Tag: business

What is Leave Sharing or Leave Donation?

Have you heard of a leave donation or leave sharing program? In this type of program, employers allow employees to donate some of their accrued paid leave time to other employees who have already used all of theirs but who need additional hours or days to cover an emergency.

Shipping Workers Overseas: Handle with Care

In yesterday’s Advisor, we discussed some of the common troubles that sending a worker overseas might incur as well as what to do about those troubles. Today we’ll look at a few more potential difficulties and their solutions. Health Concerns The Problem Last year’s Ebola outbreak brought health concerns abroad to the forefront with a […]

What is an Employee Value Proposition?

What is an Employee Value Proposition (EVP)? In short, an EVP encompasses everything an employer is doing to attract and retain employees. It includes all of the pay, benefits, rewards, and perks that come with being an employee of that organization. Basically, it’s the reason why an employee would want to work there as opposed […]

How Recognition Can Help Managers Earn Employee Trust and Reduce Turnover

By David Brennan, Achievers It’s no secret that satisfied employees are the most productive. Research shows that happiness has a dramatic effect on performance, and that business success is driven by engaged employees. Conversely, unhappy or disengaged employees are less productive and creative, and more likely churn, which represents a significant drag on an organization’s […]

Turnover Costs: What to Include

Of the many HR metrics we study, perhaps some of the most requested are turnover metrics. It’s important to know how much turnover we have so we can make estimates on how much this turnover is costing the organization and to take steps to reduce both the turnover and the associated costs. These costs have […]

Increase the Impact of Your Compensation System

So, what’s your problem? We’re not trying to be confrontational but asking a sincere question. If you’re one who designs, processes, or transacts your company’s compensation program, it isn’t a stretch to think that you may have a few headaches.

turnover

Reducing Turnover: Some Ideas to Try

The economy is maintaining a steady 2% rate of growth, and unemployment continues to fall. The market is ripe for many employees to seek better employment. As a result, employers are again looking to keep their best employees on board and motivated. This is no easy task. The cost of turnover is reason enough to […]

Survey: 1 in 3 Management Teams View HR as a Strategic Partner

It’s a given that HR professionals are actively involved in many areas of an organization, but where exactly? A recent BLR® survey looks at how HR plays a role in strategic business planning and other key strategic areas.