Career Development and Employee Engagement
Companies Can’t Afford to Ignore the Connection To stop today’s revolving door of employee turnover, companies should focus their efforts on cultivating an engaged workforce. The evidence is clear that engaged employees stay in organizations longer. And with the cost of replacing one employee being between one-half to twice that employee’s salary, retaining your workforce […]
7 Types of Non-Monetary Incentives for Employees
By Kimberly Kafafian Some of the worst career decisions I made were for bumps in my paycheck. Even worse, there was a direct correlation between more money and more misery. I remember sitting at my desk, working for a then Fortune 100 company thinking, “What had I done?” (That particular company paid employees 40% higher […]
Career Development Opportunities Can Help Boost Employee Engagement
Engagement is a popular topic among business leaders right now, which is no surprise as the term is strongly tied to talent attraction and retention, productivity, creativity, and innovation. As fractional HR professionals specializing in talent management, clients often turn to us to assist them with their engagement strategy. While fostering workplace autonomy, better communication, […]
Pay Transparency and the Gender Wage Gap
By Kimberly Kafafian I started my HR career in compensation. Part of my responsibility at that time was to market price entire departments to ensure external competitiveness. I remember how bizarre – and deeply bothersome – it was to focus on external competitiveness while being forced to ignore the disparate pay levels between men and […]
How to Design a Pay Structure
By Kimberly Kafafian Did you know there is a systematic way to analyze your employee compensation packages? If not, now is the time to invest in developing a formal pay structure; the right pay structure can make all the difference in the success of your company. A methodically devised pay structure considers more than compensation; […]