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It is valuable for HR to gain a strong understanding and appreciation for the value of good annual budgeting. In most companies, employee costs constitute the majority of fixed costs and therefore the HR budget contains key and critical elements of the overall company budget.
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Top Stories: Lodging & Gaming
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Avoid 'Profitable Mediocrity' With These Tips
For most lodging companies, 2015 has so far been another year of record RevPAR growth. Even most of those who had budgeted aggressively are finding they are at or close to achieving their numbers. As this period of robust growth has continued for several years now, the conditions are perfect for the insidious spread of what I call "profitable mediocrity
(Hotel News Now) Read the complete article
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Top Stories: Human Resources
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The Real Value of Employee Passion
The anchors and drivers that account for their passion are deeply ingrained in their unique individual personalities. For example, a person who is self-driven is motivated by autonomy, creativity, and clarity on sense of purpose. A person who is motivated when they receive the required support from their organization-is motivated by recognition, meaningful work, and mastery.
(Training) Read the complete article
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