This changes everything! Or does it? In the midst of the Coronavirus pandemic, with U.S. and global economies in free fall, businesses are asking, “What will this do to the employment market as we navigate through and beyond this crisis?” It’s a reasonable question. Unfortunately, it’s a rea...
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When employers need to maintain or add to their workforces, an age-old question emerges: Which is better -- recruiting or retaining workers? In other words, is it more cost-effective to keep your current talent pool versus accepting turnover as a fact of business and focusing more on attracting, hir...
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While employee compensation challenges seem to be ever-present, those challenges can become even more daunting in a tight labor market. And when unemployment is at historically low levels, employers feel pressure to keep employees satisfied with competitive base pay and attractive total rewards. Let...
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This article first appeared in Inside INdiana Business' "Perspectives" Benjamin Franklin once wrote that nothing is certain "except death and taxes." For modern-day corporate employers, however, compliance with the Fair Labor Standards Act's new overtime regulations is just as mandatory - and perha...
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If you think you understand the high cost of employee turnover, think again – a recent Forbes article claims the cost of replacing skilled and specialized employees can, in many case, be well above the employee's annual salary. Even the costs associated with replacing entry-level employees can cut...
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