McDonald's Chief People Officer David Fairhurst has resigned following the weekend firing of CEO Steve Easterbrook, who is accused of having a relationship with an employee in violation of company policy. Fairhurst has led McDonald's global HR department since 2015.
Personal vs. corporate cards Many companies ask employees to use personal credit cards to pay for business expenses. But it's inconvenient for employees and can have negative business consequences. Learn more in "Take the personal out of business travel".
Organizations can tap into older employees' skills and knowledge by creating ways for them to mentor younger team members and giving them new challenges, writes Janice Sutherland. Give performance feedback to more mature team members to increase motivation and allow them to help shape a culture of high expectations, she writes.
Traditional models of performance management fail to improve employee engagement or eliminate manager bias, writes Claude Werder, vice president of Research Operations at Brandon Hall Group, citing data from a recent study conducted by the company. Werder offers suggestions for transforming performance management, such as by providing learning and development programs designed to support performance goals.
Goldman Sachs will offer staff up to $20,000 in financial assistance to cover the cost of fertility treatments. The move comes as the investment bank and other financial firms work to bolster their parental benefits and close the gender pay gap.
HR plays an important role in business performance by ensuring employees are trained and engaged as well as the company embraces data-driven decisions and an agile work culture, writes Dhruv Mukerjee. "Employees need to be given the space to innovate while ensuring they are responsible for achieving business goals," Mukerjee writes.
