There’s an old joke about an executive who worries that training their employees will be a bad investment because they might leave, to which the sage CEO says, “What if we don’t train them and they stay?” Contrary to common fears, training employees doesn’t usher them...
Q: Our senior leadership team wants to focus on compensation this quarter. Currently, our raises and bonuses are tied to performance. Can you help me to understand the HR best practices for performance-based raises vs. market-based raises? A: It sounds like your...
Trying to figure out how to budget for employees’ business travel? This can be tough, particularly if employee travel is new for your organization or if you don’t know the going rates for food and accommodations. Conveniently, the General Services Administration (a...
Free use of a company car is one of the best perks an employee may be entitled to as part of a compensation package. But the benefit to the employee isn’t completely “free” under current tax law. Essentially, personal use of a company car is treated as a taxable...
Companies need fuel to move forward just as cars do. The fuel for companies is information. Decisions must be made based on what’s happening inside and outside the company. If information isn’t getting to where it needs to go, then those decisions cannot be made or...