TRAIN WRECK! Why Millennials Hate Being Paid by the Hour

Q. What’s the simplest way to pay an employee? A. Wage per hour. Simply multiply the number of hours worked by the agreed upon hourly wage, subtract taxes, and presto –  a paycheck! Hourly compensation has been a staple of the free enterprise system since Rosie fastened her first rivet.  And like they always say,…

Beyond a Paycheck: Motivating an Employee Who Doesn't Need the Money

If you woke up today and discovered that you had won millions in last evening’s lottery drawing, would you still work? Always a great conversation starter, the number of Americans responding ‘yes’ has declined from over 80% in 1955 to 66% in recent years according to Psychology Today. So what happens when there are people…

The Best Way to Retain Employees is to Ask, "What Would Make You Leave?"

Michele Klein, HR Manager for Fidelity Exploration and Production (a large player in the booming oil and gas industry) was doing an exit interview with an engineer who was leaving to take a similar job with a competitor. As her final question, she asked, “If we had known that you were thinking about leaving several…