The 2014 Deloitte Global Human Capital Trends research report found that the vast majority (78 percent) of business leaders rate retention as either urgent or important. This is likely due to the traditional and transactional “contract” between employees and employers; employees are expected to do their job, and they get compensated for it – no questions asked or else. We discussed a variety of topics, but the most insightful one was on change management. MORE

According to ManpowerGroup’s 10th annual Talent Shortage Survey , 43 percent of U.S. employers say talent shortages are having a negative impact on their ability to meet client needs. Higher compensation costs (32 percent). in February 2015 (and held steady through April 2015), it’s really only an incremental increase from where it stood in February 2014. Sustainable change also requires empowerment – no one person owns change, we all do,” Mark shared with us all. MORE

Psychic income, whether intrinsic or extrinsic in origin, should count as compensation, anyway, since it is part of the employee value proposition. Compensation Rewards & Recognition Best practices Change management HR communications HR management merit increase pay raise promotions talent management Promotions are a form of reward, even though they don’t always jingle like direct cash. MORE

Let’s take a look at three key technology systems that, when working in unison, can help you go from feeling like an office manager to finally feeling like the HR director. W-4 changes, pay raises, etc.) And for changes that will be standard going forward, such as a pay raise or new 401(k) deduction, there is no need to enter this again. Performance management software. Managers often don’t complete performance reviews on time, or at all. MORE

HR Insights Talent Management best place Best practices Change management Compensation HR management pay raise paycheck I was reading an article recently, it was one of those “ Best Places To Work” type of articles. Since I run a company, I’m always looking out for good ideas on how to take care of your employees without spending a dime. Unfortunately, “ Best Places” companies that make these lists usually don’t give you these type 0f ideas! MORE

“Talent management? Bersin, a highly respected consultant who is Principal and Founder of Bersin by Deloitte, Deloitte Consulting, offered his research and tips for succeeding with the new talent agenda. Bersin’s research shows the following top talent priorities: Top Global Talent Priorities. Talent Acquisition & Access. Talent & HR Analytics. Globalized HR & Talent Management. Fix Performance Management. MORE

Like the article I had read earlier in the Washington Post about Salesforce.com CEO Marc Benioff reviewing the pay of his entire workforce (all 16,000 employees) to make sure both males and females are compensated fairly based on the work they do and their performance. Admirable and exciting not only for how this may impact Salesforce.com’s overall employee and business performance, but also how it may help spur further change at other companies. MORE