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Nancy's Inc.com Blog

Be sure to check out our Founder & CEO's blog on Inc.com each month, featured in the Women in Business and the Human Resources section.

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An Entrepreneurial Mind = Employee Engagement

Posted by Nancy Saperstone on Mon, Apr 14, 2014 @ 01:36 PM
  
  
  

Untitled

A 2011 Gallup Poll found that 71% of all employees are “not engaged” or are “actively disengaged” with their jobs.  While the survey is a few years old at this point, this is an alarming statistic which likely hasn’t changed significantly.  Disengaged employees are less productive, have decreased motivation and low morale.  They’re also likely to bring others down with them.  In short, they’re not good for business

In contrast, in her Elements of the Entrepreneurs, Heidi Neck of the Babson Entrepreneur Experience Lab, suggests that an entrepreneurial employee within an organization is just the opposite – they are highly engaged and invested in the success of the organization.  For these types of employees, it’s not simply a job for them.  They’re not solely tied to the title and job responsibilities that are listed on their job description.  Entrepreneurs within take responsibility to find better ways to do things and act as change agents.  They are invested in the success of the business.

So, this begs the question, how do I get my employees to think this way?  How do we get them to be entrepreneurs within the organization and invest themselves as if they were owners of the business and to drive the company’s success?  Join us on May 7 for Insight Performance’s Complimentary Seminar and hear Professor Neck address this topic.

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Employee Evaluations Go Beyond Performance Management

Posted by Nancy Saperstone on Thu, Apr 10, 2014 @ 01:01 PM
  
  
  

Employee Evaluations are a vital part of performance management.  But the attitudes and strategies associated with them are changing.  Read Evaluation Evolution in Retail Leader magazine with quotes from Nancy Mobley, CEO, on how employee evaluations can go beyond performance management to contribute to a company's strategic vision.  


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25% of Employees Are Not Using All Eligible Vacation

Posted by Nancy Saperstone on Mon, Apr 07, 2014 @ 08:43 AM
  
  
  

A survey result found that only 25% of employees took all their accrued vacation time last year and 15% took no vacation at all.  To make matters worse, when on vacation, the majority of employees say they still check in with the office and do work while away. Nancy Saperstone addresses this issue on Fox News Boston and discusses ways businesses can encourage their employees to take accrued time.

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Complimentary Seminar - Entrepreneurial Leadership: Leverage Human Resources for Greater Success

Posted by Julie Sears on Thu, Apr 03, 2014 @ 07:18 PM
  
  
  

Entrepreneurial Leadership seminar

Bentley University Conference Center

May 7, 2014 8:00 AM - 10:30 AM

Join Insight Performance for this timely Human Resources seminar. Hear expert guidance on how to leverage your most valuable resource - your people - to remain nimble and innovative while focusing on your core expertise. The most effective small businesses understand the need that HR plays in company growth and success. 

 

You'll hear spirited presentations that address the common and unique concerns of entrepreneurial leadership: entrepreneurial leaders inspire others to embrace extreme uncertainty using a specific methodology.  Hear the best practices of leaders who cultivate entrepreneurs inside their organizations.

  • Learn how to maximize each employee's potential and ensure their career goals align with your company's strategic direction.

  • See how exchanges, defined contribution models and current trends are impacting the employee benefits and HR marketplace.

  • Gain guidance on financial and marketplace trends for 2014 to achieve financial health and wellness.

Keynote Address by Heidi M. Neck, Ph.D. 

Professor of Entrepreneurial Studies, Babson College
Organizations are not entrepreneurial. People are. Compelling research identifying the practice of leaders who cultivate entrepreneurs 

Dave Caruso, Founding Chairman/Managing Director,
Coastal Capital Group, LLC  
2014 Market Trends and Considerations for Financial Wellness

From Insight Performance:
From Benefit Exchanges to HR Trends: What Matters Today
See how exchanges, defined contribution models and current trends are impacting the employee benefits and HR marketplace.


