Archive for October, 2019

Stock Benefit Plans: A Perk not a Payment

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Stock benefit plans were first popularized during the .com boom of the 1990s. Initially, they offered a way for start-ups to keep salaries low while still offering competitive compensation packages. While a lot has changed since the .com boom, stock benefit plans can be the right call for some organizations. Whether your is a small organization looking to inspire growth or a larger public corporation looking to provide incentive, offering a stock benefit plan may be a way to inspire productivity and help your employees feel more connected to organizational success. A stock benefit plan can be offered in a…

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Psychological Safety: Creating a Safe Space

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The term psychological safety is often thrown around when experts refer to an excelling team or an innovative organization. Creating psychological safety can allow your employees to become more creative, collaborative, and comfortable in their working environment. But what does it mean to have psychological safety, and how can we accomplish this? Psychological safety refers to a shared belief that a space and/or a team is a safe place to take interpersonal risks without fear of judgment or repercussion. This means a member of the team feels safe bringing new ideas to the table, offering feedback, or taking part in…

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Holacracy: Operating System or Workforce?

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In 2014, Zappos became the largest organization to take on the organizational system known as Holacracy, something they call “an operating system for your organization.” Excited to begin this new journey, Zappos began and continues to promote Holacracy and the effects it has had on their organization. Zappos’ website claims that Holacracy gives “every employee (not just management) the power to innovate, make changes, and have a voice.” While Zappos continues to tout the benefits of Holacracy, they have also had record rates of turnover since implementing the new system. In 2014, after the announcement that they would be migrating…

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Ten ‘Must Have’ Benefits

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Benefits are no small consideration for employees.  While 60% say that benefits are the deciding factor in taking a job, 80% say it is a factor in keeping a job. We know benefits are important and to keep employees you need to remain competitive. But what does that look like to the modern worker? What benefits will keep you competitive and attract the best job candidates to your organization? While no benefits package is one-size-fits-all, here are our top ten offerings to keep your benefits package comprehensive and attractive. Improved health, dental, and vision insurance. Perhaps the most obvious and…

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