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FROM THE PRESiDENT
During the holiday season, we usually
devote part of our newsletter to the issues of company celebrations and the
like and issue the standard caveats about behavior, decorum and liability. This
year we will assume that this is “old news” and everyone has heard it repeatedly. Consequently, we will move on
to other things that can have significant impact on our businesses.
Last week the Society for Human Resource
Management (SHRM) released a report addressing job satisfaction among
employees. Of the survey respondents, 75% reported that they were either
actively or passively job searching. The number of voluntary resignations
has risen drastically especially among non-management people. For HRi’s part, each month we prepare and distribute an “Executive Summary” report that
calculates turnover ratios for the previous 13 months. Over the entire HRi
client base, we experienced a slight increase in turnover in the June
through September period, but nothing approaching 40%.
Of the job seekers, about 40% were
actively interviewing and ready to start work elsewhere. The remainder
described themselves as “ready to go if the right opportunity presented itself”. When
we look at retention strategies, we
look first to the original selection process. Are you hiring the right
people at the outset? We can provide training in the selection/interview
process. Part of the Executive Summary shows benefit eligibility and
participation. We know that benefit participation increases employee
retention. The question is, are we offering the right benefits to your
group based on its demographics? An employee survey will give an accurate
answer.
A few weeks ago, I had a conversation with
a potential HRi client who told me that he offered his employees all the
benefits they wanted and needed. My question was, “How do you know what they want and need?" He gave them the benefits HE wanted and
needed. However, his age, income, family status and financial security were
much different from his workforce. The result was, he was not giving them
what they wanted and needed. Once he understood this, he was able to
adjust. Annual benefit costs went down, and I am almost certain that
employee satisfaction and retention will go up.
If you think turnover is impeding your
organization’s progress, contact Jena
Weigel at 443.321.7708, and she will be glad to assist in a review of
causes and potential solutions.
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Greetings!
Welcome
to the December 2005 edition of DiRECTIONS. In this issue, Tim discusses
a recent trend towards increased job seeking and ways to combat turnover
in your organization.
We then
congratulate Mike Rosellini, Executive Director of our client, East Coast
Ambulance. Mike was recently honored as one of Baltimore's "40 under 40" by
the Baltimore Business Journal. Next, we remind clients of the importance
of accurate employee record keeping. Then, we ask that clients forward
2006 tax notices to us so that we can implement them in a timely fashion.
Finally, we invite you to take our Job Seeking Survey.
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Client Connections
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HRi provides Human Resources
Outsourcing to a wide range of businesses from property management
companies and mortgage companies to law firms, surgical centers and
ambulance companies. We are pleased and honored to work with all of our
clients and their employees. Often we hear exciting news about them,
such as anniversary milestones, national conference participation or
achievements within the community or specific industry. Share your news
with us and let us spread the good news.
HRi would like to congratulate Mike
Rosellini, Executive Director of East Coast Ambulance for being named
by the Baltimore Business Journal as one of the "40 Under 40"
in the Baltimore Area. This distinction recognizes Baltimore area
business people under the age of 40 who have achieved success in
his/her industry and the factors that contributed to that success.
Congratulations Mike on this honor!
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Employee
Record Keeping
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With the New Year approaching, HRi
would like to stress the importance of complete and accurate employee
record keeping. Please be extra diligent when completing new-hire
paperwork, before submitting the information to HRi. Complete and
accurate paperwork will reduce time and money associated with
processing employee information.
It is particularly important to
properly fill out the form I9, as the fines associated with
non-compliance can be costly. Please be sure that all sections are
completed and that the employee and employer sign it in the appropriate
places. For more information, including samples, explanations and
associated fines, visit www.I9check.com
.
If
you have any questions please contact your Client Service Specialist at
443.321.7702. They will be happy to provide assistance with this
process.
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Tax Notices
for Employers
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Over the next six weeks, you may
receive notices from state and federal governments regarding filing
frequency changes for 2006 and unemployment rate changes effective
January 1, 2006. Please be sure to forward any tax notice that you
receive via fax to 410.451.4206 or 410.451.4207. If you have any
questions concerning whether or not you should forward a notice, please
contact Tricia Rogers at 443.321.7725 or via email at
trogers@hri-online.com.
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Take our Job
Seeking Survey
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 Click here
to see results from last month's Flexible Spending Survey.
To
participate in this month's survey, click the link below. Please note
that all responses are confidential and we have no way of identifying
individual responses.
Job Seeking
Survey
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