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Posted on September 12, 2001July 10, 2018

Positively Managing Crisis Situations

It is said that in life the only things sure are death and taxes. In HR, perhaps the only thing sure is some sort of business crisis which HR must take a decisive role in correcting. Whether it’s a time-consuming irritation or full-blown catastrophe, how we handle ourselves and relate to others is crucial to solving the problem.


Here are some hints to help you tackle a crisis:


  • Approach crises as a team. Allow everyone to “own a piece” of the problem. Don’t be an overprotective parent by trying to shield them. Capitalize on individual strengths and give everyone the opportunity to contribute to the solution.
  • Critically assess your behavior and request feedback from others on how you handle crisis situations. Take responsibility for setting the example. Realize that others will assume it’s OK to respond to a crisis the same way you do.
  • Overcommunicate to keep others informed and grind down the rumor mill. Consider implementing 5/3 Status Briefings–five minute updates at the beginning, middle and end of each day.
  • Conclude each crisis with a Post-Mortem Celebration. Review what happened, identify key learning that can be applied in the future, and celebrate the accomplishment of getting through it together.

SOURCE: Reprinted with permission: 144 Ways to Walk the Talk. Copyright Performance Systems Corp., Dallas, TX.

Posted on September 12, 2001July 10, 2018

Dear Workforce How Do I Justify Recruiting For A Position

Q

Dear Workforce:


How do I determine if a position is justified for recruitment? Is there achecklist of factors to consider?


— In need of guidance, HR, manufacturing, Texas.


A Dear In-Need:


Most companies use a requisition system that ties recruiting efforts to thecompany’s financial budget. A recruiter is required to have the OK from thefinance department before expending the effort to recruit for a particularposition.


The requisition serves to approve not only the position, as far as additionalhead count, but also to give a salary range to make sure that the hiring managerdoes not over spend versus the budget. Hiring managers generally need thefinancial oversight to make sure they don’t over-hire or over-spend, which wouldcut into the company’s profitability.


The requisitions are approved either at the beginning of the year during theannual budget process or during the year, as additional headcount or replacementheadcount is approved.


SOURCE: Mike Sweeny, T. Williams ConsultingInc., Collegeville, Pa., April26, 2001.


LEARN MORE: See “Hiring an Employee: How Much DoesIt Cost?“


The information contained in this article is intended to provide usefulinformation on the topic covered, but should not be construed as legal advice ora legal opinion. Also remember that state laws may differ from the federal law.

Aska Question

DearWorkforce Newsletter

Posted on September 12, 2001July 10, 2018

Injured Employees A Supervisor’s Checklist

Here is a checklist of steps to take in the event of a workplace injury. Remember that every state has different compliance procedures.


  1. Know the names and phone numbers of Department Contacts for questions related to employee safety and workers’ compensation.

  2. Have a comprehensive Injury and Illness Prevention Plan that relates to the types of injuries and illnesses most common in your area/type of work. Contact OSHA for more information about this.

  3. Have an Emergency Treatment Plan to ensure that any employee who is injured or becomes ill receives prompt and proper medical care at, or near, the worksite. Your insurance carrier can assist you.

  4. Accompany the injured employee to the doctor, if medical treatment is needed. Ask the doctor about the employee’s ability to return to work.

  5. Provide the injured employee with available information on employee claim forms for workers compensation benefits within 24 hours of knowledge of the injury or illness. Your insurance carrier can assist you.

  6. Submit a completed Employer’s Report of Occupational Injury or Illness to your claims management coordinator or insurance claims representative.

  7. Maintain regular contact with your employee during his/her period of recovery. Encourage co-workers to do likewise.

  8. Minimize the employee’s time off work by creating transitional limited or modified duty assignments to facilitate return to work as soon as it is medically feasible.

The information and forms contained in this feature are intended to provide useful information on the topic covered, but should not be construed as legal advice or a legal opinion.


Posted on September 9, 2001July 10, 2018

Tough to Cut the Beloved 401(k)

T hey say that Social Security is the “third-rail” of American politics. Any politician who tries to touch it does so at his or her peril. Retirement plans are, in many ways, the third-rail of HR benefits. A 401(k) used to be a nice thing, but now many employees consider it an entitlement, and messing with the formula doesn’t sit well with the workforce.

