Bonus

According to the New York State Comptroller's office, Wall Street's most recent yearly bonuses grew by an estimated 15.5 percent to reach a record level of $21.5 billion. On the heels of exceptional revenue growth and profits, the typical Wall Street bonus grew to an average of $125,500, about $25,000 higher than bonuses paid in 2000 at the peak of the last Wall Street boom.
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HR services outsourcing

The rate of HR services outsourcing will continue to grow by 10% annually, according to a recent Yankee Group study. The most frequently outsourced HR functions include outplacement services, employee assistance programs, COBRA administration, and retirement plans. Companies expect future outsourcing initiatives to include payroll, recruiting, and health and wellness.
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Knowledge management

Knowledge management is the systematic approach to getting an organization to make the best possible use of its intellectual capital in order to implement its mission and sustain competitive advantage. Knowledge management is an enterprise discipline that promotes collaborative processes for the creation, capture, organization, access and use of information assets, including the uncaptured knowledge of people.
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Structured job interviews

Structured job interview techniques rely on pre-established questions and answers based on job descriptions and requirements. Job candidate responses to questions are rated against the pre-established answers, producing comparable interviews across all candidates. Structured job interviewing also keeps job interviews on track in terms of time and subject matter.
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The Classification Job Evaluation System

The Classification Job Evaluation System is based on pre-established general definitions of the kind of work that would be found at each level, grade or class in an organization. Each job is reviewed, evaluated and placed into a class or grade. The Classification Job Evaluation System is most commonly found in the public sector and heavily unionized industries.
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FMLA

The Family and Medical Leave Act of 1993 (FMLA) provides employees twelve weeks of unpaid leave during any twelve month period to provide care for a new born or newly adopted child, provide care for a family member with serious health issues, or for extended sick leave. FMLA applies to all state, local and federal employers, local education agencies, and private-sector employers with fifty or more employees.
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Employee turnover

Employee turnover is calculated by dividing the number of annual terminations by the average number of employees in a given work force. The average employee turnover rate in the U.S. is about 12% to 15% annually. At the high end, fast food retailers experience up to 300% employee turnover. At the low end, advanced, market leading technology companies experience turnover of less than 8%.
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