In this economy you and your employees are being asked to do more with less. Budgets have been slashed, headcounts reduced by 10%, 401(k) matches also reduced and bonuses cut or eliminated. Employees are also experiencing guilt, because they remain when colleagues have been let go, fear that additional cuts will be made and may feel growing resentment over the necessary cut-backs. Read more for recognition ideas
Archive for March, 2009
Employee Recognition When the Bonus Budget is Cut
Tuesday, March 31st, 2009
Investing Employee Compensation in Product Development
Monday, March 23rd, 2009Companies are looking for solutions to increase employee loyalty, eliminate layoffs and determine clever funding for product development in the absence of outside investment opportunities. When clients face these challenges, we often discuss ways to increase employee ownership in the business. Read more for innovative compensation ideas
Recruiting Through Social Networks
Thursday, March 12th, 2009Netpop, a Market Research firm, recently released a study indicating that social networking has increased 93% since 2006. Microsoft is piloting a new online recruitment campaign for the Entertainment and Devices Division that includes built-in connections to the top social networking sites such as Facebook, LinkedIn, and Twitter. Intel has taken it a step further by posting its Social Media Guidelines online and encouraging employees to get involved in social media activities on the company’s behalf. Read more about social network recruiting