Given the economic factors at play from 2001 to 2011, it’s hardly surprising that employees ranked job security as the most important factor for job satisfaction. This is no longer the case, however, according to new Society for Human Resource Management (SHRM) research.
More hiring has yet to lead to more pay. While U.S. unemployment fell from 10% in October 2009 to 8.3% in August 2012, it has not been enough to boost salary budget increases and, subsequently, employee wages, according to WorldatWork, an association of total rewards professionals.
As the economy begins to improve, employers across the board are finding it more difficult to retain key talent -- employees who are the strongest performers, have high potential or are in critical jobs. That’s among the findings revealed by a survey of primarily U.S.-based mid-level to senior-level rewards professionals, as reported in Retention of Key Talent and the Role of Rewards, a report published in June 2012 by WorldatWork, an association of total rewards professionals.
Consistent with previous studies performed by the U.S. Department of Labor, men reported significantly more work-related injuries than women, and injury rates declined with increasing age. White employees had higher injury rates than black employees, but both groups had lower injury rates than those reporting their race as “other,” a group predominantly made up of Hispanics.
Employee loyalty in the U.S. continues to wane. Only 42% of employees said they felt a strong sense of loyalty toward their employer—a seven-year low—according to MetLife’s 10th Annual Study of Employee Benefits Trends report, released in March 2012. Conversely, the percentage of employers who felt a strong sense of loyalty toward their employees grew to 59% in 2011—a seven-year high.
Across the home improvement industry, small businesses confront some of the same human resource issues faced by their larger competitors. But the big players have human resource professionals on their payroll. Oftentimes, the small businesses don’t.
The San Diego chapter of the Society of Human Resource Management (SHRM) has recognized HD Supply Facilities Maintenance.
HD Supply Facilities Maintenance was recently honored with the 2011 Marble Award (First Place) in the large company category of the Workplace Excellence Awards, presented by the San Diego Chapter of the Society of Human Resource Management (SHRM).
Fort Worth, Texas-based eCommerce Industries has announced that Ace Hardware has given its final certification to ECi’s RockSolid POS business system software for integration with the Ace Rewards program. Ace Rewards is a retail incentive program that awards points based on dollars spent and provides members advanced notice of sales, members-only coupons and allows them to submit rebates online.
An online career website found Home Depot ranked eighth on a list of companies advancing employee happiness.
CareerBliss.com evaluated more than 250,000 company reviews and ratings from employees to create its top 50 list of happiness improvement. Target showed the biggest increase -- up 12.1% to a bliss index of 3.888.
Home Depot ranked eighth on the list, improving 7.964% to a bliss index of 3.772 this year.