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- Now's the time to prepare for older workers
Flexible schedules and jobs and continuous training to "master new skills as the economy changes" will be crucial for employers as the population ages, David Bloom and David Canning write. "[T]he private sector -- with appropriate public-policy support -- should anticipate, rather than passively await, this trend toward longer lifespans and older employees," they write. Harvard Business Review online/HBR Blog Network
(12/3)
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- How to save a poor-performing new employee
If a new employee isn't improving, the manager should make sure necessary training is being provided and then work with the employee to identify strengths and weaknesses, Vicki Crowe writes. "You can approach this in a positive way by asking them what aspects of the job they love and which ones they'd rather not do. You may find that they are just not suited to the role you employed them to do," she writes. StartupSmart.com.au (Australia)
(12/4)
- 11 ways to inexpensively find talent
Your employees can supplement the recruiting budget by finding talent through their professional gatherings or social media interactions, John Sullivan writes. "Gather staff for ice cream or pizza and ask them to bring their smartphones or whatever device contains their contact lists," and then "invite everyone to scour their contacts for suitable candidates," he suggests. BusinessManagementDaily.com
(12/3)
- The right benefits attract the best talent
A strong benefits plan is essential in recruiting and retaining the best talent, consultant Mary Dunlap writes. Options to consider include health insurance and related accounts, dental insurance and preventive plans. Other benefits welcomed by employees include retirement planning, results-oriented bonuses and incentives, and fringe benefits. FPAnet.org/Practice Management Center blog
(11/30)
- How to go about reducing pay
It can be difficult to ask employees to take a pay cut, but the process can be smoother if the business case is presented and senior leaders are available to discuss it, Grady Winston writes. "Enforce the bond between management and employees and do your best to take care of them while addressing your financial concerns," he writes. B2C Marketing Insider
(12/3)
- Wellness initiatives offer a better strategic plan, expert says
Some companies prefer wellness initiatives over ongoing programs because initiatives have end points and are more strategic, says Nancy Pokorny of Findley Davies. She says employee wellness initiatives are being integrated with other components, such as health-plan design, safety and onsite clinics, because the elements are all connected. Smart Business online
(12/1)
Regulatory & Legal Update |
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- Why every company needs a boss of innovation
To create a culture of innovation, start by creating an innovation infrastructure, advises Rowan Gibson. Appoint an "innovation czar" to oversee your company's creativity, along with part-time "innovation mentors" and full-time "innovation consultants" to coach and support future innovators. InnovationExcellence.com
(12/1)
- Let's party -- but not too hard, CEOs say
Nine out of 10 companies plan to throw a holiday party this year, the most since the recession hit and up from less than 75% last year, according to a Battalia Winston survey. Still, many parties will be low-key, low-budget affairs, with almost half held at lunchtime rather than in the evening. "You can't be Scrooge forever," says Battalia Winston CEO Dale Winston. "It's not that business is booming; it's just that [firms] don't want to keep skimming everything down." The Wall Street Journal/At Work blog
(11/30)
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--Margaret Fuller, American journalist and women's rights activist
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