Of the many HR metrics we study, perhaps some of the most requested are turnover metrics. It’s important to know how much turnover we have so we can make estimates on how much this turnover is costing the organization and to take steps to reduce both the turnover and the associated costs. These costs have […]
Tag: new hire
As part of the negotiations for a new hire’s total compensation package, the candidate has asked the company to waive the health benefits eligibility period and start benefits immediately. Can the company agree to this for some new hires and not others? Would this put the company in jeopardy of potential discrimination claims?
Perhaps it should go without saying that making good hiring decisions is critically important to a business’s success. But yet, even though it seems like an obvious statement, many organizations still shortchange the process, especially in times when job applicants are plentiful. Doing that can be a big mistake and can have far-reaching effects. Let’s […]
Turnover costs for businesses are high and can significantly affect the financial performance of an organization or business. It has been estimated that, on average, it costs a company one-third of a new hire’s annual salary to replace an employee. What causes turnover? Click here to read more.
Yesterday we explored a new way to eliminate employee lawsuits. Today, information on groundbreaking software that streamlines performance management and onboarding
The HR Daily Advisor’s HR Metrics Survey, conducted in April 2015, sought to gain a better understanding of how metrics are being utilized in the field of human resources. We all know how the C-suite loves to see hard data: Which HR arenas (and what aspects of them) are the most measured? Does HR use […]
During the hiring process, a crucial decision for an employer is whether to bring on a new individual as an employee or as a contractor. Granted, in some businesses the choice may be clear, but in others it can require more of a judgment call. This decision is not a small one—it has legal consequences […]
In yesterday’s Advisor, we discussed the wage and hour compliance dangers of employee cell phone use; today, help with crafting intelligent cell phone policies.
Are your nonexempt employees sneaking a peek at work-related e-mail while off the clock? asks Tammy Binford, writing on HrHero.com®. Watch out: There could be tricky wage and hour dangers ahead.
When a new hire is brought on board, it feels like there are a million things to do. Beyond the obvious things like completing all the necessary paperwork and informing the employee of the basics (like when and where to show up!), there are a lot of onboarding activities that are crucial to long-term success […]