimated to be $26,041 for each worker in the organizations.
Bonuses Included in Overtime Calculations? Under the federal Fair Labor Standards Act (FLSA), bonus payments are divided into discretionary and nondiscretionary types. Nondiscretionary bonuses are included in an employee’s regular rate of pay for the purpose of determining overtime, while discretionary bonuses are not included in an employee’s regular rate of pay to determine overtime. […]
Severance benefits are payments made to employees upon termination of employment caused by events that are beyond their control, such as workforce reductions, plant closings, company takeovers, and mergers. Severance benefits are sometimes offered to encourage early retirement or voluntary resignation, or to discourage terminated employees from suing an employer.
The U.S. Department of Labor (DOL) has announced its new regulation outlining who is eligible to collect overtime pay, and it’s a rule expected to be far more palatable to employers than the previous attempt to raise the salary threshold for workers exempt from the Fair Labor Standards Act (FLSA).
Imagine going through the application process, then the interviews, and finally learning that you got the job, only to be fired from it before you even start working!
Transparency is a corporate value to strive for, but not all companies are ready to be completely transparent about pay. While some employers feel the benefits of open salary policies outweigh the risks, others are understandably concerned about the potential challenges they can create.
Countless formal and informal studies show that most employees retain at least some company data when they leave a job. The reasons vary from the benign (such as when an employee inadvertently keeps a work flash drive) to the more malicious (such as in the case of an employee’s deliberate theft of company trade secrets […]
[Go here for 1. Straight and 2. Hurdle-Rate Profit Sharing] 3. Goal-Driven Profit-Sharing Plans In a goal-driven profit-sharing plan, profits are used to establish an incentive opportunity, but employees also must earn that opportunity, based on achieving other goals. These other goals are broad corporate goals, rather than unit operational goals, which are used to […]
“[HR] You have the hardest job in business,” says Laszlo Bock, former SVP of People Operations at Google.
Yesterday, we looked at the DOL’s recent clarification of the parental relationship under the family leave laws. Today, some examples of “in loco parentis” relationships, and tips for handling child-related leave requests.