Register for Seminar

If you have any questions about the event or how to register, please contact Julie Mele at 781-381-5100 or jmele@insightperformance.com.
  
We look forward to seeing you at our event on May 7, 2014!

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State Minimum Wage Increases for 2014 - Update Your State Notices

Posted by Nancy Saperstone on Thu, Mar 06, 2014 @ 02:15 PM
  
  
  

Minimum wage increases will affect numerous states across the country in 2014. If a state has a minimum wage that is higher than the federal minimum, employers subject to the state minimum wage law are obligated to pay the higher rate to employees working in that state.  State posting notices must be updated to reflect this change.

States with Changes:

  • Washington

  • Oregon

  • California

  • Arizona

  • Colorado

  • Missouri

  • Montana

  • New York

  • Vermont

  • Rhode Island

  • Connecticut

  • New Jersey

  • Florida

  • Ohio

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Ask Dave - HR Legal Compliance

Posted by Nancy Saperstone on Mon, Mar 03, 2014 @ 10:01 AM
  
  
  

describe the imageQuestion: We have a non-exempt employee who needs time off to express milk.  Do we need to pay the employee during that break? 

Answer:  Employers are not required under the FLSA to compensate nursing mothers for breaks taken for the purpose of expressing milk.  However, where employers already provide compensated breaks, an employee who uses that break time to express milk must be compensated in the same way that other employees are compensated for break time.  In addition, the FLSA's general requirement that the employee must be completely relieved from duty or else the time must be compensated as work time applies.  See WHD Fact Sheet #22, Hours Worked under the FLSA . 

Dave Wilson has spent over two decades litigating wage and hour, employment, real estate, maritime, and general commercial disputes in the state and federal courts of Massachusetts and New Hampshire. Dave spends a significant amount of his time acting as a business partner with his clients, counseling and training them in all areas of employment relations law. Please visit the Hirsch Roberts Weinstein LLP website for more information.

 

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Employee Benefits Programs - 401K Plans

Posted by Nancy Saperstone on Thu, Feb 20, 2014 @ 12:10 PM
  
  
  

Question: What is a 401(k)?

Answer: A 401(k) plan is an employee-funded retirement plan. It operates as a special kind of savings and investment plan established by employers under the federal tax code. Plans allow employees to invest pretax dollars for retirement and defer taxes on earnings.

Question: What are the advantages of a 401(k)?

Answer: Advantages of a 401(k) include:

  • Tax-deferred earnings - employees' don't pay any federal, state, or local income taxes on this money or on the interest earned until the money is withdrawn 

  • Reduction in current gross income

  • Automatic payroll deductions - the money employees put into a 401(k) is automatically deducted out of their paycheck, which makes saving easier 

  • Control over account, employees' contributions to their 401(k) is always 100 percent vested

  • Portability

  • No minimum investments

  • Loan options

  • Matching contributions - the company's contributions to 401(k) are like employees receiving a bonus to help their savings grow steadily

  • Social Security benefits are calculated on salary before 401(k) contributions are deducted, so employees still receive full Social Security benefits

Question: Who is eligible for a 401(k)? 

Answer: To be eligible to participate in a 401(k), an individual must:

  • Be a regular employee (temporary employees, independent contractors, and the like do not qualify)

  • Be at least 21 years old

  • Meet the time-in employment requirement

Question: When is the best time for employees to start contributing to a 401(k) plan?


Answer: The earlier the better! For example, let's look at two people who have just started to contribute 6 percent of their annual salaries to a 401(k). Tom is 45 and Nina is 25. They both earn $20,000 a year. Suppose Tom works another 20 years before he retires, and Nina works another 40 years. When Tom retires, he should have a little over $50,000, but Nina will have more than $260,000! 

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Effective Goal Setting for Performance Management

Posted by Nancy Saperstone on Mon, Feb 10, 2014 @ 12:57 PM
  
  
  

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Effective goal-setting is a strategic process. The steps outlined below will help employees set specific goals appropriate to their background, skills, and aspirations.

