HR may not always be able to directly contribute to the bottom line, but there are a number of impactful ways that it can help drive revenue. Here is a list of 14 things your HR department can do to drive revenue at your organization.
The Best Solution to Managing Salary Costs
Like most employers, you’ve probably been faced with the challenge of how to manage rising salary increase budgets, reward high performers, and sustain your organization’s financial health by meeting and exceeding margins achieved in past years. How do you manage these critically important yet competing demands? The best solution is to develop a variable pay program.
What is the Difference Between an MCO and a TPA?
If you are responsible for your workers’ compensation program, it is important to have a fundamental understanding of the roles of a MCO and a Workers’ Compensation Third Party Administrator (TPA). MCOs and TPAs play unique roles in helping employers control workers’ compensation costs.
4 Strategies to Combat Turnover
Turnover is a reality for every business. It can be a warning sign that something is wrong with our workplace, managers, or teams that needs to be fixed. It can also signal that we might be hiring poor fits into the organization.
How to Build Your Own Great Workplace
At ERC, we believe that creating a great workplace is about creating an environment and culture that supports the talent your organization needs to be and stay successful. It means creating a place in which great talent want to come work and where they want to stay and build their career. It’s about enabling superior performance and eliminating the policies, practices, and norms in your workplace that hinder your top people’s success, progress, and innovation.
9 Common (and Avoidable) FMLA Mistakes
There is probably no law that gives HR more headaches than the Family Medical Leave Act (FMLA). Even the most adept and experienced HR professionals make errors when administering FMLA. It’s hard not to make mistakes, given the emergence of new case law as well as state and federal regulations that are constantly expanding the scope of employee leave and employer’s obligations in administering that leave.
3 Things Managers Do That Disengage Employees
Engagement is often viewed as just an “HR thing” when in fact, managers play an even more important role in engaging employees day-to-day. Managers, however, may not realize how their actions engage or disengage employees and how that affects their team’s performance and productivity. Here are 3 things managers do which can unintentionally disengage employees.
4 Ways to Become a Manager Employees Want to Follow
Are your managers people who your employees want to follow? Do your managers regularly encounter resistance and wonder why they can’t achieve the results they want or why their employees won’t follow their lead? More importantly, are employees just following managers because they are the boss, or because they are genuinely inspired and motivated by their leadership?
7 Strategies to Find Extraordinary Local Talent
Is your organization looking for extraordinary talent and thinks it needs to search outside of your local community? Not so fast. Many employers think they can’t find talent locally and pursue their search elsewhere, but local talent is at your fingertips if you use the right strategies.
How to Pay Your Executives
Executive pay is very different from other compensation practices you administer, involving greater pay-mix complexity, more components, and consideration of various business and legal factors. Here are executive compensation basics that you need to know to drive your business results as well as attract and retain key executive talent.
The 8 Defining Qualities of Top Talent
Over the years, ERC has researched what distinguishes a top performer from an average performer based on employers’ perspectives. The results are strikingly consistent across industries and sizes. Regardless of the organization type, most employers define top performers very similarly and are looking for the same types of characteristics and behaviors in their employees.
5 Myths About Workplace Communication
Employers constantly find themselves battling communication issues between employees and managers in the workplace. These issues commonly stem from not understanding the basics of good communication, mistaking frequency for quality, and making inaccurate assumptions about how much information others want and need to know. Here are 5 myths about workplace communication that your organization should consider “debunking” to improve communication.
