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Boost Employee Productivity by Reducing Distractions and Stress
At a time when many employers are keeping employee headcounts down, the importance of productivity has never been greater. Streamlining is good, but it can be a grave mistake to assume productivity will increase when you spread the same workload over fewer employees. That is, unless you also confront long-standing impediments to productivity that will only be exacerbated when payroll…Read More
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Attract the Best Applicants with Strategic Interviews
It's one thing to get good candidates to agree to a job interview. But how do you use that opportunity to get those people excited about working for your company? As the person doing the hiring, you have an edge that you can use to sell the best applicants on your company. In a poll that measures candidate behavior, the online…Read More
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Non-Compete Agreements: What Can They Accomplish?
Non-competes are based on fear -- fear that an employee might run off to a competitor and take along some highly specialized knowledge. And while that concern is legitimate, non-compete agreements must be phrased carefully and they cannot unreasonably restrict a former employee's activities. It may seem ironic that companies encourage innovation and brilliance while employees are on the payroll,…Read More
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Virginia Unemployments Rates
Though the title of this article may cause some concern, the numbers for unemployment in the key areas of Virginia are holding steady. Seasonal dips in the rate are not a surprise in the summer months due to slowdowns in certain industries and markets. The trends we observe at Fahrenheit continue to be steadily positive for employers and the economy.…Read More
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Proposed DOL Rule May Make Millions More Eligible for Overtime Pay
In his 2015 State of the Union Address last January, President Obama said employees should get the overtime they've earned. He then directed the U.S. Department of Labor (DOL) to review and amend the overtime rules under the Fair Labor Standards Act (FLSA) to make more workers eligible. On June 30, The U.S. Department of Labor issued long-awaited proposed changes…Read More
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Keep Your Best People On Board
The national unemployment rate recently fell to 5.5%, according to a Bureau of Labor Statistics (BLS) report for May. That's a two-point decline since May of 2013. A closer look at the current numbers reveals a 4.5% unemployment rate for all adults at least 25 years of age, and 2.7% for workers having at least a bachelor's degree. Also, in…Read More
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What is the No. 1 Job Skill Needed For The Smart Machine Age?
Darden professor Ed Hess strikes a contrarian view in this article, for both employers and jobseekers in this “knowledge intensive” hiring environment. “Humility” sounds almost like weakness, until Hess defines what that means: be a better listener, open-minded, with a collaborative mindset. Be someone who suspends beliefs (not values) in exploring Innovation. How does a person who has become successful…Read More -
Using HR and People Analytics to Transform your Business
The use of HR analytics is a growing trend in talent management because it has clearly demonstrated its value and removed some degree of mystery in what can be done to enhance employee engagement. Regardless of how formal the effort becomes, all employers can benefit from a more fact based understanding of what factors attract new employees, encourage existing employees to reach their potential, and retain…Read More -
Compensation and the War for Talent
The economy is heating up and so is the battle for talent! Our team at The Fahrenheit Group has been watching the gradual recovery from the recent Recession very closely. Our observations are consistent with data from various economic monitoring sources and with the message in this article. One of the keys to winning the battle for talent is creating…Read More
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Venture Summit to Feature head of Start-up Program for Microsoft
Fahrenheit is proud to be a key sponsor for this years Virginia Venture Summit and we are excited to see such a robust agenda. The Virginia Venture Summit, Venture Forum RVA's signature event, hosted by Capital One, is a day-long annual conference for entrepreneurs, innovators and capital providers. Join leading VCs, investment bankers and angels as well as leaders of…Read More
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Make Sure Your Employees Make the Connection
Employee duties and how well they are performed are directly linked to your company's profits. But staff members aren't always clear on how their jobs translate into a healthy bottom line. It's important for employees to understand how their individual duties fit into your company's big financial picture. Here are a couple of ways to ensure that your staff members…Read More -
Smart Tips for Handling Employee Salaries
Salaries are a tough expense for most businesses. You want to hold them down but reining them in too tightly doesn't always work well. Good employees can find work elsewhere and replacing them can cost a bundle. So, if you're in a spot where every salary dollar counts, here are eight ideas for getting the biggest bang for your buck.…Read More