Employee Development on a Shoestring Budget
Many organizations are struggling with offering their employees training and development opportunities with ever shrinking resources. With today’s economic constraints, it is necessary for organizational leaders and HR professionals to examine alternative development opportunities. […]
Stress in the Workplace – What Can We Do About It?
There has been much discussion about the subject of stress in the workplace over the years. I don’t know if we can ever create totally stress free work environments because of the challenges in today’s world, our competitive businesses and the expectations in both the private and public sector; however, there are ways to relieve stress which may help employees become healthier and consequently more productive individuals in our society. […]
Flexible Work Schedules and Company Culture
Many of you may be tired of hearing about this topic, especially if you are a supervisor or an HR professional. Flexible work schedules and company culture has been blogged to death. However, it remains the most highly sought after perk and as noted by the Telework Research Network in their recent Success.com article, 72 percent of employees would choose one job over another based on flex time options. So, blogged to death or not, it remains a hot topic today. […]
Preparing for the Next Steps in the Patient Protection and Affordable Care Act
Many employers in the country are aware of some of the changes that have already been put in place by the Patient Protection and Affordable Care Act, (PPACA) covering dependent children to age 26, free preventative care, no more lifetime maximums on benefits, no preexisting condition limits for children, small business tax credits and W2 reporting requirements. However, fewer people are aware of things that are still to come.
Using Strategic Resource Planning and Budgeting to Make Effective Business Investments
Businesses make decisions concerning where to invest their dollars based on either financial or resource areas. Sometimes these decisions are based on both. As always, it’s a difficult decision because you want to hire more people to do the work, but you don’t always have the work to hire the people right away. Consequently, decisions on where and when to invest can be daunting.
Creative Solutions to Improve Job Satisfaction
Over the last several years, many organizations have experienced downsizing, reduced benefits and deep budget cuts. This has left many organizations wondering how they can reward and retain key employees, without breaking the bank. In the current economy, many employers feel as if their hands are tied. While they want to retain talent to remain competitive, they are simply unable to offer employees raises, bonuses or better benefits.
Why Do They Fail?
I recently attended an HR Leadership Forum meeting in Arlington, VA on Friday October 5th where Dr. Craig Simpson, with ORTalent, Inc., spoke on “Unlocking the Hidden Psychological Drivers of Leadership Performance.” Dr. Simpson provided some interesting statistics showing that in the first 18 months 30% of internally promoted executives and 50% of externally hired executives fail in their role. Simpson stated that the average cost of this executive turnover is estimated to be approximately $500,000. We know that turnover in general is costly to organizations. So, the question is “why do they fail”? […]
Is it Time for the Boomers to Retire??
If you’re like many Generation Xers today, you may be expecting the impending retirement of millions of Baby Boomers to boost the job market and open up a massive number of senior level opportunities. It seems like a natural progression of events and one which will fix today’s tight job market. But Boomers aren’t proving to be so quick to exit the market and we should consider the possibility that this may not be such a bad thing after all. […]