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PROVEN BUSINESS RESULTS THRU HR
COMPANIES WITH EFFECTIVE HR PROGRAM INTEGRATION, HAVE PRODUCED GREATER EMPLOYEE PRODUCTIVITY, SALES REVENUE AND COMPANY MARKET VALUE THAN COMPANIES THAT DO NOT EFFECTIVELY INTEGRATE HR PROGRAMS
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WHAT’S HOT IN HR
ARE YOU READY FOR MINIMUM WAGE CHANGES?
By the Workforce Consultants Team
California Companies need to be prepared. Minimum wage increase will occur in two phases. On July 1, 2014, the state minimum wage will increase from $8 to $9 per hour.
Later, on January 1, 2016, the Golden State’s minimum wage will increase to $10 per hour. California’s minimum wage increases will have a significant impact on California employers and businesses operating, or with employees, in the Golden State. Not only will the increases impact non-exempt hourly employees, they will also affect how exempt employees must be paid. Employers need to strategically consider this issue. A one dollar increase is significant. The Payroll Budget issues need to be reviewed. A major issue that could be overlooked might be how this major jump in pay will compress other employees that are making slightly over $9 per hour with greater experience, value and seniority. If the employers do not consider this issue soon your employees will let you know. This is a good time for California Companies that employ hourly employees to review their entire compensation program.
PERFORMANCE MANAGEMENT --- GOODorBAD?
By Greg Wilson, President of Workforce Consultants
A successful Performance Management Program goes well beyond the simple Annual Performance Review. We frequently hear from employees that have been surprised by a poor rating. Employees have complained that all previous feedback has been positive and to receive a negative and formal performance review is an outrage. Another scenario that we hear about from employees that have received an excellent performance review, say three months ago and suddenly his/her supervisor wants to fire them. These are two of many examples that give the importance of performance management, such a bad name. We all know that a formal performance review process is time consuming, so when you add improper usage it easy to see why so many companies have abandoned the process altogether or have poorly managed the process. Whether a company prefers to implement and manage a formal performance management program is secondary to consistent regular, open and honest feedback occur in the workplace….every workplace.
At Workforce Consultants, we believe that formalizing the Performance Management is one of the essential components for creating a powerful HR strategy leading to a powerful overall company.
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