Upload
blake-miller
View
620
Download
0
Tags:
Embed Size (px)
DESCRIPTION
Compensation and HR Strategies for Entrepreneurs - Speaker: Daren FristoeThink Big Kansas City 2010
Citation preview
Compensation and HR Strategies
March 3, 2010
Daren Fristoe
Over twenty years of professional experience in human resources, training and education, and administration.
Industries also including insurance, e-commerce, engineering, customer service, telecommunications, and international manufacturing.
The Cultural Vacuum
Gen X – Born between 1961 and 1981, blending of baby boomer methodical classroom training and the advent of computers and the Internet.
Gen Y – Born between 1981 and 2001, grown up with computers, iPods, and cell phones. Expectation of quick advancement in the workplace.
The Job
Job Descriptions Position Values
Employee Status – Hourly vs. Salary
The Output
How Many Employees Do I Need?
Permanent / Temporary / Contractor
Staffing Cycles / Tools
Compensation
Total Compensation Model
Base / Base Plus / Base Plus Plus
Bonus Models – Team / Individual
External Surveys / Benchmarking
Targeted Recruiting Tools
Internal Postings / Referral Programs
Advertisements / Employment Agencies
Placement Offices / Job Fairs
Online or Community Postings
Industry Publications / Websites
Retention Tools
Employee Development
Coaching / Counseling
Recognition Programs
Value of Ongoing Communication
The Employment Relationship
Value of Ongoing Communicationo Employee Buy-Ino Idea Generationo Commitment to Continuous Improvemento Increased Sales / Productivity
Summary – HR 101
As the boss, determine who you want working for you, how you are going to find them, how you are going to pay them, and how you are going to keep them.
Engage your employees, empower your employees, communicate with your employees, document your interactions and REPEAT THESE STEPS OFTEN!
Questions?
Contact Daren Fristoe by email [email protected]
or by phone(816) 392-7298
www.thefristoegroup.com