Five Signs It's Time to Hire
Beyond an intuitive sense that your teams need additional support, see how an employer can tell when it's time to hire.
The folks at AOL surely love a challenge. Two years in, CEO Tim Armstrong is still scrambling to revive the flagging Web portal, and most recently announced a reorganization merging the company's dial-up Internet access business with its Web services. The new AOL services group will be one of four divisions in the company, the others being advertising, local services and the Huffington Post media group, according to Bloomberg. Details are to be released today.
At its "global operating meeting" going on this week, Armstrong reportedly handed out $10,000 to each of about 150 AOL staffers attending. (Business Insider calls them "execs." After many layoffs, the company reportedly has a head count of about 4,000 worldwide.)
Apple handed out more lavish retention bonuses to its top execs after Steve Jobs' death, and Google last year gave all its employees $1,000 bonuses and raises of 10 percent.
Employers have been working hard to build back their businesses over the last year. This holiday season, they're planning to reward their biggest asset - their people - with a few holiday perks, such as bonuses, parties and gifts.
Among its findings:
In a piece at TLNT on building long-term employee engagement, staffing Tim Sackett concedes that financial incentives are not sustainable long term, but he also calls the idea that they have little impact on employee engagement "one of HR's biggest lies."