Unlimited paid time off (PTO) has gained momentum, with household names like Netflix, Honeywell, Dropbox and GE offering unlimited time off to many, and in some cases all of their employees. While these large employers may have started the trend, many smaller companies are also offering this unique benefit. Regardless of your headcount, there are many factors to consider prior to implementing an unlimited time off policy.
In a recent study by Mercer, it was discovered that combined paid time off (PTO) policies have skyrocketed to over 63%, up from just 38% in 2010. To remain competitive, many employers are shifting how they structure their traditional sick and vacation policies in favor of a combined PTO policy. Regardless of your time off policy it should be easy to track, compliant and attractive to candidates as well as current employees.
The country is buzzing about the current unemployment rate. In May 2018, the national unemployment rate hit an almost record-breaking 3.8%. In the past we have discussed retaining and recruiting your employees, but what happens when the talent pool is a fraction of what it used to be?
Soft skills have become essential to hiring the best candidate. But what exactly are soft skills? How can you identify them in an interview? Why is
In 2017, Millennials were the highest demographic in the workforce at a staggering 35%. It is estimated that Millennials will represent 75% of the workforce by 2025. In recent posts, we have discussed how to recruit and retain your employees. But what about these Millennials? The Millennial generation, also know as Generation Y, are between the ages of 22 to 37 in 2018. In researching this article, we talked to Millennials in various
Many employers are struggling to find the talent they need in today's job market. The Employment Development Department (EDD) reported a 4.5% unemployment rate in California, and some northern California counties have unemployment rates below 3%. Last month we discussed how increasing employee engagement can help to reduce turnover. A strong recruiting strategy is equally vital in your arsenal, therefore our topic of this month's post.