In the past several years, more companies have introduced or re-crafted their “employee value proposition” to give employees a better idea of what the total employee experience encompasses, beyond the basic salary and benefits. Laura Sejen, global practice leader of rewards for consultancy Towers Watson & Co., recently spoke with Workforce contributing writer Meg McSherry Breslin about the key factors employers should keep in mind when they're looking to revise their employee value proposition, otherwise known as the "employment deal."Read More
A recent study conducted by Baylor University found that developing an internal social networking site could help a company acclimate its new hires into the corporate culture, improve employees' morale and reduce turnover rates.Read More
Infusing comedy into workplace culture has the potential to improve employee communication skills, build a tight-knit team of employees and lower turnover rate.Read More
Recent research suggests goals can do more harm than good. Read More
Despite the hype about private equity and job loss, they have little net effect on employment levels.
While horror stories exist, in some cases private equity takeovers can lead to healthy updates to management methods and practices.
How do we know if our first-year attrition rate is healthy? We have sources to compare overall attrition, but have not found a benchmark for attrition during the first year of employment.
—Turnover Tension, manufacturing/production, Manassas, VirginiaRead More
What are ways that we can determine who our company's top performers are?
—Taking Stock, wholesale trade, Seattle
Vice president of human resources and community relations, Harrah's New Orleans