  1. Identify long and short-term goals: Long-term goals typically focus on months or years ahead, whereas short-term goals focus on the next few days or weeks, serving as stepping-stones to long-term goals.

  2. Set outcome goals and task goals: Outcome goals aim at a result- for example, to increase production rate by 5 percent. Task goals are tasks that need to be done to achieve outcome goals- for example, organizing the work area to increase output.

  3. Identify what is needed to achieve goals: Make a list of everything that is needed - for example, training, access to resources, and the cooperation of co-workers.

  4. Recognize obstacles: Consider anything that might get in the way of achieving a goal- for example, poor time management, lack of skills, a negative attitude or fear of failure. Determine a way to eliminate these obstacles. 

  5. Write down goals and review them often: Until goals are committed to paper, they're only thoughts. Employees should review their list to remain focused.

  6. Create a plan of action: Formulate a step-by-step action plan for achieving goals. An action plan is essential, especially if the goal is broad or if there are several obstacles to overcome.

  7. Set a date to achieve the goal: Mark it on the calendar and circle it in red. A target date will provide motivation to continue moving steadily toward the goal.

  8. Take action: Follow the plan and deal with problems as they arise. 

  9. Evaluate goals: Set specific dates to monitor progress and modify goals as needed.

  10. Set new goals: Once a goal is achieved, set a new one, and keep going.

Helping employees to set goals is an important way to encourage employee development and success in the workplace. 

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Ask Dave - HR Legal Compliance

Posted by Nancy Saperstone on Mon, Feb 03, 2014 @ 09:52 AM
  
  
  

describe the imageQuestion: I sent a non-exempt employee on an overnight trip. On their return the next day, the employee's plane was delayed and they were stuck on it until 7:00 PM. They normally work 9:00 AM - 5:00 PM, but want to be paid for the extra 2 hours. Do I owe it to them?  

Answer: Not under Federal or Massachusetts law, but yes under New York law. Under federal and Massachusetts law, if an employee is required to travel to a different location other than his/her regular work site and an overnight stay is involved, the employer need only compensate the employee for travel time that falls within the employee's regular working hours. Under New York law, by contrast, all of the travel time would be compensable.

FLSA regulations provide that, where a temporary assignment involves an overnight stay, the travel counts as hours worked where it occurs during the employee's regular workday (on the theory that the employee is substituting travel for other work duties). Travel time that takes place during normal working hours on a day off (such as on Saturday or Sunday) also counts as hours worked. Thus, for example, as the regulations explain, if an employee regularly works from 9:00 AM - 5:00 PM from Monday through Friday, travel time during these hours on Saturday and Sunday (minus usual meal time) counts as hours worked. Though this rule derives from a FLSA regulation, 29 C.F.R. § 785.39, it is expressly incorporated in the Massachusetts regulation. 455 C.M.R. § 2.03(4)(c). 

Dave Wilson has spent over two decades litigating wage and hour, employment, real estate, maritime, and general commercial disputes in the state and federal courts of Massachusetts and New Hampshire. Dave spends a significant amount of his time acting as a business partner with his clients, counseling and training them in all areas of employment relations law. Please visit the Hirsch Roberts Weinstein LLP website for more information.

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Nancy Saperstone Featured on Fox 25 Morning News

Posted by Julie Sears on Fri, Jan 24, 2014 @ 12:09 PM
  
  
  

This morning, Nancy Saperstone, Sr. HR Business Partner at Insight Performance, Inc. was featured on the Fox 25 Morning News where she discussed the results of our third annual HR Business Climate Survey.  The survey, conducted in partnership with the Smaller Business Association of New England (SBANE) consists of respondents primarily in New England businesses ranging in size from 10 to 100 employees, who were asked to consider the business climate for 2014. 

 To view Nancy's interview, please click on the image below. 

 describe the image 

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