Human Resources

Recruiting for Top Executive Talent in Today’s Economic Environment

Companies may find that hiring executives in today’s economy is more difficult based on a lower labor participation rate combined with low unemployment. The factors support the contention that companies must increase their scope of networking techniques and further concentrate on determining the talent level of those candidates who apply. Although not difficult to identify the unemployed, the true skill is in determining if candidates are a fatality of downsizing efforts or if there are serious performance difficulties.

Michigan Employers Projecting 2.7% Merit Increases for 2014

According to WageAccess, the Michigan Chamber’s Salary and Benefits Survey, Michigan employers are projecting that they will pay an average 2.7% of payroll for merit increases for 2014. This is a significant improvement over the reported 2013 budgeted merit increase average of 2.3%. What is even more interesting is, although Michigan employers budgeted for only 2.3% for merit increases in 2013, they actually paid an average 2.6% in merit increase pay to their employees last year.

Preparing to Respond to Workplace Harassment

Small Michigan manufacturer pays out $50,000 to settle a harassment complaint filed with a government agency. No handbook. No training. Bad behavior. No investigation. No defense, so write the check. How often does this happen? Not often, but isn’t once still too often? What about lost productivity, the rumors, and even the bad press? The distraction from the core business? The distrust amongst those who would otherwise prefer to be teammates? These always cost more than any fine.

When bad behavior occurs, is an employer without defense? Not at all; you can be prepared.

Adopt a Comprehensive Social Media Policy

A recent survey by the Society of Human Resource Management (SHRM) estimates that only 40 percent of employers surveyed have adopted a social media policy. Yet the social media websites of Facebook, MySpace, YouTube, and Twitter are four of the five most universally blocked websites. Considerable thought and care must be given to adopting a broadly inclusive computer and social media policy.

Basic Concept of Michigan Unemployment Tax Regulations

Employers fund the “unemployment system” by paying Federal and State unemployment payroll tax. Federal tax provides the operating and administrative funds for each respective state agency. Federal guidelines set minimal benefit standards and maintain oversight of each individual state unemployment program. In each state of business, an employer maintains a separate and specific tax account. They pay monies into this account in the form of taxes. Former employees, or claimants, draw monies out of this account in the form of unemployment benefits.