Last month, I wrote about positioning your company to attract and keep top performers. One very effective way to do both is to compensate your key employees with equity.
Performance pay has become a critical factor in keeping top talent; combine it with a sense of ownership and a stake in...
First we need to understand that emotional intelligence (EQ) is not the opposite of the intelligence quotient (IQ); EQ is actually complementary to IQ resembled in academic intelligence and cognitive skills, and studies actually show that our emotional states affect the way our brain functions...
Employment is on the rise and with it, the return to attractive compensation packages and salary levels. After several down years in the employment market that was the result of the normalization of an inflated stock market and the beginning of the War on Terror, employers are constructing...
Todays employees, particularly those involved with corporate finance and other major business sectors, are leaning more towards corporate event management and corporate entertainment as a key source of contentment and happiness at work. This reflects the emergence of what has become defined as...
INTRODUCTION
Corporations have over the years, deployed a diverse mix of software and hardware applications to gain competitive advantage. Rapid advancements in IT, combined with evolving business needs, have resulted in contrasting IT environments across enterprises.
At...
As more and more Americans are becoming victims of identity theft, many employers are increasing their level of security to protect their employees. A recent General Accounting Office report estimates that as many as 750,000 Americans are victims of identity theft every year. So, what can you do...
Time tracking is the act of tracing out the time spent on each activity in a particular period of time. With so much pressure on time these days, time tracking and management has become absolutely necessary. Though time tracking was initially just a method for keeping track of the way employees...
Employee time clocks are time systems used by organizations to accurately record the number of hours worked by each employee every week. The clocks have evolved with time and the companies still need some sort of system that they can use to generate payroll and ensure that the employees are paid...
The way you reward people forms an essential foundation for effective people management. Money is by no means the only motivator of people, but too little money demotivates powerfully. Studies have shown that material reward is far more powerful than monetary.
1. How To Determine Levels...
Its one of the largest costs in all different types of organizations, yet its also one of the most unknown costs. Its employee turnover.
Companies routinely record and report costs such as wages and benefits, Workmans Compensation Insurance, utilities, materials, and space, yet most...
A committed employee is extraordinarily valuable. You can gain staff commitment by meeting peoples key needs: paying attention to people at all levels; trusting and being trusted; tolerating individuality; and creating a blame-free, can-do culture. But why go through all these? What is the...
In difficult situations, when companies are in crisis and can only be saved by major effort, group morale often rises to far higher levels than before. Individual objections and objectives are bypassed in the collective drive to do what must be done. This is where recognition awards take its...