Tuesday, September 8, 2009

Marquis de Vauvenargues

“The greatest achievement of the human spirit is to live up to one's opportunities and make the most of one's resources.” - Marquis de Vauvenargues.
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Monday, September 7, 2009

Employee background checks

ADP Screening and Selection Services conducted nearly five million employee background checks last year. Forty-nine percent of the education, employment, and credential verifications had inconsistencies between what the applicants provided and what the source reported. Six percent of the information differences were received with negative remarks from the source in regard to the applicant.
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Sunday, September 6, 2009

Retirement planning

More companies are shifting responsibility for retirement planning and funding to their workers. Traditional defined benefit pension plans and generous matching arrangements are giving way to employee funded 401(k) plans and cash balance plans. Reasons for the change include company cost cutting, competitive pressures, and a general decline in the length of tenure of employees.
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Friday, September 4, 2009

Behavioral job interviewing

Behavioral job interviewing was developed in the 1970s. Behavioral interviewing emphasizes past performance and behavior in predicting a candidate's future success with an organization. Candidates are asked to give specific examples of how they demonstrated particular behaviors and skills in the past. Nearly 30% of all organizations use behavioral interviewing to some degree.
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Thursday, September 3, 2009

Slotting job

A commonly used job evaluation method is the slotting job evaluation system. A slotting job evaluation system uses the existing ranking of jobs within a company. New or revised jobs are evaluated by assessing them in relationship to other jobs within the existing job hierarchy.
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Wednesday, September 2, 2009

ERISA

The Employee Retirement Income Security Act was enacted to ensure the solvency of private pension plans. The law established the rights of pension plan participants, standards for the investment of pension plan assets, and requirements for the disclosure of plan provisions. The act also provided those not covered by a private pension the option of a tax-deductible Individual Retirement Account.
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Tuesday, September 1, 2009

Employee oriented organizations

Many studies show that companies with low turnover rates are very employee oriented. Employee oriented organizations solicit input and involvement from all employees and maintain a true "open-door" policy. Employees are given opportunities for advancement and are not micro-managed. Employees believe they have a voice and are recognized for their contribution.
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