Nothing going on in the economy suggests that the trend away from defined-benefit (traditional pension plans) to defined-contribution plans such as 401(k)s will slow. After all, the circumstances that led to the movement in first place — regulatory costs of defined-benefit plans, a more mobile workforce, and more employee decision-making autonomy — haven’t changed.


The economic uncertainty is likely to accelerate this trend, if anything. Since defined-benefit plans require that a certain benefit be paid in the future, it can be a bigger risk for the employer. A bad economy is not a good environment for taking risks, thus creating an incentive for a company to move to defined-contribution.


It’s rare for employers with defined-contribution plans — 401(k), 457, or 403(b) — to make changes to a plan during tough times. Employer matches, waiting periods (before new employees can join the plan), and vesting periods aren’t prime areas for cuts.


“Overall, employers are staying the course,” says David L. Wray, president of the Profit Sharing/ 401(k) Council of America. “And they have through previous slowdowns. The fixed matches are serious company expenses, but companies haven’t changed the plans. They’d lay people off first.”


“It’s a very powerful benefit for us,” says Connie Russell, Sun Microsystems’ director of total pay and rewards. “We’d rather not touch that.” Sun matches 100 percent of the first 3 percent of an employee’s contribution, and 50 percent on the next 2 percent.


Despite the risks, there still are some ways to trim 401(k) costs:


The variable match: One cost-cutting option is to move from a fixed match, like 50 cents on the dollar, to a variable match, based on company profits. Lucent Technologies had a match of 66 2/3 cents on the dollar, and three years ago moved to a 50-cent match. At the same time, the company added a variable component, so employees shared more in company profits. During the first year, the variable match was more than $1. The second year, it was about 84 cents. Last year, it was zero.


For those plans with fixed matches, the most common match is 50 cents for each employee’s dollar. In 1999, 49 percent of employers matched 50 cents, according to the Profit Sharing/401(k) Council of America. Another 21 percent of employers matched a full dollar, and 18 percent matched 25 cents.


Look behind the numbers: When comparing your 401(k) plan to your competitors’, look behind the numbers. When your competitors say they match 75 cents of an employee’s compensation, what do they define as compensation?


Many employers — about 79 percent of those with 50 to 199 employees — include overtime in the definition of compensation for the purposes of calculating their match. Another 40 percent include bonus payments, and 39 percent include commissions. The end result: Depending on how you define compensation, you could be matching a much smaller amount than your competitors, or a much larger amount.


A final warning: Wray, of the 401(k) council, notes that it’s still a tight labor market for quality workers in most cities, and it’s no time to cut down on a popular recruitment/retention benefit. “You don’t have that kind of flexibility. Anything under 5 percent unemployment means as an HR person you have to scrape to get new people.”


Average 401(k) Employer Matches


IndustryMatches
Per $1
Max %
Matched
Durable Goods.545.7%
Non-Durable Goods.535.8%
Wholesale/Retail.515.5%
Financial/Insurance Real Estate.615.4%
Services.555.0%
All Plans.565.5%


Salary & Benefits Studies:


Deloitte & Touche
2000 Annual 401(k) Benchmarking Survey
Profit Sharing/401(k) Council of America
Annual Survey of Profit Sharing and 401(k) Plans
Employee Benefits Research Institute
Several Reports on retirement and other benefits

 


Workforce, September 2001, pp. 42-44 — Subscribe Now!

Posted on September 7, 2001July 10, 2018

Base Salaries and Bonuses of IT Employees

What’s the average base salary paid for a Webmaster? A database administrator?


Here are the most results of a recent survey by people³, a Gartner company. The numbers are in thousands of dollars. Note that when a candidate goes through a recruiting agency, they sometimes secure a bigger salary, as there is more back-and-forth in the process.

Title

Base Salary¹

Recruitment Firm Corporate
Low High Low High
Basis/ALE Technical Consultant 64 99 68 87
Client Technologies Analyst 60 80 50 72
Database Administrator 75 116 62 86
Decision Support Specialist 61 77 57 78
Electronic Commerce Analyst 70 93 58 81
Internet/Web Architect 89 120 67 92
Internet/Web Systems Administrator 79 99 54 76
Knowledge Engineer 90 120 64 87
Manager, Client Technologies 79 111 74 100
Manager, Electronic Commerce 89 123 82 107
Manager, IT Business Planning 93 136 78 104
Network Architect 89 122 69 92
Network Engineer 67 91 57 80
Project Manager 77 112 68 93
Web Applications Programmer 69 93 53 76
Webmaster 60 74 58 78
¹ In thousands

