When it comes to developing a team, a company cannot just wing it. A strategic plan is essential to helping employees reach their full potential. The good news is that employee development planning is not as complicated as it seems. Let's dig deeper into employee development planning in this article. What Is Employee Development Planning? Employee development planning is the process of creating actionable steps for employees to advance their skills and careers. There are various approaches to employee development planning: Skill assessments: Identify current capabilities and skill gaps that ... view blog & white papers details

Employee evaluations are a crucial part of any organization. They help managers identify and address performance issues, set goals, and provide feedback to employees. But with so many different aspects of employee evaluations to consider, it can be tough to know where to start. In this article, we'll discuss 8 key aspects of employee evaluations. We'll cover everything from setting clear expectations to providing constructive feedback. So, whether you're a new manager or looking for a refresher, this article is for you. Importance of Employee Evaluations Checking on how employees are doing is... view blog & white papers details

Have you ever felt like you are not compensated well for the work that you do? If so, you are not alone. Achieving pay equity is an ongoing issue that impacts many people throughout their careers. The gender pay gap is real, and it is time to start talking about how to fix it. As an employee, you have power and there are steps you can take to make sure you are getting paid what you deserve. It is time to learn how to research industry standards about total compensation. Achieving pay equity will not happen overnight. But with knowledge, you can close the pay gap and help people receive fair pa... view blog & white papers details

Amid an exciting new management role, employees encounter a management incentive plan with various key performance goals. Before signing on to the dotted line, it is crucial to understand the goals and their metrics. Management incentive plans vary in structure and format. Knowing what to expect helps employees hit the ground running and set themselves up for success in their new role. What are Management Incentive Plans? Management incentive plans are programs companies put in place to reward leadership roles for meeting business goals. Management incentive plans set certain targets for lead... view blog & white papers details

Everyone wants a fair deal for their efforts, but pay inequity remains a persistent issue. Laws try to stop it, but it is a tricky one. To shed light on this incessant issue, read this article as it unravels the current pay gap, its causes, and possible solutions. What Is Pay Inequity? Pay inequity is unequal pay for work of equal value. This unfair treatment greatly affects women and other ethnicities. This is an going issue that negatively impacts both individuals and society. Closing the pay gap is crucial to achieve equal opportunity and fair treatment. Unfair pay adds to the poverty loop.... view blog & white papers details

It is a common gripe. There are employees with the same job title and duties with similar levels of experience and education. But somehow, someone's paycheck has more zeros at the end. It is enough to make anyone feel undervalued and shortchanged. There are prevalent reasons why employees receive different pay for the same work. Various forces can skew pay, leading to perceived unfairness despite no intention of lowballing certain employees. But before storming the boss's office, it is essential to understand the complex factors that influence pay. The Systemic Issue of Unfair Pay Unfair pay i... view blog & white papers details

Starting a company can be exciting, but it also presents a fair share of challenges. One of the biggest hurdles is setting the appropriate pay for the first engineer who joins the fledgling startup. They are taking a huge risk by jumping aboard, so they will want something that reflects that. However, it is also vital to consider what is fair for the founders who got the ball rolling in the first place. Balancing pay, equity, and title for that first technical hire requires a deep understanding of everyone's contributions. It also involves setting expectations upfront. Having a good grasp of s... view blog & white papers details

Labor shortages occur when there simply aren't enough people to work in available jobs. However, the current labor shortage in the United States is unique. While there are plenty of people willing to work, the problem is that there aren't enough jobs that people want to do. The lack of workers has caused a big change. Now, employees have more negotiating power. This is especially true in industries where workers deal directly with customers. To address this shortage, businesses must adopt current practices. These can include implementing flexible work arrangements, offering competitive compens... view blog & white papers details

Layoffs can be ugly. One day, you’re a happy employee who has recently been promoted. Perhaps you’re planning a long-awaited family vacation, or you're relocating to the big city so that you can work from your company’s corporate headquarters.But then one morning your computer refuses to let you sign in for work, no matter how many times you reboot it. Next comes a text inviting you to a Zoom call in 20 minutes. There you find out that you and 20, 100, 3,000 or even 90,000 have been laid-off. When you check your email, there’s an empathetic letter from your CEO.Maybe it’s from Peloton co-found... view blog & white papers details

Layoffs can be ugly. One day, you’re a happy employee who has recently been promoted. Perhaps you’re planning a long-awaited family vacation, or you're relocating to the big city so that you can work from your company’s corporate headquarters.But then one morning your computer refuses to let you sign in for work, no matter how many times you reboot it. Next comes a text inviting you to a Zoom call in 20 minutes. There you find out that you and 20, 100, 3,000 or even 90,000 have been laid-off. When you check your email, there’s an empathetic letter from your CEO.Maybe it’s from Peloton co-found... view blog & white papers details