Practical HR Tips, News & Advice. Updated Daily.
86.6% of the employers responding to our 2014 survey offer either a 401(k) or 403(b) retirement savings plan to employees. 60.3% of the employers responding to our survey that offer a 401(k) or 403(b) plan to their employees also provide a matching contribution. 41.4% of employers match employee contributions dollar-for-dollar. 31.3% go 50 cents on […]
It’s tempting for employers to put rules in the company handbook informing employees that they are prohibited from discussing wages and benefits with coworkers. Such policies often warn employees that violators will be subject to discipline up to and including termination. But who’s really in trouble because of that kind of policy? The employee polling […]
by Judith E. Kramer The U.S. Treasury Department has issued a final rule requiring that any entity that enters into a contract with the department make good-faith efforts to include minorities and women in its workforce. The new rule goes into effect April 21. The requirement grows out of the 2010 Dodd-Frank Act, which states […]
John Wooden led the University of California, Los Angeles (UCLA) Bruins to 10 NCAA basketball championships in 12 years and, among other accomplishments, has been named America’s “Greatest Coach of the 20th Century” by ESPN. He also wrote or co-wrote several books, including Coach Wooden’s Game Plan for Success: 12 Lessons for Extraordinary Performance and […]
Yesterday’s Advisor covered the first three critical hiring mistakes; today, more errors, plus an introduction to the all-things-HR-in-one-place website, HR.BLR.com. Go here for mistakes 1-3 4. Making Poor Selection Decisions Especially if you have not done a good job of gathering information about candidates, it’s easy to rely on one of these misleading factors: […]
Vesting of Commissions One particularly difficult sticking point with commission agreements is failing to define what is supposed to happen if a sale is canceled or the terms need to be renegotiated. One solution that eliminates many problems is to state that a draw or advance becomes a vested commission only after all conditions on […]
Given a choice of using the carrot or the stick in their organizations, many people favor the carrot. But not today’s guest poster, Kyle Eastham (a.k.a., “the Black Belt Speaker”). He feels we need more stick—or perhaps “kick,” given his moniker?