A report from Gartner indicates employers are offering new talent 15% pay increases to join their companies, when recruits only expect about 10%. This practice can drive up the cost of new hires, plus create friction with current employees and affect retention, Gartner HR's Brian Kropp says. HR Dive (6/14)
Do you know the financing options available to your financially stressed employees? our financially strapped employees may be struggling to provide their families with the things they need. And with 58% of Americans don't even have $1,000 in savings, how can they cover unexpected expenses? Let's take a look at some of options available and their pitfalls. Be in the know.
Strong communication among team members is key to making remote workforces successful, says Paul Wolfe, senior vice president of HR at Indeed. Wolfe uses twice-yearly face-to-face meetings as well as technology tools -- video meetings and chat platforms -- to help remote and in-office workers get to know each other. Fortune (6/15)
Employers push workers to open rainy-day accounts Companies such as Kroger, SunTrust Banks and Levi Strauss are encouraging employees to set up accounts to set aside money for emergencies. "There is a growing recognition on the part of employers that people cannot save for retirement if they don't also save for emergencies and figure out a way to pay down debt," said Ida Rademacher of the Aspen Institute's Financial Security Program. The Wall Street Journal (tiered subscription model) (6/13)
Most people don't want to cause problems in the workplace, and it's often being out of place rather than maliciousness that's the cause of disruption, says Jody Foster, psychiatry department chair at the Pennsylvania Hospital. What's important is that the C-suite models the appropriate behaviors as part of "a bought-into code, an ethical code, an accountable, social contract that this is how we behave here," Foster says. Knowledge@Wharton (6/13)
