Have you ever been halfway through your workday and thought, “I’m really bored today!” If you have, chances are (we hope) that you kept it to yourself and found some work to tide you over until the next project was ready to go.
Month: April 2014
Interviews seem to be the source of many HR Strange but True! stories. There were the dance auditions, the preemptive request for leave to pick up a mail-order bride, and even calling a spouse mid-interview to check what’s for dinner, just to name a few.
A noncompete agreement is an agreement between an employer and employee that the employee will agree to not work for a competitor immediately after leaving employment with the current employer.
When you consider a profit-sharing plan, there are three main ways to set it up: straight, hurdle, and goal. A profit-sharing plan is a group incentive plan that includes all employees in an organization and that focuses on overall business unit profit (or a similar bottom-line financial goal). What are the advantages and disadvantages? Advantages […]
We asked our readers for stories from the wacky world of HR—and they delivered. Thank you for all of the submissions; we will be featuring them over the next few weeks! Here’s the first about a manager behaving badly at a workplace gathering:
Bosses come in various forms. Some rule with an iron hand, others take instructions from on high and then make sure the orders are carried out by underlings, and others truly inspire everyone on their team. It’s not surprising that an inspiring manager is likely the most effective, but it’s up to the HR department […]
In a recent conversation with an organizational psychologist, I was asked, “What are the top three things you look for in the members of your management team?” That’s a big and important question. Yet I was able to answer it quickly and easily: “Trustworthiness, compatibility, and talent.” The next sentence I uttered might surprise you; […]
Employers have cited complying with the Affordable Care Act as their number one concern in surveys, and that wouldn’t be the case if there weren’t taxes and money penalties backing it up. This is true even though the government postponed until 2015 penalties for failure to comply with the ACA’s play-or-pay mandates, temporarily reducing the […]
[Go here for 1. Straight and 2. Hurdle-Rate Profit Sharing] 3. Goal-Driven Profit-Sharing Plans In a goal-driven profit-sharing plan, profits are used to establish an incentive opportunity, but employees also must earn that opportunity, based on achieving other goals. These other goals are broad corporate goals, rather than unit operational goals, which are used to […]
Advantages Funded from profits, so there is low risk for the company. Can be used to supplement company retirement contributions. Can be linked to company objectives other than profit. Provide an opportunity to train employees on financial measures and the operational business factors that affect those measures. Easy to integrate with suggestion plans and other […]