One of the main factors that contributes to the United States being a world super power is in large part due to its economy. While in recent years the US economy has suffered major setbacks and the deterioration of many industries due to offshoring and certain product lines becoming obsolete, the broader economic landscape has been a world leader for well over a century.

Regardless of the nature of the transaction, during a merger or acquisition, all employees find themselves surrounded by change, impacting everything from organizational culture to the snacks in the kitchen. From here it is an exercise in simple logic - with change, comes uncertainly - with uncertainty, comes attrition. Is there no way to interrupt this equation?

White-Collar Exemption Changes Are Here Last March, I wrote an article when the topic of the DOL FLSA White Collar-Exemption change was being discussed. At that time there was a lot of uncertainty about what the new minimum salary threshold would be; when this rule would take effect; and how much supervisory responsibility an employee would have to have to be considered exempt. Well, wait no more because effective December 1, 2016, the new rules go into effect.

As a consultant in the field of Human Resources, I am often approached for guidance on how to conduct a difficult conversation in the workplace. I’ve had COO’s come to talk through how to share with their CEO (and boss!) that their contributions in staff meetings are negatively impacting employee morale and undermining their position as COO. I’ve had employees come to me and ask how to talk to their manager about why they feel overwhelmed and underpaid in their role. I’ve had friends call me up and ask about best practices for approaching their manager to let them know they will be resigning from their position. These topics, along with a number of other topics in the workplace, are never an easy conversation to approach and I have found myself consistently providing the following advice in each scenario. Added bonus, these tips apply to those not-so-easy conversations at home as well!

The Trillion Dollar Jackpot Lurking in HR Companies, large and small alike, are always trying to find ways to increase bottom line results and return profits to the organization, shareholders and employee base to signal healthy business operations and strong leadership. I cannot name one client of mine who is not laser focused on some form of growth or revenue strategy to either sustain or grow their footprint within a given region or industry. In fact, most of my compensation related engagements center on the design and implementation of incentive plans to motivate employees to either capture more revenue or enhance business operations in an effort to optimize business and financial results. In most cases organizations achieve better business results by expanding product offerings, cutting expenses or deepening its expertise in a particular area. I can vouch that the aforementioned measures usually do result in improved fiscal and operational results; however there is one place many decisions makers are overlooking to unlock financial gains and operational efficiencies…..you guessed it, Human Resources.

The idea of employees having an unlimited amount of paid time off (PTO) is a more complicated proposition than it sounds. There’s already a great article on our site that discusses the pros and cons of unlimited PTO plans, and this particular article focuses specifically on the suitability of unlimited PTO plans for certain organizations and types of workers.