CEOs of the 350 biggest companies in the US were paid 271 times more than what the average employee received in 2016, according to a report from the Economic Policy Institute. Companies will have to reveal their CEO-to-employee pay ratio if the Trump administration does not repeal the Dodd-Frank Act mandate. The Washington Post (tiered subscription model) (7/20)
The Ultimate Guide to Employee Recognition Want to learn how to create a meaningful strategy that will yield higher levels of employee retention and engagement? Read "The Ultimate Guide to Employee Recognition" to learn about the case for employee recognition, how to secure management buy in, how to create a recognition program road map and implement a program.
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Recruiting & Retention
Flexibility key to attracting best talent Almost 40% of job candidates worldwide name flexibility as a top-three consideration when selecting an employer, according to a study from ManpowerGroup Solutions. "Workplace flexibility doesn't just mean working remotely," says Senior Vice President Kate Donovan, who notes flexibility "includes all types of working arrangements." Business News Daily (7/23)
Making the Move from Paper to Electronic Form I-9s Read the whitepaper to learn how companies are moving from paper to electronic I-9s and leveraging the I-9 and E-Verify Total Cost of Ownership analysis to uncover I-9 cost savings, eliminate their audit risk and become more efficient than ever before. Read the Whitepaper.
Survey: Workers may tap savings to pay out-of-pocket medical costs About 40% of survey respondents who have health coverage through an employer said they are struggling with out-of-pocket health costs or know someone who is, according to Securian Financial Group. The survey also found that 28% of respondents in employer-sponsored plans would take money from their savings if they faced a $5,000 out-of-pocket cost, while 12% would use a credit card and 7% would take a 401(k)-plan withdrawal. PlanSponsor online (7/21)
The HR Leader
How to improve the employee-review process If a company conducts quarterly performance reviews, leaders might need to delegate the process to department heads. This article offers tips on how to make the review process a success. Entrepreneur online (7/21)
