Monday, May 3, 2010

ESOP

An Employee Stock Ownership Plan is a defined-contribution retirement plan where a company makes tax deferred purchases of its stock on behalf of its employees. The benefits for the company include increased cash flow, tax savings and increased productivity from motivated workers. Employees benefit by shareing in the company's success. ESOPs are also referred to as stock purchase plans.
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Sunday, May 2, 2010

Preferred Provider Organization

A Preferred Provider Organization is a health care network composed of physicians, hospitals, or other providers, which provides health care services at a reduced fee. A PPO is similar to an HMO, except that care is paid for as it is received instead of in advance in the form of a scheduled fee. Visits within the network usually require a small fee or co-payment.
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Saturday, May 1, 2010

National Bike

National Bike-to-Work Week and National Bike-to-Work Day are both held during the month of May. These workplace events are designed to get drivers to try commuting by bicycle, for better health, money savings, and a cleaner environment. Unlike most countries, the vast majority of bikes sold in the U.S. are used for recreation rather than transportation.
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Friday, April 30, 2010

HR.BLR.com

HR.BLR.com provides a comprehensive array of information and data for HR professionals. The online resource offers the following: the human resources library, state-specific regulatory analysis, HR daily news, HR industry tools, a weekly HR ezine, and the online HR community forum.
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Thursday, April 29, 2010

Passionate employees

Most hiring managers believe passionate employees are high achievers. Assessing a potential candidate's passion is more of an art than a science. Some feel those that pursue a job opening with vigor are passionate. Some think speed-talkers or speed-thinkers are passionate. Others gauge passion by looking at high school or college activities such as sports, band, and debate team participation.
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Wednesday, April 28, 2010

Vacation days

Italy, France, and Germany top the list of average number of vacation days per year, according to the World Tourism Organization. Italians receive an average of forty-two vacation days per year. Korea, Japan, and the U.S. are at the bottom of the list. Americans receive an average of thirteen vacation days per year.
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Tuesday, April 27, 2010

Succession planning

Succession planning establishes a process to recruit employees, develop their skills, and prepare them for advancement, all while retaining them to ensure a return on the organization's training investment. Succession planning involves understanding the organization's long-term goals and objectives, identifying employee development needs, and determining trends.
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