All the Things NOT to Do When You Let a Worker Go Avoid the Landmines Firing someone is generally an unpleasant task no one enjoys. But as hard as it is, some managers unintentionally make it even more difficult. Whether you’re letting someone go for performance issues or during a round of financially mandated layoffs,
Do’s & Don’ts About Leadership From Prominent NFL Teams Are You Like the Raiders or the Patriots? If you’ve got a player like Tom Brady of the New England Patriots on your team, you have a decision to make. Can you be a winner on the football field and at the bank? Brady is considered
How to Handle Giving an Employee a Poor Performance Review Make Sure You Do It Right Having a positive employee review is easy. You applaud your employee’s accomplishments, discuss plans for the future, and (hopefully) give him a handsome raise. Sadly, the same does not apply when you have to give a not-so-glowing review to
A Bad Rep When It Comes to Hiring Will Lead to Less Qualified Applicants Listen to Honest Feedback Think about the last time someone turned down a job offer you tendered. How did that feel? You can tell me it’s none of my business and I won’t be offended, but that gut-kick response does
Hiring Work-at-Home Employees Might be the More Productive (and Cheaper) Option Work From Home Employees Have Advantages If you think all employees are created equal, think again. There are major differences between telecommuting employees in comparison to their in-office peers. Here are ways remote workers can shine brighter than that awful fluorescent lighting that’s currently
Startups Should Highlight Advantages to Overcome Hiring Challenges How Startups Can Hire More Effectively You just got funded, congratulations! By now, you’ve likely accepted the condition of working with limited resources as the price for entrepreneurship. It’s not typical to receive carte blanche from your investors when it comes to paying yourself or your people.
How to Constructively Turn Down Someone Who Doesn’t Deserve a Raise What to Do When Average Doesn’t Cut It No doubt about it, your team is working hard. But one day, an employee pops into your office and subsequently asks for a raise. He’s a fairly good worker, but frankly he hasn’t done anything extraordinary
Telecommuting Can Be a Win-Win As an employer, you might be tempted to go the traditional route of having all your employees in the office all the time. But even though it’s tempting and understandable to want to keep an eye on the people you’re paying, businesses can benefit greatly when their workers telecommute. Here’s
Honey Badger Don’t Care, But You Should The Honey Badger has developed a nasty reputation over the past couple of years, but does that make him unemployable? The Honey Badger recently applied for an Inside Sales position with Salary.com. In compliance with the EEOC, we at Salary.com have assessed the candidate’s qualifications against the 28
Employers benefit from having both formal performance review and compensation review cycles. Many companies have a semiannual performance review cycle. One of the two reviews often coincides with the normal annual salary review while the other is used sparingly for special or off-cycle salary adjustments. This formal process is helpful because it allows the employer
A Review of The OFCCP’s Compensation Directive 307 The Heat is On! Since the February 27, 2013 release of the latest iteration of the OFCCP’s stated procedures for investigating compensation discrimination (i.e., Directive 307 – effective February 28, 2013), there has been no shortage of webinars, blogs, and warnings from consultants and attorneys alike, providing
Competencies Help Determine Skills & Qualifications for Every Position The Importance of Competencies During a recent webinar about competencies, two points really stood out: competencies can be an integral part of performance management systems, and, you don’t have to expend time and energy building competency models from scratch. Not when we for Business can do that
Conflicting Personality Styles Could be the Cause of Workplace Strife Managers, Not Babysitters Research shows that 60-80% of trouble in the workplace is due to strained relationships among employees, not from issues with their skills or motivation. Not surprisingly, as a result, typical managers spend 25-40% of their time dealing with conflicts. No one wants
Salespeople are a company’s ambassadors to the world. They actively promote the company and its products and services. They are the front line between the company and its customers, and are typically the driving force of revenues – top-line company growth. These employees have a direct impact on how the marketplace perceives their employer
Until it became common practice in the last decade to offer stock options to a relatively broad spectrum of employees, most people were content to receive stock options at all. Now, more savvy about compensation if bruised by the market downturn, employees more typically wonder whether the options they are offered are competitive with what
The intent of this article is to explain the components of an Employee Stock Option Plan to Human Resources professionals and managers that may need to explain the complexities of a plan to employees. Stock option plans are the large contracts that govern stock options programs. Stock option agreements are the individual options grants, vesting
About Stock Options One of the biggest challenges facing employers is recruiting and retaining qualified, dedicated employees. Over the past decade, with unemployment levels low and the economy doing well, one of the ways businesses in many industries were recruiting the best possible talent and keeping those employees happy was by offering stock options. For
Making the Job Description Clear Will Help to Hire the Best Employees The Importance of Job Descriptions Descriptions of job titles appear in a variety of forms in the workplace. Recruitment ads, compensation surveys and other benchmarking tools, as well as corporate or departmental development plans all use some method of describing a job. The
Employees in approximately one-third of all companies are eligible for bonuses of some kind. Bonuses are given to employees to serve the following purposes: to create incentives to reduce costs; to pay people for doing a good job; and to encourage employees to think like shareholders. Bonuses reflect employees’ level of responsibility in the organization,
Why Failure to Motivate Your Employees Will Drive Them to Leave What We’ve Seen Small businesses frequently fall into the trap of treating compensation programs as “something to worry about when we get bigger.” The fact is, small organizations need to attract, retain and motivate employees, and compensation is a critical piece of total rewards.
