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Workforce News of the Week:
Latest 401(k) Feature: Debit Card to Tap Retirement Savings: The
ease of plastic is coming to retirement plans. The Reserve, the fund company
that pioneered the money market fund, now offers a product that lets 401(k)
participants borrow from their accounts using either a debit card or checks.
Click to read more.
>>>
Presidential Candidates Passionately Promise Change in Employer-Sponsored
Care: From Giuliani to Obama and beyond, candidates talk about
overhauling employer-sponsored health care plans—in one way or another.
But one analyst thinks it's more about commitment to a cause than
creating a presidential policy blueprint.
Click to read more.
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Firms Hit Wall on Tech Worker Hiring in New York City: High-tech
employees are so hard to find that some firms are giving up and expanding
elsewhere, threatening one of the city's fastest-growing industries.
Click to read more.
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States Start Mandating 'Cafeteria' Health Plans
Click to read more.
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DOL Sets $100-a-Day Fine for 401(k) Company Stock Snafus
Click to read more.
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Rules on Listing Jobs for Veterans Released
Click to read more.
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Quick Takes:
Overworked and On the Move
Click to read more.
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Tee Time for Training?
Click to read more.
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Their Cheatin' Hearts
Click to read more. >>>
Workers' Money Woes
Click to read more. >>>
A convenient tactic
Feature: Green Recruiting Helps Bring in Top Talent
In the race to attract the
most talented, innovative employees, companies like GE are painting themselves
in green—a rich environmental green—to boost their recruiting leverage.
An environmental pedigree, recruiting experts say, can help lure applicants.
Read more about green recruiting >>>
Also:
Highlighting Your Green>>>
5 Questions for Walter J. Cleaver, President and
CEO of the Human Resource Planning Society>>>
Alcoa Does Its Bit for the World>>>
Emphasis on Culture Not Leading to Higher Performance
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HP and Patagonia: Two Similar Yet Different Leadership
Styles >>>
Labor Practices Affect Decisions by Socially Conscious
Investors >>>
Global workforce report: India
Feature: India's New Bargain
Workforce Management staff writer Jeremy Smerd recently traveled to India to report on the changing nature of workforce
management issues in a nation that has become nearly synonymous with outsourcing.
This three-part series examines how India's outsourcing industry is evolving.
Part 1: Rising in the East
As India's outsourcing industry moves into performing higher-level work,
companies are confronting formidable workforce challenges and waging a battle
of hearts and minds to convince their overseas clients that they can be
critical business partners.
Read more about India's evolving workforce.
>>>
Also:
Breaking the Taboo of Firing
A sign that Indian human resource executives have embraced global business
practices is not their ability to recruit and train employees, but their
willingness to fire them.
Firms Ratchet Up Efforts to Boost Security
Security is a huge concern in India and is taken seriously by both
client and vendor, since Indian companies win contracts that give them
access to a client’s proprietary information. Clients often perform
random security audits on their Indian vendors.
The Right Profile for Worker Loyalty
Recruiting and retention experts in India believe employees who come from
a family of little wealth and grew up in a smaller city where opportunities
were limited are more loyal to their companies. Hiring them is a ticket
to lower turnover.
Fast Track Greets Indian Returnees
For returning expats, the opportunities in India are particularly abundant.
With their technical, cultural and language skills sharpened by years in
the American market, Indian repatriates are especially well qualified to
bridge the gap between Indian and American workforces.
'Bench' Warmers Often Lack Experience
In India, companies develop a 'bench,' because employees, like athletes,
must be ready to sub in at a moment's notice. But since companies require
employees to work on a project for as long as a year and a half before moving
on to something new, an employee can face months on the company bench without
ever actually working.
India's New Bargain Episode 1:
Prabhi Jha, head of human resources at Indian drug maker Dr. Reddy's
Laboratories discusses recruiting and retaining in one of the world's
tightest labor markets.
Free benchmark report
Participate in Benchmarking Study and Receive Valuable
Baseline Data
Just in time for HR budget setting,
Workforce Management, APQC and IBM invite you to take part in our
ongoing benchmarking research aimed at assessing your organization's effectiveness
in developing talent (both learning and performance management), training
talent and counseling talent. Through this open-standards research, we provide
you with the analysis needed to make improvements based on the practices
of top-performing organizations. The data being collected is vital for assessing
the management of processes such as employee orientation and deployment,
employee performance, employee relations, and the development and training
of employees.
There is no cost to participate in this research, and in return for submitting
your data, you will receive a complimentary customized metrics report.
Click here to get started.
Training trends
Opening the Books on Training and Development
Training budgets are rising,
but HR and chief learning officers still worry that if their companies hit
hard times, their training budgets will be the first to get cut. Annual
learning reports can demonstrate to top managers why training is important.
Click here to read the more.
>>>
Also:
Task Force Training Develops New Leaders, Solves Real Business Issues and
Helps Cut Costs >>>
Top Training Providers
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A Higher Standard for Managers
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A Menu for Management
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Making a Career U-Turn
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Discussion
Flex Schedule
Posted in the Work Views Forum:
A reader writes: "My company doesn't have an official flex schedule policy,
which means some departments are able to have a flex schedule whereas other
departments do not, like my department (HR). What is the best way to present
a request for consideration to see if this benefit can be implemented to
the VP of HR?"
Join the discussion.
>>>
Blog: The Business of Management
A Call Center Story with a Happy Ending
It's hard to do business
in 21st century America without encountering a call center. If you're like
me, more often than not this turns out to be a less-than-satisfactory experience,
talking with some company's outsourced workforce that is struggling mightily
to help you from some foreign land many time zones away. Read more of the
Business of Management blog.
Read more of the Business of Management blog.
>>>
The Legal Work Views
Curbing Runaway Discrimination and Harassment Cost
Employers, general
counsels and HR professionals have become resourceful in developing ways
to reduce or avoid employee claims and the subsequent expenses in employment
law actions. Given the current Supreme Court's willingness to apply the
plain meaning of employment statutes, it may also be willing to give business
a very powerful weapon in cost control—the recovery of attorneys' fees from
a losing employee/plaintiff.
Read more about curbing the costs of discrimination
and harassment lawsuits.
>>>
Also:
Employee Rejects Employer's Harassment Remedies
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Calif. Harassment Act May Affect Out-of-State Managers
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Employers' Biggest Legal Mistakes
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Facebook Faux Pas
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An Unfair Play Against Bias
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The Last Word: John Sullivan
Churn, Churn Churn: Turnover ... and Over
There are many signs
that constant employee churn is already happening. Like it or not, get ready
for it.
Read more about churn.
>>>
Also:
Not All Turnover Is Equal
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Finding and Keeping the Best: 3 Ways to Ensure
That Employees Stay
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A Step Ahead of Trouble
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HR's Dinosaurs
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