With staffing levels expected to rise almost 20 percent in 2015, the job market is looking hot for candidates and busy for HR. Many companies are bringing in new candidates at higher rates this year, and your current employees now have other options if they aren't happy. Making employees successful is vital to their job satisfaction and retention--and because of the job market heating up, it's more important than ever.
Imagine two companies...
When you press your cold hands around a warm cup of coffee in the morning? The steam wafts up, and you breathe in the roasty scent that reminds you everything’s going to be okay. Or perhaps it’s Diet Coke that gets you through the day. You have a similar moment when you hear the crisp sound of carbonation escaping the top of the can, making you salivate with the promise of a clear head and a checked-off list of to-dos. Whatever your pleasure, that tall drink of help got you through some pretty rough days, and you can’t imagine your life without it. You may even feel a sense of obligation because you’ve been together so long. Even if you have thought a time or two that you may kick the caffeine habit someday. Haven’t we all?
There’s a lot of noise about talent. Where to find it, how to attract it, hire it and keep it. Everyone’s talking about talent because that’s what makes your company awesome. Having great people equals success. But in the middle of all that noise is the bridge that gaps finding the talent and keeping it: onboarding.
Currency, cash, dough, cheddar, moola. There are a lot of ways to say money. And the reason is obvious: Money matters! It drives markets, keeps business doors open when it's in abundance (and closed when it's not), and puts food on tables. HR knows as well as anyone how important money is. Being able to pay employees affects how well you hire, retain, and engage your people. Again: money matters!
But just how much does it matter? And what specifically, should an HR profes- sional know about money as they go about their work? Below are ten things we've learned about money that every HR professional should know.
Every day, HR leaders are breaking free from HR spreadsheets. Spreadsheets had placed so many limitations on HR leaders for so long, and they’re finally deciding enough is enough. It’s hard to focus on hiring, training and retaining great employees while trying to manage all those little things HR software could easily do for you.
Grab your slate chalkboard and jot this down: “The old performance management model is dead.” But of course you don’t own a slate chalkboard, because its time has come and gone. And just as it no longer makes sense to use an antiquated method to take notes...