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Well-known for training its own employees on lean principles, Toyota partnered with the Evansville Vanderburgh School Corporation (EVSC) in Indiana to teach the school district how to make its process of collecting and distributing 14,000 netbooks to students in grades 6 through 12 more efficient. Since October 2012, members from the Toyota Production System Support […]
Employers performing employee background checks are actually subject to Fair Credit Reporting Act (FCRA) regulations. FCRA applies to all consumer reports and investigative consumer reports, whether they’re conducted in house or by a third-party such as a consumer reporting agency (CRA). FCRA “is a federal law, and it imposes minimum standards on employers that they […]
Employee background checks are used by an estimated 92 percent of organizations in one form or another before hiring someone. They can be quite useful, but employers should be careful because the EEOC has been cracking down on illegal use of background information. Are you aware of what you should and shouldn’t be doing with […]
5 Components of an Effective Pay-for-Performance Program There are 5 major components of an effective pay-for-performance program: Evaluation forms. These can be differentiated by employee groups if necessary. The evaluation form should clearly show the rating options for each category or goal and overall ratings. The form should clearly define what constitutes each performance or […]
Do you use compa-ratios to check to see if your employee pay is meeting your organization’s compensation goals? What is a Compa-Ratio? For those of us just getting started with compensation metrics, the term “compa-ratio” may sound foreign. What is it? What does it do? “It’s basically taking a salary and dividing it by the […]
Primary objectives for training employees are always to help them perform their jobs in the most efficient and productive way possible. But once those goals are well in hand, additional objectives can be beneficial to both your organization’s bottom line and its corporate reputation. Well-known for training its own employees on lean principles, Toyota partnered […]
Read what your CFO reads, Ahlrichs says, and send article clippings to the CFO to make your case over time. For example, says Ahlrichs, check out: CFO Magazine CFO.com The Economist Ahlrichs, a consultant with Gregory & Appel in Indianapolis, offered his take on CFOs at SHRM’s Annual Convention and Exposition held recently in Chicago. […]
How Can You Use Incentive Pay for Nonexempt Employees? “Pay for performance can apply to all levels of jobs within an organization. Recent studies have shown that organizations are beginning to use more variable compensation (or incentives) as it relates to the proportion of base pay, and they’re marketing that to employees—not only when they’re […]
From internships to continuous learning opportunities for employees, Northwestern Mutual Life Insurance Company (www.northwesternmutual.com) has received numerous accolades for its training and development initiatives. Last fall, Northwestern Mutual’s financial representative internship program earned a top 10 spot nationwide for the 16th consecutive year in the 2012 Vault Guide to Internships. “We’re extremely proud of our […]
Careful planning and follow-up are essential to effective training and neither has to break your budget, according to Sharon Birkman Fink, president and CEO of Birkman International, Inc. “It’s more about creativity than a big budget.” When preparing for a training session, she recommends that trainers find appropriate jokes or funny cartoons to include in […]