Recruiting & Retaining: 6 Real-Life Examples of Successful Programs — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
‘Network of Women’ gives female staff a leg up. Turnover among female employees at New York-based KPMG has declined by 22 percent in the past three years. One big reason: The KPMG Network of Women, or KNOW, helps female staff with professional development. Each office’s chapter invites speakers to address issues, such as parenting and work/life balance.
Grants for outdoor journeys garner pride, loyalty. Recreational Equipment Inc. (REI) offers grants of up to $300 worth of REI gear to employees embarking on athletic challenges or service projects. Employees return with a sense of pride in themselves and their employer.
$100,000 cash prize improves attendance, recruiting. To lure more than 1,000 seasonal workers to Amazon.com’s distribution centers during the holidays, Chicago-based Staff Managementoffered a $100,000 cash prize to a lucky employee who had perfect attendance and had entered his or her name into a drawing. It also offered cash prizes to 99 other employees who had perfect attendance.
Let employees paint the company’s benefit picture. Every three years, Austin, Texas-based retailer Whole Foods puts its benefits plan up for a vote, allowing employees to decide where the company should spend its benefit dollars. In the most recent vote, 80 percent of the company’s 42,000 U.S. employees voted in a process administered in four languages.
Paid-volunteer time unearths employee passions. The community relations department at Texas-based National Instruments organizes volunteer opportunities for employees. Plus, 24 percent of workers have been granted paid time-off for company-arranged volunteer work. Employees who find their own volunteer projects need a manager’s approval to receive paid time off to do it.
Candy bars and $100 bills help recognize work ‘stars.’ Employee turnover has dipped 6 percent since San Joaquin Gardens, a continuing care retirement community in California, began handing out candy bars and $100 bills. The recognition program pats employees on the back for exceptional service to residents, longtime service, perfect attendance, accident-free performance and participation in a wellness program. “You’d be surprised how little it takes to increase the morale of employees,” says HR director Lois Manley.
Payroll tax audits are increasing at both the state and federal levels. And the IRS has launched what experts are calling "the most significant audit initiative in decadesâ aimed at fringe benefits, exec comp and payroll taxes. Are you prepared to receive an audit letter? Do you know what triggers an audit â¦ and how to avoid one in the first place?...Click here to find out more.