Employee Industry News: September 2016

September 23, 2016 Perks WW Employee Experts

Wells Fargo and The Slippery Slope of Sales Incentives
Harvard Business Review
“In early September Wells Fargo agreed to pay a $185 million fine and return $5 million in fees wrongly charged to customers. The settlement stems from the bank’s employees allegedly opening more than 2 million bank and credit card accounts without customers’ permission.” Read the article.


AT&T’s Talent Overhaul
Harvard Business Review
“AT&T employs about 280,000 people, most of whom got their education and foundational job training in a different era. The average tenure at the company is 12 years—22 years if you don’t count people working in call centers. But rather than hiring new talent wholesale, AT&T has chosen to rapidly retrain its current employees while striving to engender a culture of perpetual learning.” Read the article.


Talent Beyond Boundaries
This is not a new item, but it’s definitely newsworthy. This organization was featured on NPR during a discussion about the global refugee crisis. According to the report there are 65 million displaced people in the world today. Talent Beyond Boundaries hopes to fill local workforce skills gaps with qualified refugee candidates. Interesting, huh? Visit Talent Beyond Boundaries’ website.


10 Family Policy Differences Between Clinton and Trump
Employee Benefit News
“See how Trump’s ideas compare to the policies of Democratic nominee Hillary Clinton.” View the slideshow.


FLSA Overtime Rule Resources
SHRM.org shares the 411 on the U.S. Department of Labor’s new overtime rules that is set to take effect on December 1, 2016. View the resources.


21 States Sue to Block Labor Departments’ Overtime Rule
Texas, Oklahoma and 19 other states have sued the federal government to block the Labor Department’s new overtime rule, saying the Obama administration is trying to impose heavy costs and its own policy choices on the states in violation of the Tenth Amendment.” Read the article.

About the Author

Perks WW Employee Experts

Engaging employees of various backgrounds, interests, and generations may seem next to impossible. As an employer you want to reward your workers on an individual and meaningful level for reaching business goals, but may not have the time or knowledge to do so. If your organization is suffering in the areas of: retention, attracting new talent, low satisfaction, or safety issues among others, consider partnering with Perks. By pairing our Science of Motivation™ methodology with your unique business needs, our incentive programs have a proven track record of strengthening all areas of employee engagement, most importantly: productivity and ROI. Our programs provide unique employee engagement solutions by rewarding workers based on performance. Whether rewarding an employee for going above and beyond, referring new talent, or taking the necessary steps to prevent workplace accidents, Perks will work with you to design the ultimate incentive program to meet your needs.

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