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In a knowledge-based economy, companies upgrade their “capital” not by overhauling outdated machinery but by upskilling their workforce. That’s because human capital is increasingly the most important asset companies possess. And while humans aren’t as static as machinery, they still need to be retooled and upgraded.
by David Micah Kaufman “Oh my!” my lunch colleague exclaimed after glancing at her Blackberry (R) during a break in the conversation. “I am being invited to Candidate X’s fundraiser by my boss. Why does she think I support him/her?” ‘Tis the season — election season — when perfectly normal people who usually would never […]
Most organizations value employees who can think for themselves and think on their feet. But even employees who are the most independent and thorough can make mistakes. For this reason, a key focus of many training programs is training employees to follow a formal process.
Even for very large companies, absenteeism among employees can be a big deal. But, for smaller organizations, where there are fewer people in a given position—perhaps only one person in a certain position—absenteeism can have a significant impact on productivity and customer service.
A business-funded think tank has surveyed employers and concluded they “face a significant financial burden” when it comes to complying with the Family and Medical Leave Act (FMLA). Based on its survey, the Washington, D.C.-based Employment Policy Foundation (EPF) estimates that FMLA compliance cost employers $21 billion in 2004. The direct costs included net labor […]
Here’s a fun fact: This year, the first Gen Z babies officially turned 22. That means they’re graduating college in droves while bringing their generation’s unique strengths and skills into the entry-level talent pool.
Today’s workplace is far more diverse than workplaces of the past. That diversity is exhibited through a wide range of demographic characteristics: age, sex, sexual preference, nationality, ethnicity, and religion, for example. There are big benefits to building a diverse workforce. Researchers writing for Harvard Business Review, for instance, were able to draw a correlation […]
In our latest installment of Ask the Expert, brought to you by the team of industry experts at HR Hero®, we look at a recent question from a subscriber regarding the accidental sharing of an employee personal information and an organization’s obligations to report the mistake. Q: A client of ours experienced a technical issue within their […]
Maybe you remember Royce White, an NBA hopeful whose fear of flying led him to confront the league’s approach to mental health treatment.
Pay compression is particularly difficult to address in times of economic hardship, says Wudyka, but there are steps you can take to eliminate it. Wudyka is managing principal of Westminster Associates in Wrentham, Massachusetts. His tips came during a recent webinar sponsored by BLR. 1) Revisit/rebuild “grade structure.” The first thing we can do is […]