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Conference Board Announces CEOs Plan to Increase Wages by a Minimum of 3%

HR Digest

In an earnings call on Tuesday, UPS CFO Brian Newman reported that the company decreased compensation and benefits by $205 million in the second quarter by eliminating 2,500 managerial positions annually. At a Tuesday earnings call, Donald Bassell, CFO of ARKO, a convenience store operator, reported that personnel costs had increased 6.5%

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6 Factors That Can Impact Your Commercial Business

Strategy Driven

Technological Advancements The rising pace of technological developments offers both opportunities and obstacles for commercial businesses. Technology can revolutionize the way businesses operate, offering new tools for efficiency, communication, and data analysis. Equally important is training and development.

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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

reported that 63 percent of global workers would begin looking for a new job if they were not allowed to work remotely. Gartner’s HR trend of 2024 showcases HR technology as one of the top priorities for the next 12-24 months. It is up to the HR professionals to understand the pulse of the organization and give workers what they want.

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CMI Hong Kong: updates from the board

Chartered Management Institute

The session was entitled “Technology and Business Collaboration: Leadership and Management” and was moderated by Dr Alan Miller CMgr FCMI (former CMI Hong Kong Regional Board Member). Find more information about the event and survey results here. The meeting opened with a welcome message from Dr Ann Francke OBE, chief executive of CMI.

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The Cost of Low Performers

Sales Wolf Blog

Copyright 2007-2010 - Chris Young Twitter Updates follow me on Twitter « The Rainmaker Fab Five Blog Picks of the Week | Main | Possibility Maximizer: Fear.less » May 25, 2010 The Cost of Low Performers How much are your low performers costing you?  What are your lowest performers costing your bottom line?

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Four Best Practices for Managing a Remote Workforce

Strategy Driven

Take the time to set clear boundaries around business hours, attendance policies for team meetings, and technology requirements (like keeping video on for calls) and in the end, both the employee and the business will benefit. Get creative with the technology. Keep remote employees engaged.

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Playing the Long Game: The Employee Retention Process in HR

HR Digest

According to Gallup , replacing an employee can cost between one-half to two times their annual salary. Essentially, a 100-person organization with a $50,000 average salary could see replacement costs of over $660,000 to $2.6 There are many reasons why employers and their HR professionals should prioritize employee retention.

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