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U.S.
WORKERS VALUE DIVERSITY, SURVEY FINDS: While
a majority of American workers believe that a more diverse
workforce means a more successful organization, nearly
half say they have felt discriminated against at the
office. The survey, recently conducted by staffing and
recruiting firm Adecco, found that while 61 percent
believe that diversity brings more success to an organization,
47 percent say they have experienced discrimination
in the workplace, with age cited as the most common
form of discrimination.
More...
TIMING
HELPS WITH RETENTION OF OLDER WORKERS: Companies
that want older workers to delay retirement have a short
timeframe to convince them to stay, says a new survey
by the Employee Benefit Research Institute. When offering
an incentive offer to delay retirement, timing is vital.
Sixty-three percent of retirees said that these offers
would have been more effective had they known about
the incentives in the two years prior to announcing
their plans to retire from the company. More...
DO
LAYOFFS CAUSE A LONG-TERM LOSS? If you think
laying off a few employees might put your company's
finances back on track, you might want to reconsider
that line of logic. According to a recent BNET article,
the short-term gain of trimming some salaries and benefits
from your budget just may cause your business lasting
damage – especially if you cut employees who have had
strong a strong rapport with clients. The gains from
layoffs also diminish if new employees are hired within
six to 12 months. And studies show that star employees
may be less likely stick around if your company has
a history of repeated layoffs. To read more,
click here.
FIRING BADLY CAN
BE A REPUTATION KILLER: What do firings and
your firm's ability to attract and recruit talent have
in common? A lot, experts tell The Wall Street Journal.
How your company terminates employees can tarnish your
reputation among business partners, vendors, clients,
and even potential hires, workplace experts say. An
insensitive firing "sends a message that this is the
way we treat employees," says Julie Freeman, president
of the International Association of Business Communicators,
a trade group based in San Francisco. "It's a ripple
effect." To read more,
click here.
COMPANY
ASKS WORKERS TO NAME OWN SALARIES: Managers
at Skyline Construction Inc. in San Francisco have what
some may describe as the ultimate perk: They get to
pick their own salaries within a given range, according
to a recent Wall Street Journal article. If
they pick a higher salary, they receive a smaller bonus.
If they pick a lower salary, they have the opportunity
to earn a higher bonus. This year, 12 out of 15 eligible
managers opted for the lower salaries. The construction
company is among a handful of companies experimenting
with flexible programs like these – all part of an effort
to appeal to an increasingly diverse workforce. To read
more,
click here.
FEDS,
STATES LOOK TO HELP SMALL BIZ WITH HEALTH CARE:
As the cost of health insurance continues to climb,
many employees are simply going without. Now, the New
York Times reports, federal and state lawmakers
are starting to look into one of the contributing factors:
many small business owners and their employees simply
cannot afford coverage. Unlike larger businesses, small
employers often are unable to spread the costs and risks
of employees' high medical bills over a large group
of people, and as a result, they sometimes are forced
to offer coverage that requires higher out-of-pocket
expenses for employees. But lawmakers in many states
are starting to step in to help employers foot the high
cost of health care. Arizona now extends tax credits
to small employers that provide medical coverage to
employees. And in other states like Colorado, lawmakers
have passed legislation that regulates how much insurers
can charge small businesses. To read more, click
here.
CORPORATIONS DON'T
PROVIDE ENOUGH COACHING FOR LEADERS: Employees
who rise up the ranks into leadership positions often
don't receive the coaching they need to realize their
full potential, according to a recent Right Management
survey. Only 23 percent of new leaders receive the needed
coaching after assuming positions that require supervision
or management of others, according to the Philadelphia-based
human capital consulting services firm.
More...
WORLDWIDE
AUTOMOTIVE REPORT PODCAST: We
take an in-depth look at the cutbacks at General Motors
Corp.
GRANHOLM
TALKS ABOUT STATE ECONOMY: Gov. Jennifer Granholm
talked with Greg Bowman and Roberta Jasina live this
morning. Hear the entire interview here.
BE OUR FRIEND ON FACEBOOK: The Daily Dash
now has a profile page and a group on Facebook. If you
have a Facebook account (or have been looking for a
reason to set one up), we'd like to hear from you. To
visit the Daily Dash profile, click
here. To join the group, click
here.
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