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
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
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
All of us — individuals, teams, and organizations — have weaknesses. These are not skill gaps; those can be corrected with learning. Weaknesses are inherent deficiencies of talent or capability that do not change even after aggressive efforts to improve them. Pride and our ingrained work ethic may cause us to deny our weaknesses, but acceptance is the first step toward designing for strength.
[…] … [ Read more ]
Content: Quotation | Author: John K. Coyle | Source: strategy+business | Subjects: Career / Employment, Human Resources, Management, Organizational Behavior, Personal Development
Moral character is a broad dimension of personality that captures a person’s tendency to think, feel, and behave in ethical ways. It subsumes a number of more specific traits. For example, guilt proneness is an important moral character trait. People who have high levels of guilt proneness have a strong conscience — they feel guilty when they make mistakes or let others down. Moreover, they … [ Read more ]
Content: Quotation | Author: Taya Cohen | Source: strategy+business | Subjects: Human Resources, Leadership, Organizational Behavior
As a two-time founder and a seasoned engineering leader, Bethanye McKinney Blount has seen misunderstanding around comp rear its head time and time again. And in her experience, this hesitation to pull back the curtain on paychecks and think more deliberately about a compensation philosophy tends to cause problems down the line as startups scale. In this exclusive interview, Blount tackles the thorny questions startups … [ Read more ]
Content: Article | Author: Bethanye McKinney Blount | Source: First Round Review | Subjects: Compensation, Human Resources
The ACADEMIES framework is a useful tool for conceptualizing learning strategy.
Content: Article | Authors: Jacqueline Brassey, Lisa Christensen, Nick van Dam | Source: McKinsey Quarterly | Subjects: Human Resources, Training & Development
Research points to another important trait that can determine the success of a new hire.
Content: Article | Authors: Amir Goldberg, Dylan Walsh | Source: Stanford University | Subject: Human Resources
Measuring people-related processes is challenging. Namely, an HR software company, shares the top six metrics they’ve found to be most useful for organizations.
Content: Article | Source: re:Work | Subject: Human Resources
I’m a big believer in teaching leaders to fish. That’s why we’ve rolled out a weekly(ish) email for leaders … that summarizes all the things they need to be thinking about in terms of managing and messaging to their team. We break it down into a few sections: things to know, things to do, things to share. It sounds simple, but let’s be real, leaders … [ Read more ]
Content: Quotation | Author: Terra Carmichael | Source: First Round Review | Subjects: Communication, Human Resources, Leadership, Management
Ian MacRae and Adrian Furnham have identified six traits that are consistently linked to workplace success, which they have now combined into the High Potential Trait Inventory (HPTI).
Content: Article | Author: David Robson | Source: BBC | Subjects: Human Resources, Organizational Behavior
In today’s tight job market, employers must focus on how to attract and keep top talent. Giving away stacks of money may not always be the best incentive.
Content: Article | Authors: Ashley V. Whillans, Dina Gerdeman | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Compensation, Human Resources, Motivation
Chances are, your coworkers are better at rating some parts of your personality than you are.
Content: Article | Author: Adam Grant | Source: The Atlantic Monthly | Subjects: Human Resources, Organizational Behavior, Personal Development
To deliver the message that people will not be punished simply because a high-risk plan did not pan out, we suggest developing an “unbalanced scorecard” for incentive plans that has two distinct halves. On the left is a common set of rolling financials with a focus on two or three (such as growth and return on investment) that connect to the economic-profit goals of the … [ Read more ]
Content: Quotation | Authors: Chris Bradley, Martin Hirt, Sven Smit | Source: McKinsey Quarterly | Subjects: Human Resources, Management