Welcome to the April 25, 2007 issue of The Total View
Published by Success Performance Solutions, Written by Ira S. Wolfe
Visit our Human Resources Blog and Perfect Labor Storm Blog where we can post daily (and more often) human resource updates, news, and Perfect Labor Storm facts.
What's Inside:
1. Companies losing millions in payroll expenses
2. Perfect Labor Storm Facts and Trends
3. Upcoming Webinars, Workshops
4. New Free Audio Podcast: Quality of Motivation
5. Trust: Building Effective Teams with DISC
6. Stop Lies and Sticky Fingers....and run-away absenteeism
7. Quotes from the Hire Authorities
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1. Companies losing millions in payroll expenses
Companies are potentially losing millions of dollars in payroll
expenses and employee productivity. That alone is enough to make an
executive's blood pressure rise and his/her skin to crawl. What is
even worse is that they do not know how much money they are losing.
John Sullivan wouldn't be surprised. Sullivan, a professor of
management at San Francisco State University, set off a firestorm of
activity a few weeks ago when he described "most HR generalists as
little more than hand-holding, silo-building, no-change agents who
serve as barriers to HR having a measurable business impact” in the
March 26 issue of Workforce Management.
Sullivan added “for the most part they are genuinely nice people but
they do more damage within an organization than any negative article
about HR could ever do…….they resist measurement. If you look within
your firm, you’ll find that your generalists have no output or results
metrics of any kind.” According to Sullivan, HR generalists have
elevated excuses to an art form.
Whether this is 100 percent accurate or not, the Hewitt study seems to
confirm the need for more managers to ask: What is HR doing with
their time and resources? (For more about HR's role - or lack of it -
in Circuit City's decision to lay off 3400 workers, read the April 11,
2007 edition of The Total View.)
Hewitt's survey of 421 companies found that only 11 percent of
companies provided the same time-off programs across all employee
groups, making them difficult to administer, track and manage. In
fact, only 57 percent of companies formally tracked sick days for
their exempt employees, and less than half (46 percent) tracked
personal days. And how about this finding: most companies revealed
they did not know the financial cost associated with their employees'
time away from work, even though they were allowed to provide an
estimate.
Three-quarters (75 percent) of companies could not provide an actual
or estimated cost of their sick pay as a percentage of payroll. Those
that did, however, estimated the potential cost to be between 1
percent and 3 percent of payroll. For a company with $450 million in
payroll, the cost of sick time could potentially be between $4.5
million and $13.5 million a year. Expanding the example to include
all types of time-off pay – sick time, vacation time and disability –
overall costs could reach an estimated 9 percent of payroll, or $40.5
million in time-off expenses.
According to Hewitt, creating and implementing a successful time-off
program requires employers to adopt a new paradigm – one that views
employee health, absence and disability as interconnected and
translates into the adoption of new strategies.
Not a bad idea if you can get HR to do it. Send your comments
2. Perfect Labor Storm Facts and Trends
U.S. Census Facts for April 2007
One birth every...............................................8 seconds
One death every......................................... 12 seconds
One international migrant (net) every.... 26 seconds
Net gain of one person every.................. 11 seconds
2007 HR Executive Census Survey
623 executives listed the following as top challenges in their
organizations:
57 percent listed talent acquisition
46 percent cited health-care cost containment
46 percent cited talent retention
(April 2007, Human Resource Executive)
Perfect Labor Storm 2.0 is now available. The year 2007 will see an increase in skilled worker shortages and more competition. The result will be higher salaries, more training and career advancement opportunities, and more flexible work cultures. How prepared is your company to find skilled and dependable workers?
Perfect Labor Storm 2.0 is the newly updated and revised 2007 edition of best-selling book first published in 2005. You can now download an advance copy of PLS 2.0. a $10 value with every purchase of the original Perfect Labor Storm, still a great value at $9.95.
Don't miss day-to-day updates on Perfect Labor Storm. Save the Perfect Labor Storm blog to your favorites.
3. New! Upcoming Webinars, Workshops and Training Dates
CriteriaOne DISC: Building Teams That Click, Not Clique
Webinar - May 1, 2007 at 11 AM to Noon EDT
Registration: Free (Limited to 10 participants)
Hiring Tool Kit 101
Webinar - May 15, 2007 at 11 AM to Noon EDT
Registration: Free (Limited to 10 participants)
ASSESS Expert System Certification
Date: June 12 and 13, 2007
Time: 8:30 - 5:00; 2nd day ends at 12:30PM
Place: Lancaster, PA
Tuition: $1500 per person; $1000 for 2nd person, same company
ASSESS Expert System User Certification has been rescheduled due to the inclement weather experienced in the Northeast from April 15-17. New dates will be June 12 and 13.
For the first time ever, Bigby Havis and Success Performance
Solutions have partnered to sponsor a 2-day ASSESS User
Certification in Central PA. (Bigby Havis is one of the top U.S.
organizational psychology consulting firms with domestic and
international clients.)
Participation is limited and over half the seats are already filled.
Don't wait. Call 800-803-4303 for information.
4. New Free Audio Podcast: Quality of Motivation
Every employer is looking for self-starters and motivated workers.
Just imagine if candidates presented for the interview with a
motivation meter on their foreheads. In this revealing interview, Ira
S. Wolfe explains why motivation is a skill and why some people are
highly skilled in a positive way, while others are not only attracted
to counter-productive behaviors but they are good at it!
Listen and learn about the Quality of Motivation.
5. Trust: Building Effective Teams with DISC
Building an effective and cohesive team begins with overcoming the
absence of trust. Patrick Lencioni in Five Dysfunctions of offers
solutions for each of the dysfunctions and identifies personality and
behavioral preference profiles as among "the most effective and
lasting tools for building trust on a team." He continues, "these help
break down barriers by allowing people to better understand and
empathize with one another."
According to Patrick Lencioni, "the most effective and lasting tools
for building trust on a team are profiles of team members' behavioral
preference and personality styles."
Build Trust, Build Effective Teams with CriteriaOne Behavioral
Assessments. Learn more
Order your copy of Five Dysfunctions of a Team
6. Stop Lies and Sticky Fingers....and absenteeism.
Fifty-seven percent of hiring managers say they have caught a lie on a
candidate's application, according to a recent online survey by
CareerBuilder.com.
The most common résumé lie cited by hiring managers is stretched dates
to cover up employment gaps, with nearly one-in-five hiring managers
saying they have found this on a candidate's application. Other top
résumé lies include:
Past employers (18 percent)
Academic degrees and institutions (16 percent)
Technical skills and certifications (15 percent)
Accomplishments (8 percent)
The survey, which included more than 2,200 workers and more than 1,000
hiring managers, found that just 5 percent of workers admit to fibbing
on their résumés.
In another CareerBuilder.com survey, fifteen percent of hiring
managers have caught employees stealing office supplies; 14 percent
caught them with money; 11 percent caught an employee with
merchandise.
Isn't it time to stop hiring employees at risk for lying, cheating,
absenteeism, and aggressive behavior? Uncover high-risk clues with
Candid Clues - the newest generation work attitude assessment.
7. Quotes from Hire Authorities
"You can make more friends in two months by becoming interested in other people than you can in two years by trying to get other people interested in you."
Dale Carnegie
Ira S. Wolfe Copyright 2007 - All Rights Reserved. Reprints and other distribution by permission |