Picture this: John, one of your most talented junior managers, has had a number of life changes recently, both happy and challenging. He’s gotten married, moved into a new condo, and has started caring for an aging relative. He’s got a lot on his plate, personally, professionally, and financially.
Designing pay plans that fit with your budget and are also robust enough to attract the right workforce to support your business strategy is a challenging balancing act. However, the right research and preparation will help ensure your compensation strategy is in step with your industry. Compensation data gleaned from participation in surveys is a proven way to make sure your strategy is competitive.
Hiring the right employees for your organization is critical and using behavioral-based interview questions can improve your interview process. It’s important to assess candidates for the job as well as for overall fit with your organization’s culture. But did you know that 46% of companies are not using organizational or functional competencies to assess candidates? (2016 Willis Towers Watson Global Talent Management & Rewards Study – U.S.) Talk about a missed opportunity!
More often than not, change initiatives fail. In fact, the brutal truth is that over 70% of change initiatives fail because they focus solely on rational aspects such as systems, processes and skills. Leaders often neglect to address the human elements that accompany major transitions, including the different emotional journeys people experience, multiple vested interests that are often present, and a whole diversity of perspectives on, and reactions to, any particular change.
More than ever before, companies are turning employee engagement pulse surveys for employee feedback and, empowered by new technology, they are soliciting it more often and on more topics than ever. No longer requiring support from specialists, they are keeping their costs low and their options open.
Read on for a few recent examples of how Willis Towers Watson Pulse Software is helping companies achieve their employee survey objectives.
Career advancement is important. Really important. In fact, both employees and companies rank career advancement opportunities among the top three drivers of attraction and retention (2016 Willis Towers Watson Global Workforce and Global Talent Management & Rewards Studies – U.S.).
Informal training, mentoring, technical training, skills, leadership development, modules, e-learning, burst sessions...INFORMATION OVERLOAD!
When you are reviewing your organization's training programs, your list can seem like a never ending road to nowhere. How do you set a clear path forward for building or improving your training program in your organization?
The leave landscape continues to shift for employers and employees alike. While the landmark 1993 Family and Medical Leave Act (FMLA) provided job security for up to 12 weeks for leave, it has always been unpaid. Recent trends, however, have seen many states upping the ante with paid leave arrangements supporting a broader range of need.