HR/Benefits

HR/Benefits (129)

Consider These 5 Strategies to Find Your Next Employees

Employee recruitment is one of the most effective ways of growing a small business. Getting the right group of employees enables you to serve your customers better and more, and even expand your production and reach. Although hiring can be a game-changer, it can also be challenging and can be a disaster to your organization if not correctly done. This is the case, especially for small business owners who have no experience identifying, interviewing, and selecting the best group of employees for the job. Apart from these, finding the right employees also need time and money, neither of which most small businesses have. While this can be the case, there are various strategies that you can employ to ensure you get the recruitment process right. Here are five strategies that you should consider when finding your next employees:

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Is Your 401(k) Plan Adviser Costing Employees Retirement Money?

With millions of American workers invested in 401(k) plans, they want to know that their retirement savings are in good hands. But recent legal action against some large companies indicates that’s not always the case. LinkedIn is the subject of a class-action lawsuit for alleged mismanagement of a 401(k) plan that totals $818 million. Participants in the Costco 401(k) are suing their company for alleged mismanagement of its $15.5 billion defined contribution plan. 

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Find and Retain New Employees Even During a Pandemic

Happy and satisfied employees are crucial for the success of an organization. Although companies must find ways of retaining employees during their good times, employee retention means a lot during a time of crisis like the COVID-19 pandemic. With the pandemic that has led to various social distancing measures and slow down or closure of many businesses, maintaining and engaging staff offers a sense of stability and a feeling of trust by the organization. Here are some strategies that you should consider to find and retain new employees even during a pandemic:

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Are Your Employees Zoning Out In Zoom Meetings?

The coronavirus changed the world into a planet of remote workers, but several months into the pandemic some companies and individuals are still grappling with the challenges of working apart. Employees have more distractions at home and some can find it harder to focus. Questions persist, such as: Can video conferencing be as effective as in-person communicating? Will workplace culture – and production – suffer from a lack of traditional human interaction?

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Is it time to restructure your incentive program?

Within the last decade the shift from “living to work” to “working to live” has forced human resource departments to restructure their incentive programs to benefit their employees’ lifestyles. Companies encounter high turnover rates and fatigue when their benefits do not match their employees’ needs.

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5 Steep Costs That Companies Pay Because Of A Toxic Boss

Working for a difficult or temperamental boss is common in the U.S. One survey showed roughly half of the employees quit their job due to what they termed a bad boss. But high turnover isn’t the only downside such bosses cause. Abrasive or toxic leadership creates many other costs for organizations and employees as well, from personal health to the company’s financial health, says Dr. Katrina Burrus, author of Managing Brilliant Jerks: How Organizations and Coaches Can Transform Difficult Leaders into Powerful Visionaries (www.ExcellentExecutiveCoaching.com).

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Employee Promotion - Internal or External?

Promotion is one of the human resource’s core tasks that determine the direction of an organization. As simple as it may sound, it is one of the difficult undertakings that keep human resource managers hoping that the decision they make will help the organization achieve its goals. The hardest part is choosing one person to fill a vacant position from a large stack of resumes from many potential applicants, some of whom have been within the organization and those who have never worked there but have impressive CVs. Which would be the best choice? The person who has worked within the organization doing a great job, working hard to help the organization achieve its goals or a new face with an impressive CV but has not worked within the organization and has not been tested before? The reality here is, you have all these options at your disposal. Here are the benefits of promoting employees internally that might help you make the right decision:

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Preparing Non-Compete & Non-Solicitation Agreements for Your Employees

Many new businesses squirm at the idea of preparing and enforcing Non-Compete and Non-Solicitation agreements for their employees. The truth of the matter is that both legal documents are common especially in certain industries like the tech world. With data breaches happening regularly – a company must take precautions to protect their intellectual integrity.

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Are You Minding These Payroll Issues?

Payment of employees is one of the seemingly easy tasks in an organization. Simple as it may appear, there are many mistakes that many people make that have ended up costing human resource departments in many companies. Payroll errors can cost organizations money but can damage their reputations as well. Here are some common mistakes that small businesses make and how they can be avoided.

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3 Tips for Better Remote Employee Engagement

You can encourage remote employee engagement by setting expectations early, creating opportunities for socialization, and leading by example. The novel coronavirus expedited the movement towards remote work as millions heed stay at home orders to flatten the curve.

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