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Cafe Classic: Rethinking Compensation Training

Compensation Cafe

Editor's Note: Is your manager training on compensation failing to get the job done? The inadequacy or ineffectiveness of manager training is a concern for most of us -- and if it's not, it probably should be. Here's a look at a few ways compensation training could become far more effective.

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L&D: The Key to Success for Today’s SMBs

Extensis

Quick look: A whopping 96% of employees want the opportunity to enhance their skills, yet two-thirds of employers report confusion about how to create a proper learning and development program. ” Many types of training fall under this umbrella, including: Onboarding and new hire programs. .” Career development.

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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

READ OUR EBOOK. Attrition has always been expensive for companies, but in many industries, the cost of losing good workers is rising, thanks to increasingly tight labor markets. This makes measuring employee turnover more important for employers. How can you gauge if you’re spending too much on employee turnover? In other words, 15.1%

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Strategy Not Part of Your Rep? Here's How to Change Their Minds

Compensation Cafe

How about kicking off with a definition of " strategic partner " coming straight to you from Compensation Cafe. But don't imagine you'll be praised for your strategic insights when you've finished the project. A better label for this work is that "you're getting your house in order." A fruitful, but not typically strategic, exercise.

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Performance Management: Design a Modern Process That Creates Results

HR Bartender

Even if those percentages are a little bit off, the bottom-line is remote work is on the rise. Here are five performance management activities to consider: Take performance management online. With managers and employees not always working in the same location, an online option is not only convenient but absolutely necessary.

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CEOs Still Cool to HR as Strategic Partner

Compensation Cafe

After all, those who handle compensation influence most talent strategy components including recruiting, performance management, development and staffing. . Yep, this became an issue at least ten years ago. The recent findings target "senior HR individuals who counsel managers on talent issues." Why is HR's ability still in question?

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In Training for the Performance Management Marathon

Compensation Cafe

Imagine training for a marathon. The 15-minute meeting is just an administrative check-off to keep employees from being surprised, and in some cases, shocked. Administrative tasks like these meetings keep the business going, but they don't help employees to learn or grow. Over and over and over again. Which many don't.