Millenials are individuals who were typically born after 1980, which many people refer to as Generation Y. These people have now come of age and are entering the workforce, and there are a number of characteristics which make them distinct from previous generations. Another common interpretation is that millenials are the twenty-something. If you are an employer and you have millenials in your workforce, it is pertinent that you learn how to adapt to working with this group in a manner that will motivate them to perform at their absolute best.
It is no easy task to hire the right talent, as great workers are usually the exception while mediocre workers are the standard. Hiring bad employees can cost you tremendous sums of money and even ruin your company, while hiring top employees can boost your productivity, market share, and bottom line. The people you choose to work for you is one of the single most important decisions you will ever make as a business owner. Below are 7 tricks that will help you sift through the dirt to find the diamonds.
Employee evaluations are often unpopular with both employees and their employers, and there are a number of reasons for this. While these evaluations are considered a necessity because they can help to shape the development of your employees, they are only effective when the right strategies are considered. When evaluations are done correctly they will lead to greater effectiveness while being less tedious for those who administer them.
While the implementation of Human Resources can be major step for most small businesses, it can reap handsome rewards if done properly. HR performs a number of crucial functions, including the recruitment of new staff, helping business owners avoid legal problems, and enhancing employee retention. Whether you intend to develop an in-house HR department or outsource, below are some ways HR can make your organization a more productive one.
Many companies regularly conduct performance reviews of their employees. These meetings are designed to evaluate the performance of the worker, generally over the course of 6 to 12 months. While the goal of such reviews is to increase employee collaboration and performance, some have raised questions as to the effectiveness of this procedure. Many critics point out that performance reviews deal with things that have already occurred, sometimes weeks or months in the past, and they may not necessarily increase productivity. Below are some alternatives.
The first inclination among many employers who receive resumes from overqualified candidates is to discard them. However, this may be a big mistake. Research indicates that employees who are overqualified often perform at a higher level than most of their peers. In addition to superior performance, overqualified employees also display greater enthusiasm, excitement and energy. Still, many employers fear hiring overqualified candidates because of concerns they will ditch the job as soon as a better offer comes along. Below are some guidelines that can help you as an employer in recruiting these types of workers:
The Human Resources department serves an important role within companies, but for a long time, it has been seen primarily as a place for administrative tasks. There is an increasing demand for HR to engage and support the rest of the company to a greater degree, in a manner that allows them to connect to the workforce. Below are some tips which will allow the HR people win the HR race in 2016:
The Human Resources department can serve as an important agent of change, but this is only possible when they take responsibility for their mistakes and failures. Failure is something that few want to own up to, but it only becomes a problem when it isn’t used a catalyst for future improvement. Because HR is considered the front line when it comes to recruiting new personnel, the decisions they make can have serious long term consequences for the organization as a whole.
It is a simple fact that independent contractors and employees are different, and it is necessary for employers to be aware of the distinction, as it will assist them in determining who to hire and what taxes they must withhold, as well as any legal issues which may be associated with their employment.
Measuring the value of human resources can be a difficult task. Sales departments can rely on metrics such as conversions, advertising campaigns or product launches as a form of measurement. For human resources however, this can be tricky, as the assets are employees. While there is no question that employees provide a great deal of value to a business, this value can be difficult to measure.
Because we live in an age where data has become so important, the departments within companies are under increased pressure to correlate investment strategies with results that can be measured. Human resources is not an exception to this phenomenon. They must be able to provide data to their bosses which prove that the tactics and strategies employed by the department are effective. It is for this reason that HR software has become one of the most sought after tools by HR managers around the world. To understand the importance of these tools, you must first understand value, and how to measure it.