By implementing a total reward program, a company can build a reputation as a great place to work and therefore attract the best talent. Nonmonetary benefits and perks can, when combined with competitive salaries, form a well-rounded compensation strategy that helps an organization attract candidates, increase offer acceptance rates, and improve retention. Over the last three years, it’s become more and more common for candidates to receive multiple job offers at one time—and, consequently, for companies to increase salaries to attract them. Salary isn’t necessarily the most important factor candidates consider, though, and the best way for companies to increase offer acceptance (especially in multiple-offer scenarios) is by making improvements in the nonmonetary incentives they provide.
Employment Enterprises Blog
Topics: Human Resources Insights
Corporate value is increasingly dependent on employees, and talent optimization is becoming a serious business issue.
We all have the best intentions on January 1st–making resolutions to eat healthier or workout more or get more sleep. What if you made a resolution to live more gratefully? That’s the goal Janice Kaplan set for herself in her New York Times bestselling book, “The Gratitude Diaries.”
The term “optimized” tends to get thrown around a lot, especially when talking about employee scheduling. But what does it really mean?
People at Google love data. They measure everything. A few years back, they launched a research initiative called Project Oxygen in order to measure and improve key management behaviors at Google. This initiative is highlighted in a 2013 Harvard Business Review piece by David A. Garvin, professor at Harvard Business School.
It’s no longer news–to employers or to potential employees–that social media accounts offer a glimpse into the lives of applicants that has never before been possible. At least, that’s the case for those whose information is made available to the public, whether by design or by accident. This enables hiring managers to approach their applicant pool with more information than ever. But using these tools comes with several caveats–some cons to balance out the pros, both from legal and ethical standpoints. Here are some potential pitfalls as well as some good ideas to make sure you’re using these tools wisely.
Under the direction of Reed Hastings and Patty McCord, Netflix prospered with groundbreaking HR policies, which Patty wrote about in “How Netflix Reinvented HR.” The first of five basic precepts that drove Netflix’s HR policies is, “Hire, reward, and tolerate only fully formed adults.”
Leaders are busy people who need to set and manage priorities, often dismissing or delegating tasks that don't provide a strong return on their investment of time.
Nonetheless, there's one area of responsibility that leaders should never ignore...their employees.
I have an employee that filed a complaint against their supervisor for alleged harassment. An investigation has been completed and it was determined that there was no harassment and the issue was resolved. I am very concerned about the employee and their supervisor being able to work effectively together in the future. What can I do to help them move forward after this situation?