Tag: employees

pay

Compensation Practices: A Brief Look at Job-Based Pay Methods

Simply put, a pay approach is the method an organization uses to deliver base pay to its employees. For example: job-based pay, market-based pay, knowledge/skill-based pay, and experience-based pay are all methods of pay delivery. Which one is the right one? Any of them can be a viable method, depending on the organization’s needs and […]

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finances

Financial Wellness: 59% of Employees Say Stress of Finances Negatively Impacts Work Performance

The financial well-being of U.S. employees reversed direction this year following several years of steady improvement, according to a new survey by Willis Towers Watson, a global advisory, broking, and solutions company. The biennial survey also revealed a large increase in the number of employees who say their financial woes are negatively affecting their lives […]

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Why You Need to Involve Your Employees in the Hiring Process

Hiring decisions are typically made solely by the employer, with little to no input from employees. This is a mistake, Heather R. Huhman argues on Entrepreneur.com. She says that by staying fully in charge of the hiring process, employers may cause potential candidates to shy away from job offers.

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Leaders’ Toxic Behaviors—And the Courage Required to Stop Them

There seems to be a similar haunting refrain in many of today’s headlines: Leaders who have spiraled out of control – victimizing employees, abusing power, and generally reproving the time-tested principle that “absolute power corrupts absolutely.”

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What Are the Benefits of Offering an ESOP?

Nearly all of us have at least heard of Employee Stock Ownership Plans—also known as ESOPs—but far fewer are sure exactly how they work and why organizations would want to offer them.

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