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A recent article by CNBC highlighted a trend often seen in economies emerging from a recession. As the number of companies considering hiring begins to rise, individuals gain confidence in their marketability, and turnover increases. Although an improving economy is good for business, higher staff turnover increases recruitment costs. Moreover, [...]
A book by Marcus Buckingham and Curt Coffman entitled “First, Break All the Rules: What the World’s Greatest Managers Do Differently” has a new take on human resource management. The book presents the findings of a Gallup survey with over 80,000 managers of successful organizations. The conclusion is that successful [...]
Not every employee has leadership potential. Some individuals prefer to work alone, independently, and demonstrate incredible creativity doing so. However, many employees who possess a drive to lead are inadequately prepared for such a visible role. They often find themselves struggling with the responsibility and expectations that are suddenly part [...]
Hiring an employee constitutes a long-term commitment. It is understandable to hesitate when making a decision that, if not the right one, could prove extremely costly later. A recent survey by Careerbuilder estimated the cost of a bad hire at more than $50,000. However, the labor market is expected to [...]
A problem that may beset employers as hiring starts to increase is lost resources associated with staff turnover. According to the Bureau of Labor Statistics, job hopping is a trend. In January 2012, the average time in a job for a worker was just 4.6 years. For industries with a [...]
The Affordable Care Act (ACA) that changes current employer health care regulation was signed on March 23, 2010. However, the government has recently announced that companies that employ between 50 and 100 staff have until 2016 to comply with the ACA’s employer mandate. Many of these companies are weighing the [...]
The Affordable Care Act (ACA) is causing concern among small business owners and employees. Some businesses are considering increases in temporary staffing to avoid reaching the employer mandate threshold and others are confused as to what constitutes threshold levels. But the contingent workforce has been increasing since the start of [...]
The recent economic recession has caused a boom in the hiring of contingent workers and the transformation of temporary workers to full time employees. In an article by Forbes, a leading New York staffing firm claims that 70 percent of people in temporary positions are ultimately hired on a full-time [...]
The Patient Protection and Affordable Care Act (ACA) was signed into law on March 23, 2010. The Act ensures that all Americans are able to access health care and carries benefits for employers and employees. The Obama administration recently announced that companies employing between 50 and 100 staff have one more [...]
In terms of staffing and recruitment costs, thorough background checking is the most crucial due diligence that a company should commit to. However, the Society for Human Resource Management suggests that credit reports may be a less favored source of background checking data in 2014. Recruiters and employers are advised [...]