Employers must regularly evaluate employee performance to ensure all team members are helping the company. The weakest link can bring down productivity and morale. Setting work-at-home policies help unify a remote team. It’s important to have a plan to boost employee performance to avoid employee burnout and declining profits. Annual Employee Performance Evaluation It’s common […]
Sep 21, 2022
Sep 14, 2022
A business can win the hearts of loyal customers more easily if it demonstrates a sense of people’s experience. The more a company emphasizes the importance of people in its mission, the better reputation it builds with customers. Here’s a look at key aspects your HR department should know about employee treatment. Explanation of People’s […]
Aug 17, 2022
The concept of diversity, equity, and inclusion (DE&I) is seeping into the fabric of the modern business. This set of objectives is a key to defining organizations as socially responsible. Here’s how DE&I as executive compensation is revolutionizing corporate culture. DE&I Compared with ESG DE&I incentive programs are built on the long-term pay incentive model […]
Aug 10, 2022
Since change has become the norm in business this century, change management for HR is a significant area of concern. Any time a business makes a noticeable change, it risks alienating its followers. Yet failing to plan for change is like planning for stagnancy. Your HR department needs to take steps to prepare for and […]
Jul 20, 2022
Workers for private companies in the Los Angeles Metropolitan Area saw wage increases for a 12-month period ending March 2022. This increase was reported by the Bureau of Labor Statistics (BLS), a division of the U.S. Department of Labor. The 5.2 percent compensation gain overshadows the previous year’s report of a 4.2 percent increase in […]
Jul 13, 2022
Schools are facing a metamorphosis in the fallout of the pandemic involving teacher pay. Innovative schools have led the way toward a new faculty compensation model. Here’s a look at how Graland Country Day School in Denver, Colorado, has pioneered a new model that improves the education system for teachers and students. Need to Update […]
Jun 29, 2022
Equal pay has become a major issue for companies working on building their social profile with the public. Conducting a job evaluation is useful for HR departments to match appropriate pay with a given job description. Use this guide to job evaluation to improve your hiring of productive talent. Defining Job Evaluation HR departments design […]
Jun 22, 2022
There are many good reasons to start a nonprofit organization, such as developing a resource for your community. Whether the entity hires volunteers or has paid employees, it faces certain risks that call for special types of insurance. Here’s a look at what nonprofit executive compensation covers. Risk Nonprofit Executives Face Executives at a nonprofit […]
May 22, 2022
Of all compensation issues organizations have to confront today, and for the foreseeable future, pay equity is increasingly becoming the most defining. Key stakeholders, including employers and employees, agree on the need to have pay equity, but there are varying perspectives on the topic and various obstacles to achieving equitable compensation. What is Pay Equity? […]
May 15, 2022
The “Great Resignation” can be scary for most employers because in it, employees are leaving their organization at a higher-than-normal rate. However, there are effective ways to slow or avoid an unprecedented turnover in your organization. Workers are quitting their jobs for reasons that have existed for a long time, and those reasons should be […]