Title

Total Cash Compensation¹

Recruitment Firm Corporate
Low High Low High
Basis/ALE Technical Consultant 78 117 70 95
Client Technologies Analyst * * 56 79
Database Administrator 94 139 68 94
Decision Support Specialist * * 63 83
Electronic Commerce Analyst 75 109 64 90
Internet/Web Architect 90 133 74 104
Internet/Web Systems Administrator * * 58 82
Knowledge Engineer 107 150 66 90
Manager, Client Technologies 88 127 82 111
Manager, Electronic Commerce 105 153 91 121
Manager, IT Business Planning 116 174 89 119
Network Architect 109 181 77 101
Network Engineer 73 122 63 87
Project Manager 84 126 77 106
Web Applications Programmer 77 108 60 87
Webmaster * * 63 84
* Insufficient data to report
¹ In thousands

Title

Sign-On Bonus¹

Recruitment Firm Corporate
Low High Low High
Basis/ALE Technical Consultant 2 9 2 8
Client Technologies Analyst 2 5 1 6
Database Administrator 4 12 2 7
Decision Support Specialist 3 6 1 5
Electronic Commerce Analyst 1 4 2 8
Internet/Web Architect 3 10 3 9
Internet/Web Systems Administrator 2 8 2 5
Knowledge Engineer 4 12 2 8
Manager, Client Technologies 2 4 3 9
Manager, Electronic Commerce 2 13 3 11
Manager, IT Business Planning 2 17 4 10
Network Architect 1 15 3 8
Network Engineer 2 8 2 6
Project Manager 4 13 2 8
Web Applications Programmer 2 5 2 6
Webmaster * * 2 5
* Insufficient data to report
¹ In thousands

SOURCE: 2001 IT Market Compensation Study of 198 organizations (approximately 35,000 employees), Copyright 2001,people³, Inc.

Posted on September 6, 2001June 29, 2023

Keep Em Happy

TMP Worldwide, parent company of Monster.com,works to retain employees and avoid unrest by keeping benefits veryforward-thinking, says Margaretta Cullen, senior vice president of global humanresources. The company is beginning domestic partner benefits this year and hasa broad-based stock option plan for everyone, from upper management to thetelemarketing staff.


“Our culture is definitely one ofempowerment and risk-taking. We’ve grown a lot by acquisition, and we tellthose running the local offices that they are responsible for employee happinessand maintaining budgets. It’s like running their own businesses without thecorporate worries,” says Cullen.


The 500 telemarketers and technical people atMonster.com in Massachusetts work in a building that has won design awards andhas an on-site gym, concierge dry-cleaning service, free breakfast, snacks, anda recreation area.


This is just some of what it takes to keepdiscontent at bay. Research by Unifi Network, a division of PricewaterhouseCoopers, identifies six things employees consider necessary for them to becontent at work:

  1. Learning opportunities:Companies should explain how they are going to help their employees develop –and then follow through. Training should never be offered as an afterthought.

  2. Compensation:It has to be competitive, but employees also want to understand how it works.For instance, if a sales program has certain incentives, they want to be ableto understand the formulas inherent in the awards. If it’s a promotion they’reafter, what do they have to do to get it?

  3. Understanding career potential: Bestraight with employees from the get-go. Not everyone can be the CEO, sotell employees, “We’re going to do our best to create leadership andsupervisory positions, but while we’re establishing these, we’re goingto invest in you and pay you competitively.”

  4. Mentors:The management model is changing in the 21st century. Nearly 60 percent ofthose surveyed by Unifi say they would be willing to leave their jobs tofollow their mentors.

  5. Reputation:It’s important to your employees that the company have a strong brand orsolid reputation.

  6. Benefit mix:A company should offer more than just traditional health and welfare benefits.Nap rooms and upscale cafeterias are not just for the dot-coms.

Workforce,November 2000, Vol. 79, No. 11, p. 40 — Subscribenow!


Posted on September 6, 2001June 29, 2023

Quick Retention Tips for a Teetering Company

There’s more to a satisfied employee than high pay and flashy perks.

