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IN THIS ISSUE
Newsletter Sponsors
A Note from the Editor
Breaking News
Today's Recruiting News Headlines
Featured Recruiting Jobs
Recent Recruiting Blog Headlines
Weekly Article:
Employee’s costly mistake may be owners fault, too
Employment and
Economy Stats
Special Trials and Discounts
Employment Studies and Trends
Upcoming Conferences
Site Of The Week:
Learn how to Recruit Smarter >>
Final Note - On The Lighter Side
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A Note From The Editor
Learn how to Recruit Smarter >>
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Useful
Links
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Breaking News
The Conference Board Help-Wanted Online Data Series™
Reaches New High in March
New online job ads rose sharply in March, reaching
2,401,200, according to The Conference Board Help-Wanted
OnLine Data Series™. The March level was 414,600, or 21
percent above the previous month and followed a small
decline in February.
Complete Story >>
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Today's Recruiting News Headlines
View more HR/employment
news
headlines at our Recruiting
Newswire.
Please send us your press releases.
Click
here for submission instructions.
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Featured Recruiting
Jobs
This section highlights
several recruiting related positions recently posted on
Recruiting Jobs. To view all jobs or to register
for a career agent
click here.
Looking to hire
recruiting professionals? Post a 60 day job
posting ad on RecruitingJobs.com for $225 and be
featured in The Recruiting News.
Register
to post >>
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Recent Recruiting Blog Headlines
India
is now outsourcing? Go figure...
India reaped new fortunes in its recent rise as an
outsourcing powerhouse. But now India hears footsteps:
China, the Philippines, Hungary, the...
4/18/2006 11:50:32 AM [Jim Stroud 2.0 - I recruit,
therefore I am.]
Recruitment Blogs & Podcasts
David Bowen, who writes a weekly column on websites for
the Financial Times, wrote in his April 6 column about
the use of blogs and podcasts in...
4/18/2006 5:10:48 PM [Resourcing Strategies]
All
Recruiting/HR Blog Headlines >>
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Weekly Article
Employee’s costly mistake may be owners fault, too
Ask Joan Lloyd
Dear Joan:
I am a business owner who has had an employee work for
me for approximately three years. She is a very well
trained employee at that. She made a MAJOR mistake in
one of our business dealings, in which she had to redo
the whole job over, costing us literally thousands of
dollars.
How
do I handle the discipline of this person? She was in
charge of this job from beginning to end and stated she
could handle it. Now she has to do the job all over
again, which will take approximately two weeks and
expects to be paid the same salary for doing it the
first time.
She does not feel the bite that the company has felt and
doesn't seem to really worry about the fact that she
lost the company money. She is a good employee and I
want to keep her but this was a major mistake. I am
thinking I should have her pay for her mistake by fixing
it for free (off the clock) My question is - is that
asking too much? I already paid her once. I think she
should pay for it out of her own pocket. Next time she
will be more careful and probably not make the same
mistake again. Please advise.
Answer:
You do need to impress upon this employee the
seriousness of the mistake—especially since she doesn’t
seem to realize the magnitude of the error. However, I
doubt if punishing her in this way will achieve the
result you want.
As an owner you are acutely aware of every rise and fall
in revenue. You invest your own money and sweat equity
to build your business one, customer at a time. You have
your own skin in the game, so a mistake like this is
painful.
Your employees don’t share your pain. They have a job,
not a business. Whether you make a profit or not is
usually not part of an employee’s major focus, as long
as they get paid on time. That’s not necessarily
self-centered; it is just the nature of the arrangement.
You take personal risk by being an owner and therefore,
you reap bigger rewards and take bigger personal risks
if things fail.
For example, if you make a bigger profit on a job than
you anticipated do you also give the employee a bump in
pay for that job? If you are sued for something, do you
pass the hat and ask employees to help you cover the
cost?
Now before I hear a howl of protest from all the
excellent employees out there...I need to say that there
are many employees who are committed and focused on
helping the company make money and grow, but let’s be
realistic—it all ties back to making sure the company
grows so they can grow with it. The bottom line is that
if the company fails, they simply leave and find another
job. If the business fails for you, it’s financially and
emotionally devastating.
