2 comments on “Try the No. 1 non-pay benefit that saves you money!”

Try the No. 1 non-pay benefit that saves you money!

A CEO exclaimed that she could not compete with the higher-than-average pay and benefits of large employers. “What can I do?” she asked. I told her she should offer flexible work arrangements to her employees who did most of their…

0 comments on “Do you know the benefit preferences of your workforce?”

Do you know the benefit preferences of your workforce?

I am always delighted when clients, in the middle of an HR audit, are curious about what additional benefits they should offer to attract and retain workers for their fast-growing firms. “Should I provide more paid-time off?” they ask. “What…

0 comments on “Six Steps for 2018 to Overcome Small Salary Increase Budgets and New Pay Equity Laws”

Six Steps for 2018 to Overcome Small Salary Increase Budgets and New Pay Equity Laws

  Two compensation issues are giving workforce leaders fits at the beginning of 2018. The first is the continued small budgets for pay increases which causes challenges for retaining your best workers in a tight labor market. The second is…

0 comments on “She Is Already Getting a 12% Increase! Why Offer Her More?”

She Is Already Getting a 12% Increase! Why Offer Her More?

“She is a good candidate, but I want to bring her in at 75% of our market value. That salary will give her a 12% increase, and it saves my budget. She will take it.” “Not so fast. Our minimum…

7 comments on “The Top Six Benefits Preferred by Millennials!”

The Top Six Benefits Preferred by Millennials!

Many companies are jumping through hoops to come up with quirky benefits to attract skilled millennials. Give it a rest. According to a study published by the Employee Benefits Research Institute, rather than trendy benefits, here is what millennials prefer:[i]…

0 comments on “Wells Fargo ignored early signals of cultural breakdown!”

Wells Fargo ignored early signals of cultural breakdown!

Wells Fargo’s CEO, John Stumpf, defiantly told congressional investigators that, despite a multi-year scandal and $185 million fine, the bank did not have a culture problem.[i] But, when 5,300 employees are fired for a five-year pattern of stealing private records,…

0 comments on “Employers Need to Brace For a Tight Labor Force and Higher Wages!”

Employers Need to Brace For a Tight Labor Force and Higher Wages!

Buried in the news of robust U.S. job growth in June (287,000 jobs added) is that pay has risen at the fastest annual rate since 2009 (2.6%). Also, the labor market has tightened. The shoe has shifted to the other…