The Human Resources Roundup
Stay up-to-date on human resources news and legal updates, plus gain valuable tools and insights to develop your business by growing your people.
Popular Management Posts
Lower Pay Raises Incoming for 2025
Employers in the U.S. are planning lower pay raises for 2025 due to cooling inflation and job markets, according to new reports. In 2024, roughly 47% of organizations reduced salary budgets compared to 2023, with the overall median pay raise dropping to 4.1%. For 2025, projections show a further dip to 3.9-4% in salary increase budgets.
Bye bye noncompete clauses
The U.S. Federal Trade Commission (FTC) has approved a proposed final rule banning most new noncompete clauses in employment contracts. This sweeping rule affects millions of workers and makes all existing noncompete agreements (except those covering senior executives) unenforceable.
Unlocking Small Business Success: The Benefits of Hiring a Fractional Human Resources Officer
A fractional HR officer, often referred to as an outsourced HR consultant, is a seasoned HR professional who works part-time or on a project-by-project basis with small businesses. Unlike a full-time in-house HR officer, a fractional HR officer is hired on a contract basis, providing a cost-effective solution for small businesses seeking specialized HR expertise without the overhead costs of a full-time employee.
3 mistakes managers make when developing employees
Managers without formal education or training in organizational development or performance management often fail to perform one of the essential functions of management correctly: developing their employees. Among the mistakes we see managers make when working on developing their employees, there are three that stand out we see repeatedly.
Leverage e-learning to develop your team
Online learning programs (also known as e-learning programs) are becoming more popular and accessible in the modern world, especially in the context of the post-COVID-19 pandemic. Many organizations are turning to online learning programs to develop their employees' skills and competencies, to enhance their performance and productivity.
The linchpin of your talent strategy
Training and developing your employees is not only a way to improve their performance and productivity, but also a way to show them that you value them and care about their growth. By investing in your employees' learning and development, you can boost their engagement, loyalty, satisfaction, and retention.
Payroll Laws Every Business Owner Should Know
As a business owner, you have many responsibilities and obligations to your employees, customers, and the government. One of the most important and complex areas of running a business is payroll. Payroll involves not only paying your employees on time and accurately, but also complying with various federal, state, and local laws and regulations that govern how you classify, compensate, and report your workers' earned income and taxes.
Managing a Performance Improvement Plan (PIP) for Your Employee
A PIP is a formal document that outlines the specific areas of improvement for the employee, the goals and objectives they need to achieve, the timeline and resources for achieving them, and the consequences of failing to meet them. A PIP is not a punishment, but rather a tool to help the employee get back on track and demonstrate their value to the organization.
The problem with non-compete agreements
Non-compete agreements have become increasingly common in many industries as a way to protect companies from competition. Employers often use them as a retention strategy to ensure that their employees do not leave to work for a competitor or start their own competing business. However, the enforceability of these agreements varies widely, and they can often do more harm than good.
Stay Interviews Can Help You Retain Talent
Employee retention is one of the biggest challenges facing organizations today. According to a recent survey by Gallup, 51% of U.S. workers are either actively looking for a new job or watching for openings. The cost of turnover can be significant, both in terms of lost productivity, knowledge, and customer relationships, as well as the time and money spent on hiring and training new employees.
One noteworthy trend has taken shape with employee benefits becoming a more prominent selling point in job advertisements. Recent analysis by Indeed.com reveals an impressive rise in mentions of perks, soaring by over 50%, on the employment platform.