Yellow-dog contract
/0 Comments/in /by Zahara SayedYellow-dog contract
What is a yellow-dog contract?
Yellow-dog contracts are instances where employees agree, under the conditions of employment, not to enter into union relations or become union members.
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Performance assessment
/0 Comments/in /by Dmytro RodionovPerformance assessment
What is performance assessment?
Performance assessment is the process of measuring how well the employee is performing the skills required for the job.
What is assessed in performance assessment?
Performance assessment considers the observable tasks, behaviors, and attitudes that constitute “the right way to do the job.” Once the performance is assessed, the employee and manager work together to create a plan for the individual to develop skills they may be lacking.
What are the steps involved in the process of performance assessment?
The performance assessment process includes the following steps:
- Identifying the objectives for the employees
- Determining the assessments criteria for the employees
- Setting up the timeframe for the deadline of the objectives
- Checking the achievements of the objectives
- Evaluating the performance
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Part-time work
/0 Comments/in /by Dmytro RodionovPart-time work
What is part-time work?
Part-time work is a flexible arrangement that means working less than full-time hours. It usually means working fewer days per week, and employees are usually considered part-time if they commonly work fewer than 30 hours per week.
What are the advantages of offering part-time work?
The advantages of offering part-time work for organizations are:
- It retains valued employees who may not want or be able to work full-time
- It enables the employer to cover busy periods efficiently
- It allows more free time, flexibility, and work-life balance for employees
What are the disadvantages of offering part-time work?
The disadvantages of offering part-time work for organizations are:
- It creates difficulty in scheduling meetings, coordinating projects
- It isn’t easy to measure the working hours and performance of part-timers
- It negatively affects the employee’s career advancement
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Pharma industry
/0 Comments/in /by Dmytro RodionovPharma industry
What is meant by the pharma industry?
The pharma industry deals with drug and medication discovery, development, and manufacture.
What are the technological trends in the pharma industry?
The prominent pharma industry trends include artificial intelligence (AI), additive manufacturing, blockchain, and other Industry 4.0 technologies.
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PTO (Paid Time Off)
/0 Comments/in /by Dmytro RodionovPTO (Paid Time Off)
What is PTO (Paid Time Off)?
Paid time off, or PTO is an employee leave policy under which the company sanctions a pool of leaves for its employees for which there will be no loss of pay. PTO leave means the employees will get paid, even when they are away from work for a specific period.
What is the purpose of offering employees PTO (Paid Time Off)?
PTO (Paid Time Off) policies offer employees more flexibility and freedom to choose when to utilize paid time off and for what circumstances. It also allows employees to take full advantage of their paid time off.
What is the purpose of PTO (Paid Time Off) for employers?
PTO (Paid Time Off) is often used as a selling point for recruiting or retaining employees since the flexibility of a PTO bank can be attractive to employees.
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Quiet quitting
/0 Comments/in /by Dmytro RodionovQuiet quitting
What is quietquitting?
Quiet quitting is a rising trend where employees refuse to go over and above their duties in the job description.
What’s the reason employees are quiet quitting?
The underlying source of quiet quitting can be rooted in a lack of boundaries in the workplace, continuously adding extra hours and efforts to match workload, unclear job descriptions, and poor management styles.
What can HR leaders do to prevent quiet quitting?
HR leaders can prevent quiet quitting but helping teams to set clear boundaries and working agreements so they can work and have a personal life in a balanced way. In addition, continuous feedback from employees on how they feel at work can help HR leaders gain many insights into why other people in the organization aren’t as happy.
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Quarterly workforce indicators
/0 Comments/in /by Dmytro RodionovQuarterly workforce indicators
What are quarterly workforce indicators?
Quarterly Workforce Indicators (QWI) provide local labor market statistics specifically as per industry, worker demographics, employer age, and size or any variables.
Why are Quarterly Workforce Indicators (QWI) important?
Quarterly Workforce Indicators (QWI) help to distinguish actual employment opportunities from general employment growth in a given area and allow wage comparisons between new hires, continuing workers, and similar workers across various regions.
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Virtual HR
/0 Comments/in /by Dmytro RodionovVirtual HR
What is virtual HR?
Virtual HR uses technology and software systems to provide employees with self-service options and assist the human resource department with the automation of everyday tasks.
What are the benefits of virtual HR?
With an effective virtual HR system, human resource management duties are more efficient, and employees enjoy the freedom of accessing important HR information hassle-free and self-efficiently.
How does virtual HR help HR managers?
Virtual HR takes care of repetitive, mundane tasks and frees up the HR department’s time which can then be used in more productive tasks such as strategy building, decreasing employee attrition, and policies to ensure employee wellbeing.
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Voluntary benefits
/0 Comments/in /by Dmytro RodionovVoluntary benefits
What are voluntary benefits?
Voluntary benefits are products offered by an employer but are paid for partially or solely by employees through payroll deductions.
How do businesses benefit from offering voluntary benefits?
Voluntary benefits enrich the benefits package offered to employees and attract more potential candidates to apply for job positions in the organization.
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Video interview
/0 Comments/in /by Dmytro RodionovVideo interview
What is a video interview?
A job interview takes place through a video technology platform instead of in person.
What is the top benefit for organizations to conduct video interviews?
Video interviews allow organizations to attract candidates from a larger talent pool, who can also hire from any geographical distance.
What is the biggest drawback of video interviews?
Connectivity problems and bad internet service can be a big drawback during video interviews as it can make it challenging to communicate easily or to hear what is being said.
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Yardstick
/0 Comments/in /by Dmytro RodionovYardstick
What is a yardstick?
Yardstick is a benchmarking tool used to help drive decision-making and improve service delivery.
How does yardstick help HR leaders?
Yardstick enables HR leaders to collect, share, and compare vital information to measure current performance and target future improvements.
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Year to Date (YTD)
/0 Comments/in /by Dmytro RodionovYear to Date (YTD)
What is Year to Date (YTD)?
Year to Date (YTD) is the period that starts at the beginning of the current year and runs until a specific date before the end of the year.
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