  • Before plotting a retention strategy, a company’s leaders need todevelop a plan for turning the company around, and decide whether they’rewilling to stay and do what it takes to achieve it.
  • Instead of first looking to make cutbacks, identify the employee”talent” essential to making the turnaround plan work.
  • Aggressively “re-recruit” essential talent. Explain their rolein the comeback plan and how they specifically stand to benefit, bothfinancially and in their careers, from the company’s survival.
  • Negotiate individually tailored incentives for employees who stay.
  • Don’t try to buy retention success. Offer a combination of cash andstock compensation, career opportunities, and flexible working arrangements.
  • Try “purchasing agent-style” compensation, in which employeesare rewarded for achieving specific goals crucial to the company’ssuccess.
  • Set up an effective internal communication program to make sure thatemployees get reliable, up-to-date news from executives about the company’sturnaround progress. Take advantage of teleconferencing, intranet Webcasts,and other communications technology.

Workforce, November2000, Vol. 79, No. 11, p. 60 — Subscribenow!


Posted on September 6, 2001June 29, 2023

Assess Your Company for Noble Cause

The statements below are designed as an initial assessment of how your organization,division, and/or department is doing at responding to the employee search forwork as a “noble cause.” The assessment is meant to guide your thinking,not to provide a definative quantitative appraisal of your progress. For eachquestion below, use the scale provided to answer how true the statement is ofyour work environment: 1 = not true, 2 = somewhat true, 3 = true

__ Ourcompany has a statement that describes the deeper meaning of our productor service — for instance, making people happy, making people feelat home, preserving and improving human life.
__ Employeesare involved in community service or volunteerism on behalf of thecompany.
__ Ourcompany has a set of values that are meant to inspire people to higherethics and to do the right thing.
__ Ourcompany has a reputation in the community for its commitment to thelarger community.
__ Atlarge company meetings, results are often presented in terms of howour services have made an impact on people, not just profits.
__ TOTAL

Score:

< 7
Take a full week’s management retreat for brainstorming policiesthat address these concerns.
7-10
You’re beginning to look responsive.
11-13
You are above average in meeting today’s workers’ needs, butthere is still room for improvement.
14-15
You are an inspiring example, and probably have the best workersand a strong bottom line to show for it.

Posted on September 6, 2001June 29, 2023

The Myth of Job Happiness

Let’s take all the corporate workersfrom coast to coast, blend them together, and create the so-called averageAmerican employee. An employee whose name is, say, Bob.


    Bob has brown hair,wears khaki pants that are a little too tight, and uses gold wire-rim glassesfor reading. He spends too much money on coffee and routinely uses office e-mailfor personal reasons.


    In the last fiveyears, Bob has received two promotions with hefty pay raises. He has companystock options, takes his daughter to the on-site day care, and telecommutes fromhome at least once a week. Bob’s company has struggled so much to keep talentedemployees like him around that managers recently told him he could bring his dogto work. Bob declined. The creature, apparently, isn’t well behaved.


Although the actual numberof workers who’ve pocketed the big bucks is extremely low, widespread pressattention about those who have has raised everyone’s expectations.


    Given what you knowabout Bob, you’d think that he’d be a happy camper. His company wants hisservices, rewards him well, and offers extra incentives to make his family lifeeasier to manage. Bob should be more satisfied than ever, right?


    Well, no.


    Despite ongoing wagegrowth, record employment, and – at least until very recently – the longesteconomic expansion in history, and the fact that HR professionals are lyingawake nights dreaming of ways to keep the Bobs of the world happy, American jobsatisfaction levels are lower now than they were five years ago.


    A survey conductedby The Conference Board, which polled 5,000 U.S. households and was released inOctober 2000, reveals that less than half of all workers, including those indifferent age groups and income levels, are satisfied with their work. Whilethey feel slightly better about job security (50.2 percent now versus 48.6percent in 1995), they gave dismal ratings to promotional policies, bonuses, andeducation and training. Even relationships with coworkers, typically ranked asthe most enjoyable part of a person’s job, slipped in satisfaction from 64 to 59percent in just five years.


    No one has to tellHR professionals about the problems caused by unhappy workers like Bob. The longlist includes increased job-hopping, higher use of employee-assistance services,declining productivity, energy-sapping morale problems, and a greaterwillingness to file discrimination complaints. If job satisfaction is a downhillsled in good times, what can we expect now that the economy is starting to slow?