You may not like to here it but this mistake may also be
partly your fault. If this was such a costly piece of
work, why weren’t you monitoring it more closely? Did
you delegate it without any oversight? In the future you
may want to meet one-on-one with your employees on a
regular basis, to hear progress reports and do some
coaching.
Making her correct the mistake without paying her will
backfire. In fact, you mention that she would be “off
the clock” so I assume she is hourly. It isn’t legal to
expect an hourly employee to work (straight time or
overtime) without paying him or her. If you don’t want
her to leave, or get tangled in a legal disagreement,
I’d recommend a different approach.
Sit her down and explain how much this mistake has cost,
both in direct and indirect costs. Paint a clear picture
about the impact that has on the business. (Often,
employees think the business makes much more money than
it actually does. They see customer invoices and naively
assume a lot of that income goes directly in the pocket
of the owner, rather than to taxes, insurance, rent,
employee benefits, etc.)
In fact, this may be a wake up call to you to be more
proactive about regular communication to all employees
about your company’s financial performance. Often, when
owners share the real costs of running the business,
employees are surprised—and much more cognizant about
managing costs and avoiding mistakes. If you are
reluctant to share actual dollars, then use percentages.
Complete Article >>
About Author
Joan Lloyd
has a solid track record of excellent results. Her
firm, Joan Lloyd & Associates, specializes in leadership
development, organizational change and teambuilding.
This includes executive coaching, 360-degree feedback
processes, customized leadership training, conflict
resolution between teams or individuals, internal
consulting skills training for HR professionals and
retreat facilitation. Clients report results such as:
behavior change in leaders, improved team performance
and a more committed workforce.
Joan Lloyd has
earned her C.S.P. (certified speaking professional)
designation from the National Speakers Association and
speaks to
corporate audiences, as well as trade & professional
associations across the country. Reach her at (800)
348-1944,
mailto:info@joanlloyd.com, or
www.JoanLloyd.com
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Employment and Economy Stats
|
Current Stats
Unemployment Rate:
4.7% in Mar 2006
Payroll Employment:
+211,000(p) in Mar 2006
Average Hourly Earnings:
+$0.03(p) in Mar 2006
CPI:
+0.4% in Mar 2006
ECI:
+0.8% in 4th Qtr of 2005
Productivity:
-0.5% in 4th Qtr of 2005
Source:
BLS.gov
(p) = projected |
Trends Unemployment Rate
4.7% in Mar 2006
4.8% in Feb 2006
4.7% in Jan 2006
4.9% in Dec 2005
5.0% in Nov 2005
Employment Cost Index
+0.8% in 4th Qtr of 2005
+0.8% in 3rd Qtr of 2005
+0.7% in 2nd Qtr of 2005
+0.7% in 1st Qtr of 2005
Change in Payroll Employment
+211,000 in Mar 2006
+243,000 in Feb 2006
+193,000 in Jan 2006
+108,000 in Dec 2005
Source:
BLS.gov |
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Employment Studies
and Trends
CEO Confidence Edges Up, The Conference Board Reports
CEOs’ assessment of current business conditions
improved, but they are less optimistic about the next
six months.
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Upcoming Seminars &
Conferences
May 10 -
Kennedy Information's Recruiting 2006 Conference and Expo
May 30 -
Annual National Meeting and Exhibition for Recruiters
June 21 -
EREC 2006
Oct 4 -
Human Resource Executive®’s 9th Annual HR Technology® Conference & Expo
Complete calendar for upcoming
conferences and
seminars.
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Site of the Week
Learn how to Recruit Smarter >>
The Recruiter's Guide to Online Job Marketing is an
invaluable resource in your search for qualified
candidates. The Free Guide provides critical insights
into motivating the most qualified candidates to respond
to your job postings.
- Recruit
Smarter--Prepare compelling job descriptions to
target qualified candidates
- Save Time--Increase
the quality of resumes you receive
Download your copy today!
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Final Note - On The
Lighter Side
A Chuckle A Day Keeps the
Doctor Away
Laughter is contagious and not in a bad way. New studies
are reinforcing beliefs that humor is a highly effective
way to reduce stress, lower blood pressure, protect the
heart and other helpful physical effects.
The increased health benefits from laughter are becoming
more apparent as the workers are becoming increasingly
stressed in the workplace.
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