Financial wellness is a topic that increasingly pops up on the agenda of employers. With 69% of workers being stressed about their finances and 72% worrying about their personal finances at work, it’s not hard to see why. As a result, a growing number of organizations are launching financial wellness programs for their employees to…
Compensation and benefits refer to the benefits a firm provides to its employees in exchange for their labor. Compensation and benefits are thus a key part of Human Resource Management. In this article, we will provide you with a full guide about compensation and benefits. Contents What are compensation and benefits? Why are compensation and…
The Employee Value Proposition (EVP) has come on the radar of an increasing number of organizations. In this article, we’ll give a definition of the Employee Value Proposition, share key elements, and give examples of how today’s companies are leveraging EVP. ContentsWhat is an Employee Value PropositionEVP vs. Employer Brand5 Key elements of an Employee…
Praise in public, criticize in private they say. There’s nothing better than knowing that your efforts are appreciated. Whether it’s felt like a good or bad week, been a heavy workload or you’ve achieved many goals, it’s great to have your efforts recognized not only on a one-to-one level but in front of others. Public…
High turnover can be both a good and a bad thing. When it comes to sales value, for instance, you want your turnover to go through the roof. When it comes to your employees, however, high turnover is something you want to avoid. There’s the obvious operational hassle of finding and hiring someone else and…
The HR generalist is probably the most varied HR professional out there. In this article, we will answer what an HR generalist is, what he or she does, how to become one, how much you earn as a generalist, and all the other information that you’ll want to know! We also added an example job…
We’ve written a lot about performance management and the employee performance review. In this article, we will provide you with an employee performance review template that you can use during your performance appraisal meetings. Employee Performance Review The employee performance review is an annual or bi-annual happening in which the employee is rated on their…
Are generational differences in the workplace a thing or not? Some say they most definitely are, others say they’re an absolute myth. In this article, we’re going to take a look at the current generational diversity in the workplace; what generations make up the global workforce, how do they perceive work and how can organizations…
At Bosch in North America, we recognize that it’s possible to effectively use analytics in HR practices to support positive business outcomes. While leadership was eager to bring data analytics into the day-to-day work of HR, we knew that simply introducing an IT tool would not be enough to achieve the desired results. To succeed,…
The performance management cycle is a reoccurring phenomenon in every organization. In this article, the third in our performance management series, we will explain the performance management cycle, how it is evolving, and how to leverage it for the good of both employees and the business. What is the performance management cycle?The performance management cycle…
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