Practical HR Tips, News & Advice. Updated Daily.
Yesterday, we looked at new executive compensation disclosure rules proposed by the Securities and Exchange Commission (SEC). Today: who’s covered by the rules, and how to calculate executive compensation that was actually paid out over a given time period.
The Securities and Exchange Commission (SEC) recently proposed rules that would require companies to disclose the relationship between executive compensation and the company’s financial performance. Today and tomorrow, we’ll look at what these rules mean for employers.
Fernández-Aráoz says that potential is the fourth era of talent spotting. Here are the previous three: Physical attributes. For thousands of years, people looked for the biggest, strongest, and healthiest people who could handle the physical aspects that most jobs required. Intelligence, experience, and past performance. For much of the 20th century, education and experience […]
Do not include the following in your documentation, says Wobst: Personal opinions. Rumors or speculation about the employee’s personal life. Theories about why the employee behaves a certain way. (Don’t practice psychiatry without a license.) For example, don’t call an employee “crazy.” Instead, document behaviors. Legal conclusions. (Don’t practice law without a license.) For example, […]
Before you hit the Send key, ask how it might sound to a jury. Is it: Readable? That is, is it easy to understand, legible, and well organized? Professional? Wobst cites the example of a CEO who couldn’t write a sentence without a four-letter word in it. (That ultimately cost the employer $2 million.) Concise? […]
With difficult, loud people, ask, Why is he or she so difficult? Maybe my thought is that this person is insecure, so I change my behavior, things change for the better, and the other person takes the credit. But there’s the beginning of a relationship. Four Ts of Crucial Connections To work on difficult relationships, […]
HR Isn’t About Compliance We spend a lot of energy worrying about regulations and compliance, says Schooling, but that’s not HR. We professionals in HR: Pay attention to changing conditions, constantly scanning the environment. Explore and stay tuned in to human dynamics. Understand theories of motivation like push/pull and Maslow. Are empathetic and tuned in […]
Letke, who is founder and CEO of Integrity HR, Inc., in Louisville, Kentucky, offered her tips at BLR’s Strategic HR Leadership Summit in Scottsdale, Arizona. How Do You Identify Providers/Partners/Vendors? There are a number of helpful sources for finding outsourcing options, says Letke, including: Referrals, networking, colleagues Newspapers and magazines (HRO Today) Internet Mailings Professional […]
What Is Outsourcing? Outsourcing is the contracting of an internal business process to a third party organization, says Letke, who is founder and CEO of Integrity HR, Inc., in Louisville, Kentucky. She offered her tips at BLR’s Strategic HR Leadership Summit in Scottsdale, Arizona. What’s the Difference Between Outsourcing and Offshoring? The two terms are […]
McMullen is Reward Practice Leader for Hay Group in Chicago. He was joined by Dow Scott, Professor of Human Resources in the Quinlan School of Business Administration at Loyola University Chicago and president of Performance Development International, a management consulting firm. Their remarks came at the WorldatWork conference in Philadelphia. McMullen offers the following “equation” […]