Three key pay and performance metrics can help define and influence an organization’s values.
Content: Article | Authors: Adam Bryant, David Reimer | Source: strategy+business | Subjects: Compensation, Human Resources
Algorithms have taken a lot of heat recently for producing biased decisions. Should we be outraged by bias reflected in algorithmic output? Yes. But the way organizations respond to their algorithms determines whether they make strides in debiasing their decisions or further perpetuate their biased decision making.
Content: Article | Author: Jennifer M. Logg | Source: Harvard Business Review | Subjects: Human Resources, IT / Technology / E-Business
Onboarding is so much more than the standard-issue IT set-up and friendly pointers for working the coffee machine. To help break down the essential ingredients of an excellent onboarding process, we gathered perspectives on onboarding from the Review’s most seasoned operators to help you maximize the impact of those decisive first interactions.
Their tactical advice spans a template for the ideal Day One timeline, to how … [ Read more ]
Content: Article | Source: First Round Review | Subject: Human Resources
Bringing advanced computing power and analytics capabilities to bear on people decisions in an organization is crucial to driving lasting and effective change.
Content: Multimedia Content | Authors: Bill Schaninger, Bryan Hancock, Simon London | Source: McKinsey Quarterly | Subject: Human Resources
Peter Cappelli, professor at the University of Pennsylvania’s Wharton School of Business and director of its Center for Human Resources, says managers at companies large and small are doing hiring all wrong. A confluence of changes, from the onslaught of online tools to a rise in recruitment outsourcing, have promised more efficiency but actually made us less effective at finding the best candidates. Cappelli says … [ Read more ]
Content: Thought Leader | Author: Peter Cappelli | Source: Harvard Business Review | Subject: Human Resources
Given the high-stakes nature of every hire, interviewing chops are always in need of sharpening. And that means our hunt for a crazy-good interview question is never over. We’re endlessly fascinated by the go-to inquiry in everyone’s back pocket, the kind that makes you want to steal it for your own hiring toolkit. To that end, we’ve spent the past few months reaching out to … [ Read more ]
Content: Article | Source: First Round Review | Subject: Human Resources
Professor Jochen Menges on the ways companies can develop well-being initiatives that genuinely make people feel better.
Content: Thought Leader | Authors: Jochen Menges, Laura W. Geller | Source: strategy+business | Subjects: Human Resources, Organizational Behavior
Your employees come first. And if you treat your employees right, guess what? Your customers come back, and that makes your shareholders happy. Start with employees and the rest follows from that.
Content: Quotation | Author: Herb Kelleher | Source: Chief Executive | Subjects: Human Resources, Management
One piece of feedback that the executives I coach receive over and over again from their direct reports is: “She doesn’t give enough helpful feedback.”
When I ask these direct reports about the impact this has on them, I find that, in the absence of understanding why they’re getting so little feedback, they often make up their own explanations.
Here are three of the most common stories … [ Read more ]
Content: Article | Author: Deborah Grayson Riegel | Source: Harvard Business Review | Subjects: Communication, Human Resources, Management, Organizational Behavior
Employee recognition is the timely informal or formal acknowledgement of a person’s or team’s behavior, effort or business result that supports the organization’s goals and values. It is a known fact that appreciation is one of the top motivators for employees to work harder and to be more committed to their companies. Even cost-efficient forms of appreciation show employees that they are valued. Therefore, here … [ Read more ]
Content: Article | Author: Martin Luenendonk | Source: Cleverism | Subjects: Human Resources, Management, Organizational Behavior
Many companies support resource groups that bring people together, but stop short of assessing their value.
Content: Article | Author: Maya Townsend | Source: strategy+business | Subjects: Diversity, Human Resources, Organizational Behavior
Compensation is culture, period. It’s how you pay your people and it’s where the rubber hits the road. It’s the metric you can’t cheat. It’s naive to think that you’re just going to give people money and they’re not going to feel everything that’s attached to it. Pay is incredibly personal and emotionally charged. It directly affects how we live our lives and how we … [ Read more ]
Content: Quotation | Author: Bethanye McKinney Blount | Source: First Round Review | Subjects: Compensation, Culture, Human Resources, Organizational Behavior
When you start talking about pay transparency, the first thing everyone thinks is “I’m going to know how much everybody makes.” I think a better way to frame it is “I’m going to understand why I’m paid what I’m paid and how I can increase my comp.” It’s about making sure employees understand their current reality and see a career development path in front of … [ Read more ]
Content: Quotation | Author: Bethanye McKinney Blount | Source: First Round Review | Subjects: Compensation, Human Resources
We found through our research […] what drives perceived fairness in the performance-management process. One of the drivers of fairness is that you understand how what you’re working on fits in the bigger picture. […] The second driver of fairness is that there’s an ongoing component. “My manager has an ongoing conversation with me about how I’m doing, so I’m not surprised. I know what … [ Read more ]
Content: Quotation | Authors: Bill Schaninger, Bryan Hancock | Source: McKinsey Quarterly | Subjects: Human Resources, Organizational Behavior
There are strong arguments that diversity promotes effectiveness. But I think that has implications that people haven’t really thought through. What about situations where some people believe diversity produces ineffectiveness? That’s not a hypothetical — this has long been the argument against diversity in the military. But there’s a counter-argument rooted in social justice. Do I want to live in a world where people’s outcomes … [ Read more ]
Content: Quotation | Author: Ken Shotts | Source: Stanford University | Subjects: Entrepreneurship, Human Resources, Organizational Behavior
Four steps to build a culture that attracts the best of the best.
Content: Article | Author: Jeff Hyman | Source: Kellogg Insight | Subject: Human Resources
Finding great new workers is hard. A little bit of empiricism can help.
Content: Article | Author: Derek Thompson | Source: The Atlantic Monthly | Subject: Human Resources
Our work with succession candidates indicates that a track record of grooming multiple effective leaders is an oft-overlooked measure of authentic leadership capability, yet a reliable predictor of C-suite performance. It is also a measure of self-awareness; people who rise quickly in an organization usually have bosses who are looking out for their best interests.
A leader who develops leaders is also more likely to … [ Read more ]
Content: Quotation | Authors: Adam Bryant, David Reimer, Harry Feuerstein | Source: strategy+business | Subjects: Human Resources, Leadership
In the venture capital industry, we talk a lot about the importance of the founding team. But we might underestimate, especially in the early stages, something that might be as important as their drive, soft skills and strategic sophistication: their ability to recruit an A-class team. So I wondered, what are the best practices out there? I knew that I couldn’t find the golden formula, … [ Read more ]
Content: Article | Author: Willy Braun | Source: Medium | Subjects: Entrepreneurship, Human Resources
While the hiring process can be lengthy and effort-intensive, the preparation for a new hire’s arrival can sometimes be surprisingly rushed and half-baked. Even if HR takes care of general onboarding, there are still plenty of to-dos that team leads need to cover to make their new teammate feel welcome and prepared.
Content: Article | Author: Nikki Henderson | Subject: Human Resources