Compensation requests affect HR professionals at more than just an administrative level—it’s one of the most common times employees rely on HR for guidance. Not only does HR often cut the checks, but employees may also come to you for help navigating tough career conversations with their managers. And when was the last time you had a raise yourself? Whether you’re advising employees, or considering your own career advancement, it’s always good to know how to advocate for a pay increase.
In the last couple of years, a new wave of digital disruption swept through businesses in nearly every industry. In 2017, Amazon opened its first supermarket without salespeople in Seattle. McDonald’s decided to replace all of its cashiers with self-serve kiosks, and Caterpillar now invests in driverless tractors.
What if all of your employees changed or left their roles every two years, no matter what? It’s something a San Francisco-based startup called Jolt has been trying out for the past year, and it sounds...interesting. And I don’t mean “interesting” like “pretty weird, but I should use a more polite adjective”; I genuinely mean interesting. The experiment could be great—or not, but for now: I’m intrigued.
As companies everywhere continue their quest to become lasting brands, there’s more and more evidence that those performing best financially also perform extremely well when it comes to company culture. A recent study by the Boston Consulting Group reveals that leadership and talent management performance strongly correlate to financial performance. Companies that rank highest on 20 leadership and talent management capabilities increase revenue 2.2 times faster than companies lagging on those capabilities. And guess what one of the six talent management capabilities is? Culture.