The restaurant business can be fragile. Success depends on word-of-mouth from customers and reviews. If the food is good, prices reasonable, and ambiance inviting, you might have lots of customers but ...
For all the talk about creating better incentive plans for employees, many proposed ideas are still off the mark. One reason is that managers tend to ignore insights from academic research, while ...
A performance improvement plan, or PIP, is a formal, structured and specific plan that outlines a performance problem and steps for improvement. As a company leader, you can use a PIP to develop an ...
Last month, guest columnist Ken Hedlund of Somerset CPAs contributed the first in a two-part series on the topic of compensation plans and how to structure them to incentivize your employees. (To ...
As the U.S. economy continues to work its way back from the recession and the jobs market gradually improves, companies should review their executive compensation arrangements, both in recruiting new ...
I've worked for my company for four and a half years. Every year I've had a Very Good or Excellent performance appraisal. However, I just got put on a Performance Improvement Plan. I was completely ...
The writer is senior vice president of TeamLease Services Ltd. When an employee hears the words “Performance Improvement Plans” from an HR manager, it can invoke a sense of dread and trepidation.
In a recent Compensation Committee meeting, one of the executives participating in the meeting asked whether or not I favor Total Shareholder Return (TSR) as a performance measure for performance ...
Title: Performance Planning and Evaluation Policy for Professionals Effective Date: July 1, 2010 Responsible Office: Human Resources Last Updated: May 2, 2016 Employee Type: Professionals and ...
In the months before Amazon laid off tens of thousands of workers, it also put a large number of employees on performance improvement plans, known as PIPs, according to a new report. Performance ...
No news is good news if you're a Big Law associate short on hours this summer. As layoffs roll through the Am Law 100 this summer, many of the recent cuts framed as "performance-related" have been ...
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