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HR features:

Progressive Discipline

 

The following is the first in a three-part series about Progressive Discipline. The first part deals with the establishment of a written policy and exploring the various ways to communicate the policy. Next month, we will explore the common progression of a disciplinary process and the following month we will conclude the series with a discussion regarding effective ways of deviating from the policy, why documentation is important and how employment-at-will factors into progressive discipline.

Establishing Administration of Discipline through Written Policies

Maintaining order and maximizing performance are critical elements in the management of an employee population. How one goes about maintaining order defines the company, its culture, and its leadership team. Just as a parent disciplines a child, a supervisor must call into question unacceptable behavior demonstrated by his or her direct reports. Parents attempt to curb the bad behavior of their child before it becomes engrained. They use a number of techniques from talking to the child, scolding them, sending them to their room, or even grounding them when the behavior is bad enough. It’s not likely that your employees have a room at the office to send them to when they are misbehaving, but you will notice that the parent in the example above is using something called progressive discipline. In this article, we will be discussing progressive discipline in some detail.

Full Article

 

article:

Taking Stock:
Distribution of Company Stock

 

Many employees of publicly held companies hold company stock inside their 401(k) plan and in  many cases this stock comprises the largest holding inside their 401(k) account. For many, the company stock could well be one of the best performing investments over the long term, but for others the threat of an Enron-esque debacle looms large. Diversifying your 401(k) investments is always sound financial advice. If you plan on retiring soon and your 401(k) nest egg contains large chunks of company stock, what exactly are the best options for you?  

 

By Colin T. Kelly
Investment Consultant

Blue Prairie Group, L.L.C.
 

Full Article

 

Lunch & Learn:

Fiduciary Education

 

Thursday June 29, 2006

11:30 a.m. to 1 p.m.

Pereddies

447 Washington Square

Holland, MI 49423

 

Please click here to register.


Additional Articles:

Company Efforts Positively Impact Employees' 401(k) Saving Habits

Largest U.S. Companies Continue Shift to 401(k) Plans

Complying With Employment Laws is Biggest Challenge for HR Managers

U.S. Companies Can't Afford to Provide Pensions

Asset Allocation Issues in Lifecycle Fund Selection and Design

ERISA Fiduciary Issues for Plan Sponsors

404(c) Not Exclusive Means to Satisfy Fiduciary Duty

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