Practical HR Tips, News & Advice. Updated Daily.
Start with this simple distribution chart, says Ahlrichs, who is owner of ExpertSpeaks, and a consultant and business developer for Gregory & Appel. Distribution of Producers Which ones do you really want to keep? If we agree that we want to keep the top 16%, says Ahlrich, then we need to address turnover. That means […]
The PDA applies regardless of how long an employee has worked for you. The Family and Medical Leave Act (FMLA), however, has stricter eligibility requirements but also offer more potential benefits. For example, the FMLA applies to new fathers as well as mothers. To be eligible for FMLA leave, an employee must have worked for […]
“All pregnant employees should stop work 30 days before their due dates.” “Pregnant women should stay out 6 weeks after the birth.” “I’m not hiring a pregnant applicant—she’ll just go on leave the day I get her trained.” “Pregnant women shouldn’t be working after the baby comes.” These ideas are out there, but they’re all […]
The latest reports coming out of the northeast say that there are at least 7 million people without power because of Hurricane Sandy, and that number is expected to grow before it gets better. So when you close your business because of bad weather or power outages, are you required to pay employees? Here are […]
Here are recommended items to check to see if your HRIS is up to the mark. (It’s just as useful for those considering HRIS). Records Maintained Does your system maintain the following personnel records: Employee personal data? Marital status? Number of dependents? Spouses and dependents covered by other health plans? Part-time/fulltime? Leased employees? Employees’ skills? […]
It’s almost an understatement to call misclassification of employees as independent contractors a hot topic. It’s certainly the subject of a growing list of court cases, government agency investigations, and legislative initiatives. Various agencies at both the state and federal level have been in crackdown mode for a few years now, and it’s no wonder: […]
Metrics for Compensation Programs Compensation costs per dollar of profit Compensation costs per dollar of revenue Analysis of performance and production levels of employees paid in the top 30 percent of their salary range Total compensation costs as a percent of total company operating costs Analysis of compensation levels to the marketplace and key competitors […]
A metric is simply a way to quantify, measure, and track key performance indicators. Metrics can support decisions related to: Compensation programs Hiring and retention Succession planning Employee performance Training Allocation of resources Technology purchases Outsourcing A Business Approach Metrics typically describe the current situation, compare current numbers with previous years’ or with a competitor’s […]
DiMisa, who is Senior Vice President, Sales Force Effectiveness at Sibson Consulting, suggests that managers start with the basic compensation analytic, CCOS. His remarks came during a recent webinar sponsored by BLR and HR Hero. CCOS or Compensation Cost of Sales is typically calculated by taking all compensation paid to people involved in the sales […]
You can’t just look at sales compensation, you have to see how it connects and dovetails and links to strategy, says DiMisa. If you are rewarding reps for actions that are not aligned with the strategy, you’re not going to get the response you need from the sales force. Building a Strategy-Based Plan DiMisa who […]