Top 5 Trends in Training & Developing Talent

Training and development is a critical aspect of an organization’s talent management strategy. Every organization needs to invest in it to attract and retain talent and grow their employees’ knowledge base and capabilities. Here are five current trends influencing training and development.

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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.

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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.

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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.

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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.

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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.

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