Why do smart people fail? Why people who more social succeed while those with merely a moderate IQ considerably fail?

Last month, I wrote about positioning your company to attract and keep top performers. One very effective way to do both is to compensate your key employees with equity. Performance pay has become a critical factor in keeping top talent; combine it with a sense of ownership and a stake in the future of the business, and you've got a powerful set of incentives. That is what equity does. The basic theory behind equity compensation is simple: generously pay your people in ...

Employment is on the rise and with it, the return to attractive compensation packages and salary levels. After several down years in the employment market that was the result of the normalization of an inflated stock market and the beginning of the War on Terror, employers are constructing compensation packages with an eye to drawing dedicated employees. During the economic bubble of the late nineties, employers were in head-to-head competition with each other to offer be...

Today�s employees, particularly those involved with corporate finance and other major business sectors, are leaning more towards corporate event management and corporate entertainment as a key source of contentment and happiness at work. This reflects the emergence of what has become defined as corporate culture - one that recognizes the need to keep staff happy through team games, special event days and other activities that help build camaraderie and teamwork. 1. Happy W...

The successful management and re-deployment of legacy systems to meet tomorrow�s business needs is the major challenge today. This white paper will help organizations understand the issues involved in effective management of existing legacy systems.

As more and more Americans are becoming victims of identity theft, many employers are increasing their level of security to protect their employees. A recent General Accounting Office report estimates that as many as 750,000 Americans are victims of identity theft every year. So, what can you do to protect your employees? Here are some ideas. Employee files HR (Human Resources) professionals will generally have a set of standard operating procedures when dealing with empl...

Time tracking is the act of tracing out the time spent on each activity in a particular period of time. With so much pressure on time these days, time tracking and management has become absolutely necessary. Though time tracking was initially just a method for keeping track of the way employees use their time, today it is a major program that is used for several other things like: payroll processing, employee productivity, revenue management, client management, invoicing, database management and project management.

Employee time clocks are time systems used by organizations to accurately record the number of hours worked by each employee every week. The clocks have evolved with time and the companies still need some sort of system that they can use to generate payroll and ensure that the employees are paid for each hour they worked. Today, employees use swipe cards with a magnetic stripe through a slot that reads their name and records the time every time they clock in or out, much like...

The way you reward people forms an essential foundation for effective people management. Money is by no means the only motivator of people, but too little money demotivates powerfully. Studies have shown that material reward is far more powerful than monetary. 1. How To Determine Levels Of Reward To determine how much reward is appropriate, consider the question what level of employee reward will attract, retain, and motivate people of the calibre that you require. If ...

It�s one of the largest costs in all different types of organizations, yet it�s also one of the most unknown costs. It�s employee turnover. Companies routinely record and report costs such as wages and benefits, Workman�s Compensation Insurance, utilities, materials, and space, yet most companies have no and report the cost of employee turnover. It can be much higher than you think. How Much is it Costing You? Several well-regarded studies have recently estimated the...