In yesterday’s Advisor, we presented the first seven of our 10 flaws that may afflict a typical performance management system; today, the final three pitfalls to avoid while you’re assessing employees during appraisals.
Month: March 2015
Yesterday, we looked at the AESC BlueSteps Executive Compensation Report, which revealed that executive compensation is on the rise. Today, we turn to smart drafting of executives’ contracts.
Applicants may walk the walk, but now computers can determine if they can really talk the talk!
Yesterday, author Graeme Cowan presented the first five of his eight strategies employers can use to foster mental wellness in the workplace; today, he reveals the rest of his tips for addressing mental health issues.
by Dan Oswald Many leaders believe they must have all the answers—that it’s their responsibility to have the answer to every question and the solution to every problem. In my estimation, it’s more important to ask the right questions than it is to always have the answer. You see, it’s the questions that allow people […]
IRS on March 27 released a series of changes to its Employee Plans Compliance Resolution System that it said would improve the correction programs. Among the modifications to Revenue Procedure 2013-12 announced are new options for correction methods to recoup participant overpayments and lower compliance fees for participant plan loan errors. The 17-page Rev. Proc. […]
by Emily L. Bristol A new rule that adds “sexual orientation” and “gender identity” to the list of prohibited bases of discrimination under Executive Order 11246 goes into effect on April 8. The rule, from the U.S. Department of Labor’s (DOL) Office of Federal Contract Compliance Programs (OFCCP), will apply to federal contractors that hold […]
The biggest sports entertainment event of the year is in the books. Did you miss it? Nope, I’m not talking about the NCAA Tournament or even the Cricket World Cup—by the way, you can rest easy since Australia beat New Zealand by 7 wickets to capture its 5th Championship—I’m talking about WrestleMania 31. Yes, the […]
Many organizations will most likely say they utilize a performance management system but far fewer will admit that it’s not actually achieving its original goals. Namely, performance management systems often fail in motivating better employee performance!
The BlueSteps Executive Compensation Report, recently released by the Association of Executive Search Consultants (AESC), reveals that almost half (44%) of executives at the CEO/president level experienced a rise in total compensation in the last fiscal year.