Practical HR Tips, News & Advice. Updated Daily.
In yesterday’s Advisor, consultant Michael Strand began laying out his seven steps for market pricing. Today, steps 5, 6, and 7, plus news about a comprehensive wage/hour compliance tool for HR managers. Strand, owner of consultancy HR Dynamics Inc., offered his seven steps to successful market pricing at a recent webinar hosted by BLR/HRhero. [Go […]
It’s challenging to reward tech workers, says consultant David Wudyka, but you have to find a way to do it or you’ll lose them. Wudyka is the founder and managing principal of Westminster Associates, a Massachusetts-based human resource and compensation firm that specializes in pay, performance, and productivity issues. His tips came during a recent […]
For many employers, he says, perks and benefits—from healthcare to club membership to financial advising to concierge service— offer the greatest room for growth and the most flexibility for use as retention tools in 2012. The primary reason? They’re much more cost effective than straight-up pay raises, Wudyka says. Wudyka is the founder and managing […]
Reference to market is critical for every compensation program, says consultant Michael Strand. Without market pricing data, you’re likely to underpay (and lose your best workers) or overpay (and lose your profitability). Strand, owner of consultancy HR Dynamics Inc., offered his seven steps to successful market pricing at a recent webinar hosted by BLR/HRhero. 1. […]
During the 2011 proxy season, shareholders seemed to be less influenced by ISS on say on pay, says Fichthorn, vice president in the Philadelphia office of Hay Group. He was joined in his presentation at a recent BLR/HRhero webinar by Martin Somelofske, a senior principal in Hay Group’s Metro New York office. Only a handful […]
For years, BLR® has surveyed HR and compensation/benefits professionals to find trends in policy and practice. We appreciate your participation in our series of brief, targeted surveys. Today’s survey topic: HR Policies. (We’ll publish the results in a future issue.) Please participate in this brief survey and we’ll determine what employers are doing with this […]
Lott, who counsels employers on policy building and lawsuit avoidance from www.Hunterlott.com, offered his suggestions at SHRM’s Annual Conference and Exposition, held recently in Atlanta Georgia. Personal Relationships Policy Lott is fascinated by personal relationship policies. They typically read about like this, says Lott: “Personal relationships in the workplace are strongly discouraged. A company employee […]
Lott, one of SHRM’s most popular speakers, counsels employers on lawsuit avoidance from www.Hunterlott.com. Alice is Smoking in the Dynamite Shack Here’s the typical progressive discipline policy that I see, says Lott: “To insure that business is conducted properly and efficiently, you must conform to certain standards of attendance, conduct, work performance and other work […]
Meanwhile, at the same conference, consultant Hunter Lott says he often hears, “HR, the people that keep me from doing what I want to do.” Where Is HR Really? Mundy, Vice President, Human Resources and Communications for the Climate Solutions sector of Ingersoll Rand, asserts that one of the problems is that HR managers lack […]
Collins, who offered his remarks at the SHRM Annual Conference and Exposition in Atlanta, says that one theme runs through every study his team has done—the biggest question is “who should be on the bus.” The 20-Mile March Every leader needs a 20-mile march, says Collins. His reference is to polar explorers Amundsen and Scott […]