Pricing new and highly specialized jobs, salary discrepancies between sources, and making pay adjustments based on mixed rates of salary growth are three common compensation problems many companies are facing. Here’s how to resolve them.
Executive Pay: The Power of Indirect Incentives
In a PricewaterhouseCoopers study of 1,106 individual executives across 43 countries, researchers found ample evidence to suggest that the effectiveness of executive pay hinges not only on a total dollar amount, but also on several key intangibles. Despite much focus on variable pay as a key element of executive total rewards packages, the PwC study reports that as a performance driver, variable pay is only a part of the story.
4 Reasons Your Supervisors Aren’t Effective: Training a New Supervisor
There are many reasons why supervisors can be ineffective, including those that are directly under the control of your organization. Here are 4 of those reasons.
4 Ways to Handle Attendance & Pay During Bad Weather
The snow is finally here (sorry, but it was inevitable) and with it comes issues of absenteeism, tardiness, pay, and FLSA compliance.
3-Step HR Guide for Year-End
The end of the year is a great time to review existing documents, systems and HR administrative practices. Here is a 3 step HR guide for year-end.
10-Step Company Holiday Party Planning Checklist
Most companies have a holiday party for their employees each year. In our 2012 ERC Holiday Practices Survey, nearly three-quarters (73%) of 186 Northeast Ohio organizations surveyed are planning a holiday party for 2012 and the majority (66%) are budgeting the same or more than in 2011.
3 Guidelines When Terminating an Employee
Unfortunately, some employees don’t work out – their behavior or poor performance escalates and they eventually need to be terminated. Many organizations have questions about properly carrying out terminations, including what to do to address the problem, when it’s appropriate to terminate an employee, and how they facilitate the termination itself. Here are 3 guidelines when terminating an employee.
Communicating in Times of Crisis: HR’s Role
On behalf of everyone at ERC, our thoughts are with all those affected both nationally and locally by 2012’s Hurricane Sandy.
Free Training Planning Worksheet
Planning and organizing employee training for an entire year can be a challenge. That’s why we’re providing you with a simple worksheet to help you chart and organize the types of training classes that will be offered in a given year, the individuals who will attend those classes, their perceived skill level, and the timing of when they will attend training throughout the year.
Non-Profits Offering Paid-Time-Off Banks
According to the 2012 ERC Non-Profit Benefits Survey, the non-profit sector in Northeast Ohio appears to be a bit ahead of the curve in terms structuring the paid time off offered to employees. The more flexible, all inclusive, “paid-time-off” or “PTO” banks are being used by 45% of the non-profit respondents, while other ERC surveys from earlier in 2012 have reported numbers closer to 30% or even lower. Although there is some variability in the samples from year to year, the Non-Profit Benefits survey shows a clear trend with the use of PTO banks hovering just under the 50% mark from 2009-2012.
A Step-by-Step Guide to On-Boarding New-Hires
Many organizations struggle to on-board and engage new employees effectively which poses challenges in setting them up for success in their new roles. As a result, we’ve compiled a step-by-step guide to help you successfully on-board and engage your new-hires.
3 Reasons You’re Losing Employees Because of Pay
In this article, we explore three current and critical compensation problems that cause employers to lose talented employees. These issues include low salary increases, lack of differentiation in pay by performance, and difficulties finding the actual “going rate” for jobs.
