Compensation refers to all forms of pay and rewards received by employees for the performance in their jobs including all forms of cash, benefits, services, and perks. It is important to recognize and communicate your “total” compensation as “all” the pay you are providing your employees.
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December 2nd, 2008
Compensation Surveys
Paying people fairly is good for business. Underpay, and employees will eventually look for a better offer. Overpay, and the payroll budget and profitability will suffer. That’s why companies use market data to research the value of their jobs. But what is “market data” anyway?
Read MoreDecember 2nd, 2008
Exit Interviews: Don’t Just Say Goodbye
Exit interviews can be just as important as the interviews you conducted when you hired an employee. When an employee leaves your organization, its important to get feedback on their experience.
Read MoreDecember 2nd, 2008
Soft skills: Tips for evaluating soft skills
Soft skills elude many hiring managers. Thats because soft skills rarely fit into standardized tests. Whereas its relatively easy to run tests on typing, editing, math or filing, its much harder to test for integrity, honesty, relationship building and teamwork.
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Behavioral interviews | Interviews that review behavior
Behavioural interviews give employers a chance to learn about a potential employees perspectives and attitudes. In a behavioural interview,
Read MoreDecember 2nd, 2008
Peer interviewing: how to involve peers in interviewing
Peer interviewing where coworkers interview potential new hires offers you the chance to create a great team. In peer interviewing, members of a work group help choose new employees.
Read MoreDecember 1st, 2008
Tips on how to keep your seasonal employees coming back
As a seasonal employer, you know how difficult it can be to find qualified, committed, and motivated employees who will work for a short period of time (winter or summer season). Imagine being able to keep the stars of your organization coming back year after year.
Read MoreDecember 1st, 2008
Five-step plan for promoting from within
The practice of promoting capable staff members to management-level positions rather than hiring someone from outside the firm is a powerful motivation and retention tool. Using this strategy sends a clear message to your current employees that you reward talent, hard work and loyalty.
Read MoreDecember 1st, 2008
The importance of employee engagement
In February 2006, Towers Perrin released an international workforce study called Winning Strategies for a Global Workforce. The purpose of the study was to identify the drivers of attraction, retention, and engagement through the eyes of employees.
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