Let’s compare two scenarios.
First, picture an employee who’s worked hard to stand out from the crowd. They’ve taken on extra responsibility within your organization, engaged in and contributed to your company culture, and worked hard to improve by taking advantage of professional development opportunities.
2021 has flown by! We find ourselves at the end of another year. In this last Astronology® for 2021, we will recap some emerging HR trends we saw in the year.
How loyal are your employees to your organization? As you consider this question, a few employees might stand out in your mind for their dedication to your nonprofit’s cause or their above-and-beyond contributions to a recent project for your business.
Picture this: It’s a typical in-office day for your hybrid team, and as you walk into the break room to refill your coffee, you notice a group of employees gathered together and talking over a news article in the local paper.
What elements do employers need to consider when creating incentive pay plans? Our partners at Terkel asked HR/recruiting professionals and business leaders their insights on developing incentive pay plans.
Good employees can be hard to come by, so once you’ve found one that contributes to your business and works well with your team, you want to hang on to them.
Today, our workforce is more complex than ever, spanning multiple generations and demographics.The world’s current workforce includes a mix of “Baby Boomers” (currently ages 57-75), “Gen X” (currently ages 41-56), “Millennials” (currently ages 25 – 40), and “Gen Z” (currently ages 9 – 24).
It’s disheartening to learn that an employee is choosing to leave your organization. Turnover leaves your HR team and organizational leaders scrambling to find a replacement, and if the employee leaves the organization on a sour note, the experience can be especially awkward and even leave some professional relationships in jeopardy.
Last year, when preparing for 2021 and what we assumed would be a post-Covid 19 world, this article focused on the fact that most nonprofit organizations had frozen executive base pay levels and were focusing on long-term incentives.
As with our review of 2022 compensation budgeting in the last Astronology®, predictions on how variable compensation will unfold are challenging.
