Giving your organization’s leaders the tools to engage employees, help them work efficiently, and improve their skills is essential to building a solid organization. One way to do this is by implementing the SBI Method. The Situation-Behavior-Impact (SBI) Model is simple to use with managers and employees. Using the SBI Model, you capture and clarify […]
An employee success system, aka performance technology, is a tool that helps support goals, growth, and productivity, fuels engagement, and creates a sense of well-being for employees. The system should help your company systematically connect, measure, and empower the success of each employee, team, and unit in alignment with the overall goals and objectives of […]
A well-designed performance review process helps management understand employees’ contributions to the company, their growth, areas they excel, and areas for improvement over the next few months.
While some companies have increased hiring coming out of COVID-19, others are looking to slow down hiring in 2023 until the economic forecast improves. A slowdown provides time to update the company’s image, reorganize recruiter reach out, revise hiring processes, benefits documentation, etc. Doing this now helps ensure you’re ready to hit the hiring gas […]
Concerning productive workers, numerous studies over the past two decades confirm that happiness matters when it comes to productivity. While it sounds simple, leaders must recognize that they are central to employees experiencing positive feelings, increased motivation, and engagement. This article references fundamental studies that leaders can draw from to help ensure employee happiness and […]
Classifying an employee correctly makes a difference in how you pay them, what taxes are paid by who, and how you deduct worker-related expenses. An employer may pay an independent contractor and an employee for similar work, but there are important legal differences between them. Therefore, employers must accurately determine whether the people providing services […]
HR managers who are willing to foster a culture of open communication on a regular basis may be able to eliminate any surprises or uncomfortable conversations prior to performance evaluation submission dates.
We know HR is key to the success of a business because it is our business. But recent findings from our State of HR survey bring this to light in new ways.
For more than a year, the markets have been fueled by low interest rates, quantitative easing (the Federal Reserve injecting money into the economy), and stimulus and relief legislation from the Federal government aimed at easing the cost of the shutdown following COVID.
Financial Services Companies have the potential to transform their business by outsourcing the heaviest HR burdens to a Professional Employer Organization (“PEO”). When RIAs, asset management, and fund companies work with a PEO, they enter into a co-employment agreement. The company becomes the client in a contractual agreement, and the PEO shares specific employer responsibilities […]
Inorganic growth via acquisition has become a proven way for companies to quickly scale and grow. Often, the company being acquired is a competitor with a proven record of success, revenue, and employee retention. The merger and acquisition (M&A) also may be due to a company wanting to consolidate or enter a new market. Whatever […]
