09/05/2008
If your organization has plenty of employees, but not enough of the skilled workers critical to surviving a down business cycle, you’re going to have to change your compensation plan. Three changes pave the way—finally!—for a pay-for-performance system that works.
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08/28/2008
Every employer seems to be jumping on the wellness bandwagon in an effort to curb health care costs. But it’s always been hard for HR to prove its wellness investment is worth it. Reason: the inability to nail down a return on investment (ROI) on wellness programs. Now, a host of new approaches and tools have come to the rescue ...
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08/12/2008
Savvy business people have long focused on customer lifetime value—the gains to had from cultivating lifelong relationships with customers eager to patronize them again and again. Here are three keys to nurturing those same kinds of relationships with employees—and reaping the same kinds of rewards.
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08/01/2008
Your organization wouldn’t offer flexible work arrangements like flextime and compressed workweeks if managers didn’t believe the benefits—better employee engagement, recruitment and retention—outweighed the costs. Still, a recent survey by Hewitt Associates found that few organizations have formal and consistent policies in place to manage their flex programs ...
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07/01/2008
There’s a big difference between losing three slugs versus three stars in your department within a month. Yet, at most organizations, those losses would be calculated the same—as an overall percentage of employees—when figuring turnover rate. The problem: Such a simple metric doesn’t account for performance differences among departing employees ...
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06/06/2008
As an HR pro, you may have had to guide managers through tough decisions about which functions, jobs and people must be preserved as your organization digs in to survive tough economic times. Don’t neglect your own department! The skills you use to help others can be invaluable for maintaining HR effectiveness during the downturn ...
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06/06/2008
If the economy is forcing your organization to operate with fewer employees than usual, an unscheduled absence can throw production into a tailspin. Often, those absences occur when an employee’s child care arrangements fall through. But increasingly, workers also must stay home to care for spouses or parents who need help after surgery or because a regular caregiver is unavailable ...
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05/02/2008
Colleges and universities with the lowest health care costs also have the most productive employees, says a new survey by HR consulting firm Sibson. Here are five lessons all businesses can learn from healthy campuses ...
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05/01/2008
Winning a spot on any of the dozens of coveted “best companies” lists can reap your organization a world of positive publicity and boost your reputation among potential recruits. But to win, you need to know how to play the game. Compensation & Benefits asked the experts to share some tips for placing well on the many “best companies to work for” lists ...
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05/01/2008
A new web site by GlaxoSmithKline ( www.CenterVBHM.com) allows employers to merge health and productivity data to determine which of their health benefits have the most value to the organization ...
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03/11/2008
Employee training represents an act of faith for many organizations. They know it’s important, but few can quantify the return on investment (ROI). Still, HR is pushed to prove that training pays off. Use a formula to prove to senior managers which training produces results and which doesn’t ...
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03/11/2008
Employee training represents an act of faith for many organizations. They know it’s important, but few can quantify the return on investment (ROI). Still, HR is pushed to prove that training pays off. Use a formula to prove to senior managers which training produces results and which doesn’t ...
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03/01/2008
You don’t have the time or expertise to shop for benefits plans and analyze them all. That’s why you hire a health benefits broker to sort out the best plans at the best prices. Here are some issues to consider when selecting the right broker ...
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03/01/2008
Ah, the “halo effect”—the practice of inflating an employee’s annual evaluation to increase overall morale and avoid the unpleasantness of telling underperforming workers what their weaknesses are. Too bad using the halo strategy both undermines performance and exposes employers to legal risks ...
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11/01/2007
A culture of health is coming into its own across corporate America. Driven by increasing health care costs and an obesity epidemic that fuels chronic illnesses, corporations are examining their core cost drivers and have arrived at a workable strategy: create a culture that promotes better health across the total employee population ...
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