METRICS

Ask the experts: How to be a true HR leader

08/31/2009

What does it take to jump the fence from your administrative role and be seen as a true leader in the company? The HR Specialist posed the following question to three of the leading HR thought leaders in America today: “What are the actions that a true HR leader takes to demonstrate leadership within an organization?” Their answers pointed to the following six actions:

10 smart steps to negotiating your next HR budget

08/31/2009

“Just take it out of HR’s budget.” If that’s a common refrain among your execs at budget-setting time, it’s time to fight back. "It’s more critical than ever for you to be able to create and defend your budgets,” says Valarie Grubb, VP of Operations and Initiatives at NBC Universal, who spent much of her career building and justifying budgets at large U.S. companies.

New CDC web site helps employers combat obesity

07/24/2009

The Centers for Disease Control and Prevention (CDC) last month unveiled LeanWorks, a web site designed to help U.S. employers address employee obesity and its related costs.

10 keys to negotiating your HR budget

07/07/2009

Ever had the C-Suite rubber-stamp your HR budget with nary a question or challenge? Neither has Valerie Grubb, who spent most of her career building and justifying budgets in large manufacturing and entertainment companies, most recently NBC Universal. Here are her 10 tips for negotiating with those who make the final budget decisions.

Measure productivity loss when tallying up health costs

07/06/2009

When measuring how much money your organization sinks into employee health, don’t stop once you’ve calculated your share of employees’ insurance premiums. Instead, pull out your attendance records and a calculator to determine just how much productivity is suffering because of employee illness and poor health. Then find out what kinds of medical conditions are keeping employees from working at full capacity.

Problem Solved: Real People … Real Comp & Benefits Solutions, July '09

06/05/2009

This month's collection of real-world quick tips from American business leaders, brought to you by members of The Alternative Board.

Develop the 3 business skills that CEOs want most

05/26/2009

More than ever, top execs are seeking HR professionals with business skills to help shape organizational strategy. Here are the top business skills that experts and surveys say executives want in HR professionals ...

Ask 5 questions before implementing knee-jerk training cuts

05/04/2009

Cutting training willy-nilly just to save money can create more problems than it solves. During economic downturns, companies need efficient, targeted training programs to improve productivity. And effective training positions companies to prosper as the economy recovers. To examine training programs and avoid eliminating those that do work, ask the following questions:

After AIG debacle, it's time to review your bonus plan

04/07/2009

Bonuses have gotten a bad name lately. But the howls of outrage that followed news of AIG execs' huge retention bonuses shouldn't be the death knell of pay for performance. Here are 10 tips for making your bonus system work in today's economy.

Make sure employees understand the value of their benefits

01/05/2009

Boosting your benefits communication during troubled economic times can help your organization retain good employees and ease their worries so they can focus on work. The key: Show employees the value of their benefits.

How to manage pay-for-Performance in today's harsh new business environment

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.

Proving the ROI of wellness programs just got easier

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 ...

3 Keys to Creating 'Employee Lifetime Value'

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.

Measure effectiveness to make sure flex plans work for you

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 ...

It's time to revamp the way you calculate turnover

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 ...