Practical HR Tips, News & Advice. Updated Daily.
There seems to be a similar haunting refrain in many of today’s headlines: Leaders who have spiraled out of control – victimizing employees, abusing power, and generally reproving the time-tested principle that “absolute power corrupts absolutely.”
Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.
We often hear of violence in the workplace. Employers should also be aware that employees are not always the source of such violence. Domestic abuse can, and has spilled into the workplace, sometimes with tragic consequences. It’s a situation all too familiar to Lynn Fairweather, MSW, president of Presage Consulting and Training, LLC.
Millennials employees are no longer a novel concept. As Scott T. Rollin notes in the Minneapolis Star Tribune, they’ve begun to move into middle management and other key employee roles. Coupled with employers’ worries about hiring and retaining qualified workers, the result is a mounting concern about how to compensate key Millennials.
To ease employees’ concerns about access to their elective deferrals in the event of a financial emergency, an employer may provide for hardship withdrawals in its plan. This can provide some peace of mind during difficult times.
Giving back to the community can reap multiple benefits for employers, not the least of which is warm feelings from employees. In a recent Boston Globe article, Sara Salinas writes that research shows employees value companies that give back to the community. One increasingly popular way to do so—community gardens—also helps employees’ own well-being.
Mistakes happen, acknowledges Justin Gray, founder and CEO of LeadMD on Inc.com. But if you’re receiving certain excuses on a regular basis, you could have bigger problems. He identifies three worrisome excuses he’s heard and explains how to keep your organization focused on the solution, rather than the problem:
We’re right in the middle of open enrollment season, which can be a confusing and stressful time for your employees as they make their selections for the coming year. Arm them with the right knowledge and tools for a successful open enrollment period and they’ll thank you for it— after all, healthy employees are happy […]
With the job market as tight as it is, “bad bosses” can cause more damage than ever before. Quality employees, after all, need not just grin and bear it—they can usually find new jobs with little effort. To nip this type of exodus in the bud, it would help to know the kind of manager […]
When employees are happy in the workplace, they almost always want to climb the ladder to positions of greater responsibility. While this hasn’t changed, workers are no longer thinking in terms of making a linear ascent to the top of a hierarchical organization.