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Productive employees know how much they’re worth. |
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Universal Benefit Plans Blog
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By Universal Benefit Plans on
1/12/2009 12:45 PM
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Productive employees also know the total cost of each individual benefit given to them. Knowing the complete value of their benefits leads employees to complain less about the benefit-related costs they incur. For instance, an employee may complain that he or she is required to contribute 100 dollars per-month to medical insurance coverage. However, when that same employee realizes that the 100 dollars is merely 10% of the total cost of the plan, he or she will appreciate the employer’s contribution of 900 dollars that much more than before. More than likely, this new level of appreciation will cause the employee to complain considerably less.
A simple way of calculating employee productivity involves taking an employee’s output and dividing it by an employer’s input (i.e. labor costs, hours worked). The components that go into an employee’s total output generally include performance related variables (i.e. dollars in ...
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Generation Y employees have entered the workforce. Has your company embraced the new technologies and communication tools necessary to attract and retain top Generation Y talent? |
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Universal Benefit Plans Blog
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By Universal Benefit Plans on
1/9/2009 10:01 AM
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Generation Y adults and future working adults, drawn from among the individuals born between 1979 and 1999, increasingly view their jobs and a means of building transferrable skill portfolios and leveraging them across various industries and positions. Unlike Baby Boomers and Generation X employees, these individuals are less likely to be loyal to one company for their entire professional careers. The US government has predicted that by the age of 38, the average Generation Y working professional will have had upwards of 10 to 14 jobs.
Generation Y workers expect the workplace to be a supportive environment where goals are clearly articulated and feedback is immediately available. They are tech savvy, voracious researchers with the ability to access a limitless supply of information with the click of a mouse.
Generation Y employees are also financially savvy. A September 2008 survey conducted by Diversified Investment Advisors revealed that 37% of Generation Y wor ...
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The HR in a Box™ HR Forums allow employers to tap into seasoned policy and compliance expertise. |
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Universal Benefit Plans Blog
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By Universal Benefit Plans on
1/5/2009 9:59 AM
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No HR decisions concerning policy violations or job performance ever occur in a vacuum. Wrongful terminations are often grounds for legal action, especially when injury, illness and disability are involved. HR Managers face complex scenarios every day, especially given the current economy where cost cuts and layoffs are occurring more frequently than ever.
The HR in a Box™’s HR Forum allows experienced and novice HR professionals alike to make complicated judgment calls backed by the advice and support of HR experts. The Forum’s most vibrant participants make themselves available and accessible to answer your toughest questions based on prior knowledge and past experience.
Do you ever feel uncertain because the HR decisions you’re making for your company are based on zero precedent? With the HR Forum, this will no longer be the case. Many of our participants have been human resources professionals for more than a decade and can speak from multiple experiences ...
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