    To understand whyjob satisfaction has declined, you must first understand that expectation is theengine that drives satisfaction. “All satisfaction or dissatisfaction isthe result of a gap between expectations and reality,” says NicholasDiMarco, professor of HR management at Webster University in St. Louis. “Ifjob satisfaction is low, expectations could be relatively high.” Andindeed, high or at least misplaced expectations do seem to be at the heart ofthe current job-satisfaction crisis.


    Why do so manyemployees have such lofty expectations of their jobs? And why now, when thelabor market has shifted the balance of power in their favor?


    There are severalreasons. One of the biggest may, ironically, be the fact that things have beenso good for so long. Workers have been reading for years about such things aslucrative signing bonuses, companies willing to pay top dollar for talentedemployees, and until recently, the dot-com millionaire phenomenon.


    Although the actualnumber of workers who’ve pocketed the big bucks is extremely low, widespreadpress attention about those who have has raised everyone’s expectations. This,in turn, has created a psychological climate in which those who haven’t scoredfinancial windfalls are seized with envy and start subscribing tograss-is-greener thinking.


    “When theeconomy is good and people start thinking they can do better at other companies,their job dissatisfaction rises,” says David Dell, research director ofcapabilities management at The Conference Board. “They tend to think,’Other people have fistfuls of lottery tickets and are instant millionaires. Whyaren’t I?’ ” In fact, much of the corporate job-hopping of the last fewyears can be attributed to the belief that things are better elsewhere.


Employees have so many oftheir basic needs being taken care of that they now have the time to search formore meaning in their lives.


    At the other end ofthe spectrum are employees who do stay put at their companies and work harderthan ever, hoping to share the riches they’ve helped to generate. Thisstrike-while-the-iron-is-hot mentality has caused far too many workers toforfeit personal relationships, community involvement, and workouts at the gym.Instead, they are putting in long hours at the office in an effort to make theirmark and build their bonus packages.


    Granted, far toomany companies still require overtime from employees. It’s also true that manyemployees willingly clock in for extended periods on the basis of nothing morethan the expectation that they will be rewarded. If they are not ultimatelyrewarded as they expected to be, they feel taken advantage of. Job satisfactionplummets.


    Okay, let’s assumefor a moment that all those employees who’ve been working hard for theircompanies do get their piece of the economic pie. Does their job-satisfactionlevel rise at the point of payout? Are the riches they’ve strived for worth theeffort? Sadly, no. Bigger paychecks rarely equate with higher job satisfaction.


    “Once peoplerise above the poverty level, there is absolutely no correlation between moneyand happiness,” says Robert Lane, author of TheLoss of Happiness in Market Democracies (Yale University Press,2000). “In prosperous countries like the United States, studies haveroutinely shown that the things that make people happy are family satisfaction,friendships and relationships with other people, but not money.”


    Although the boomingeconomy has given most employees enough wealth to stop worrying about basicneeds such as food and clothing, the economy has also seduced them withever-higher materialistic goals, such as making more money and buying biggercars. In fact, Lane says, the drive for money actually has the opposite effect.It causes workers to give up the things that actually do create happiness.Instead of blaming misplaced values for their despair, they blame their jobs.


    But today’semployees aren’t looking solely for huge financial windfalls from their jobs.They are also looking for their jobs to provide the friendships, family support,community, and sense of identity that many have given up outside work.


    “Jobsatisfaction has been declining for years because employees are expecting thewrong things from the workplace,” says Dave Arnott, author of CorporateCults: The Insidious Lure of the All-Consuming Organization (AMACOMBooks, 2000). “They are expecting emotional satisfaction from work, notjust financial satisfaction.”


    Benjamin Hunnicutt,a historian and professor of leisure studies at the University of Iowa in IowaCity, agrees with Arnott. “It’s a myth that we can find identity, meaning,and community at work,” he says. “I call it the Mary Tyler Moore myth.Everyone thinks they will go to work and find a wonderful group of people toserve as family and friends, like Mary Tyler Moore did in the 1970s sitcom. Inreality, employees find dullards and irrational bosses.” The idea thatemployees can find community and people to love in a highly politicalenvironment like the workplace is flawed, Hunnicutt adds, “because work isabout control.”


    Ironically, HRdirectors as far back as the 1940s were the first ones to tell employees thatwork could and should be more than a place to earn a paycheck. “The oldform of business management was to provide external motivation – e.g., wages forhours – to employees in an effort to boost productivity,” Hunnicutt says.


