Tuesday, September 15, 2009

Return on Investment

The book "The Human Resources Scorecard: Measuring the Return on Investment" provides a comprehensive, step-by-step process for measuring return on investment. Based on the classic balanced scorecard process developed by co-author Jack J. Phillips, the book aids HR managers in determining and improving the bottom-line impact that human resource programs have on an organization.
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Monday, September 14, 2009

RCI

The Recruiter Confidence Index (RCI) was introduced in May 2003 by ExecuNet, an executive job search and recruiting organization. The RCI is designed to measure and gauge executive recruiter confidence for the next six months. The index is based on a monthly survey conducted by ExecuNet of roughly one hundred executive recruiters from across the U.S.
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Sunday, September 13, 2009

ISPI

The International Society for Performance Improvement (ISPI) is an association dedicated to improving productivity and performance in the workplace. Founded in 1962, ISPI represents more than 10,000 members throughout the U.S., Canada, and 40 other countries. ISPI's mission is to develop and recognize the proficiency of its members and advocate the use of Human Performance Technology.
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Saturday, September 12, 2009

Severance packages

There is no legal requirement in the U.S. to provide severance pay to terminated employees. Many employers routinely give severance packages to employees in order to bridge the gap between one job and the next and to hedge themselves against lawsuits. On average, severance-paying organizations provide terminated employees between one and two weeks pay for each year of service.
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Friday, September 11, 2009

Non-competes

A non-compete agreement is a document signed by an employee agreeing that, should the employee choose to leave the company, he or she will not work for a competitor for a specified period of time. Non-competes are used when employees have access to critical information. The legality of non-competes depend on state laws, the scope of the restrictions, and precedents set in court decisions.
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Thursday, September 10, 2009

Disability insurance

Workers' compensation replaces income that is lost because of a job-related injury or illness. Disability insurance covers income lost due to injuries and illnesses that are not job related. Five states -- California, Hawaii, New Jersey, New York, and Rhode Island -- require that employees be covered by disability insurance through state-run programs or by private or self-insurance coverage.
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Wednesday, September 9, 2009

Southwest Airlines

Southwest Airlines likes to hire people with a sense of humor. The company's recruiting practices are built on the idea that humor can help people remain creative under pressure, work more effectively, and stay healthier in the process. By following this mantra, Southwest is able to foster a spirited workforce with employees that go the "extra-mile" when necessary while staying with the company longer.
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