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SelectOne Blog

Don’t Let Compensation “Trick” You

Posted by SelectOne

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Like it or not, compensation is still the primary factor in attracting and keeping the best employees.

Yes, there are other factors that influence an employees level of job satisfaction, but compensation continues to be the primary factor in an employee’s decision to leave a company. A recent Survey by Career Builder, found sixty-six percent of respondents who were dissatisfied with their jobs cited salary as the number one reason why.

Unfortunately, many companies in Western New York (particularly smaller to mid-size companies that don’t frequently hire large volumes of employees) may not know they have issues with their salary structure until it’s too late. A recent survey in Buffalo Business First asked respondents if they believed their salary is keeping up with inflation, and seventy-six percent responded, “No.” This is a simmering problem for many companies and without a proactive approach, the problem may boil over resulting in losing talented employees. Fortunately, there are a number of things you can do to be proactive and keep your employees from being disillusioned over their compensation.

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Topics: Career Advice

The Truth About Behavioral Assessments

Posted by Nita Bhatia

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Behavioral assessments are often used in the workplace to determine whether potential and current employees fit the mission and values of the company. Misaligning employees and companies wastes time and money that could be spent moving your business forward. While employees might be hesitant to take a behavioral assessment out of fear of being let go, taking the assessment can help the company refocus on its success—even through something as simple as shifting responsibilities of employees.

But companies often don’t use assessments correctly. Executives are sometimes afraid their HR leaders will rely too heavily on the assessment, while others think the hiring manager might rely too much on their own judgment and not actually use the assessments.

Here a few ways you can make the assessments work.

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Best vs. Worst: Not All Search Firms Are Created Equal

Posted by Marissa Malone

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While you may be under the impression all search firms are the same at the surface, in reality, not all search firms are created equally. In addition to having varying specializations and geographic focus areas, some firms exemplify staffing and executive search best practices, and others cut corners, driving negative experiences for both the candidates and clients.

But what are best practices?

And how can you be sure you’re working with one of the good ones, and ultimately avoiding the bad ones?

Here's your go-to overview on the best and worst search firm practices. We've outlined the key points to take into consideration the next time you're ready to engage. 

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Topics: Workplace

You’re Doing It Wrong:  7 Essential Hacks for Google Chrome

Posted by SelectOne

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If you’re still using Internet Explorer (IE), stop reading right here.  Go grab your pager and your Rolodex, and set the flux capacitor for 1998.  If you’re like the rest of the world, you realized almost two decades ago that IE has some serious flaws, and has been under attack by competing browsers, all of which are faster, less buggy, and more feature rich.  

Today, recruiting is highly competitive competitive and technology costs are falling rapidly.  Your ability to perform targeted, deep research, quickly and accurately, is no longer a competitive advantage, it is a requirement.  If you aren’t leveraging the best, new, free technology, you’re doing it wrong.  If you want to supercharge your browsing, research, speed, and ultimately productivity, I STRONGLY suggest that you switch to Google Chrome.  

If you already made the switch, great!  Here’s a list of 8 free extensions and hacks for Google Chrome that I use every day to be a better recruiter:  

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Topics: Workplace

Structuring a Quality Sales Compensation Package

Posted by SelectOne

 

Sales_Team.jpgYour sales team is one of your most valuable resources. After all, it’s how you bring in business and keep your company’s revenue pipeline flowing. To ensure you’re providing adequate motivation and accurate compensation to your sales team members, you must structure your sales compensation package to meet their performance level and give them a sense of upward mobility.

There is no magic formula for creating a sales compensation package, but following some guidelines will keep both you and your sales team members satisfied and excited for future successes.

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Quiz: Think You Know All About Generations in the Workplace? Take Our Quiz

Posted by SelectOne

There are currently four (yes, four!) active generations in the workplace. Spanning seven decades, workers range in age from 18 to 70. That means there are many different mindsets when it comes to work, values and what they want in a career.

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Topics: Workplace

What Financial Professionals Value in the Workplace

Posted by Molly Hastrich

 A financial professional's role is to help their customers achieve their financial goals by planning for future events. Whether they are an accountant, financial adviser, banker, investor, insurance agent or financial planner, their main focus is to help their client succeed financially. With jobs that entail this much responsibility, a supportive workplace is necessary for success.

Many things can create a conducive workplace environment for those in the financial industry. Here are the main priorities financial professionals value most.

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