    But with the dawn ofthe human-relations movement in the 1940s, companies began to focus on intrinsicmotivation in the belief that a fulfilled worker – not just a well-paid one – ismost productive. It was at that point that employers started to focus on workingconditions, workplace relationships, and the value of a person’s work as a wayof boosting job satisfaction and thus, productivity. “In short, companiesbegan to propagandize work,” Hunnicutt says. Then, as more employees boughtinto the notion that work can be meaningful, they began, naturally, to searchfor more and more meaning from their jobs.


A few employees are even living the Mary Tyler Moore myth of community and belonging.

    Today’s HR managershave certainly done their part to elevate the notion that work can form thecenter of a person’s universe. They offer company softball leagues, employeebirthday parties, on-site day care, meditation rooms, dry cleaning services,wellness centers, travel clubs. “What this does,” Arnott says,”is encult people in the workplace.” By giving up relationships andactivities outside work, it becomes increasingly difficult for employees tounderstand that who they are is separate from what they do.


    “In theirdefense, HR directors didn’t have the intention to encult people,” Arnottadds. “Employees and unions were the ones asking for such things.”Regardless of who is responsible, the fact remains that employees areincreasingly relying on their jobs for a helluva lot more than a weeklypaycheck. With so much riding on jobs, it’s no wonder that satisfaction hasplummeted.


    Another way oflooking at the job-satisfaction quandary is to take your old psychology textbookoff the shelf and reacquaint yourself with Abraham Maslow’s hierarchy-of-needstheory. Maslow argued that all people have four basic needs that must be metbefore a higher-order need can be pursued.


    At the bottom of theneeds pyramid are physiological needs such as hunger and thirst. Once thoseneeds have been met, people pay attention to safety needs, such as avoidance ofpain and anxiety. When a person feels safe, he or she can begin to seek a senseof belonging and love. Next comes the need for self-respect and mastery of atalent.


    And finally, peoplecan begin to search for the pinnacle of human existence – a state that Maslowcalled “self-actualization.” It is at this point that people have thetime to seek truth, beauty, and the complete realization of who they are asindividuals. None of the needs in the hierarchy are fulfilled automatically,Maslow stressed. People must work to acquire them.


    In this time ofgreat economic prosperity and job opportunity, it could be that employees haveso many of their basic needs being taken care of that they now have the time tosearch for more meaning in their lives. Employees are not going hungry. Theydon’t have to search for work. Many of them are being challenged. And a few areeven living the Mary Tyler Moore myth of community and belonging. Becausetoday’s employees aren’t struggling, they have the opportunity to focus onwhatever higher-order needs they don’t already possess.


    In a time of greatprosperity, it isn’t surprising that the average employee – an employee like Bob- would expect more of his job. And it just may be those heightened expectationsthat are causing the decline in job satisfaction.



Posted on September 6, 2001June 29, 2023

Managers Matter Most

A recent American Management Association survey of its members found thatfour out of five see retention as a serious issue for their companies. HRexperts such as San Francisco State University’s John Sullivan, say those samemanagers are probably to blame for their own worries. Forget money and stockoptions, or the lavish perks that so much of corporate America has enjoyed inrecent years. Sullivan says the best way to retain prized employees at a time ofskilled labor shortages is to get managers to take responsibility for retainingtheir best people.


    In his work as head of SFSU’s department of human resources management, andas adviser to corporate giants such as Microsoft, Nike, and Schwab, Sullivansuggests HR take an active role in facilitating the following solutions:

  • Set aside time on a regular basis for managers to meet with their employeesto discuss workplace concerns and possible solutions. Discover and define theproblem before it’s too late.

  • Ask managers to regularly review workers’ expectations and their goals forcareer development. Work with them in creating long-term plans for growth thatbenefits the company and the employee.

  • Regularly measure employees’ feelings about their manager by conductinginterviews. When legitimate and pressing problems arise, inform managers, andoffer to train them to address the concern. For example, if workers complainthat a manager is disorganized, give her the opportunity to take atime-management course.

  • When turnover rates are rampant, hold managers accountable by tying theircompensation to retention. If the attrition declines, not only is it a sign ofimproved employee satisfaction, managers enjoy a more productive workforce andfinancial rewards.

Workforce, April 2001, p. 58SubscribeNow!


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