Practical HR Tips, News & Advice. Updated Daily.
Despite recent reports showcasing organizations that are increasing employees’ pay above the minimum wage, new research from Aon Hewitt, the global talent, retirement, and health solutions business of Aon plc, reveals that 72% of organizations with minimum wage employees currently do not have a plan to pay those employees above the mandated rate. Additionally, of […]
According to the Corporate Executive Board Company (CEB), a best practice insight and technology company, today’s flat organizational structures mean employees spend more time at each job level—roughly 3 more years than they did in 2010. This stalled progression has caused 70% of employees to be dissatisfied with future career opportunities, leading to potentially massive […]
Yesterday’s Advisor introduced a survey by RecruitiFi that suggested that the majority of the workforce values flexibility over compensation. Today we’ll take a look at more of the results of the survey as well as the demographic composition of the survey. The Importance of Flexibility A clear pattern emerges when people are asked “How important […]
In yesterday’s Advisor, Sonic Boom Wellness cofounder Bryan Van Noy provided the first three of his six reasons why cash is not as effective as a wellness incentive. Today, Van Noy provides his final three arguments against cash incentives, and provides a few alternatives for employers.
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. Dingee, director of strategic recruiting at retained search firm Staffing Advisors, offered her advice at BLR’s Advanced […]
A recent survey by RecruitiFi shows two important results: The majority of workers value flexibility over compensation, and the majority of workers would voluntarily work fewer hours or leave their full-time job for part-time work. This information should inform any recruiting strategy. The survey, given to 1,012 employed participants, sought to answer the question, “How […]
New research shows that 70 percent of organizations surveyed are missing out on benefits associated with leading talent activities. It turns out that if you combine diversity and inclusion practices with your company goals, you stand to make a lot more money. Organizations that align diversity and inclusion practices to business objectives are more likely […]
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. According to Your HR Department survey, HR is viewed as a strategic partner by management teams for […]
By Michael Jordan, MagnaCare Self-insurance has become an essential cost-control strategy for a number of large plan sponsors. Today, a growing number of small and midsize plan sponsors also recognize the opportunity to rein in staggering health coverage costs by switching from a fully funded plan to a self-insured plan.
CEOs of privately held companies received a median total compensation package of $360,000 in 2014, including base salary, bonus, benefits, new equity grants, and equity gains, and expect total cash compensation to increase 3.1% this year, according to Chief Executive Research’s latest CEO and Senior Executive Compensation Report for Private Companies.