Savannah Engineering,
Inspection and Insurance
Company (SEIIC)
Human Resources Management
(HRM) Update
Areas of Interest
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Our Current Business Environment
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Trends in Recruiting & Staffing
Trends in HR Development
Trends in Compensation & Benefits
Trends in International HRM
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Recommendations
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Business Trends
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Economic crisis
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Loss of customers
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Limited credit resources
Manufacturing and transportation
Increased health coverage expenses
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Increased premiums
Political & Social Trends
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Increased demand for technical workers
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Increased cost of education
US educated students returning to native
countries
Increase in government recruiting
Retirement of ‘baby boomers’
Mortgage Crisis
Domestic partnerships
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Inclusion in benefit coverage and protection
against harassment
Recruiting & Staffing Trends
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Online recruiting and screening
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Instant access
True global recruiting
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University recruiting programs
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Internship programs
Training & Development
Trends
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eLearning
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Performance consultants
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Custom Training
Performance Management
(PM) Trends
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Online PM systems
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Year round review
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Goal management
Compensation Trends
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Pay for performance
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Total compensation
Benefit Trends
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Online benefit systems
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Access to coverage information 24/7
Mail order prescription programs
Alternative health options
Health savings plans
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Alternative to traditional HMO plans
International HRM Trends
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Local representation
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Increased competition for talent and
resources
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Global training initiatives
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Global labor relations
Recommendations
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Recruiting & Staffing
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Develop college recruitment program
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Local universities and online programs
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Utilize online social networking
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www.aftercollege.com
MySpace
Facebook
Internships
Recommendations
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Training & Development
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eLearning
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Globally available
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Easily adaptable by culture and/or region
User controlled learning
Cost effective
Educational Assistance
Recommendations
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Performance Management (PM)
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Online PM system
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Performance Pro
(http://www.hrnonline.com/per_about.asp)
VURV Performance Management Tool
(http://www.taleo.com/)
Year round performance management
Recommendations
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Compensation
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Complete Compensation Survey
Merit Increase System
Recommendations
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Benefits
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Close review of health coverage options
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Coverage options
Online access
Health Savings Plans (HSA)
Recommendations
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Benefits (continued)
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Employee Assistance Programs (EPA)
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Provide additional assistance for work/life balance
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Emotional distress
Substance abuse
Financial or legal concerns
Family/personal relationship issues
Work relationship issues
Recommendations
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International HRM
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Global HRIS system
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Performance Management
Compensation Plan
Policies and Procedures
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Adjustments will be needed for regional exceptions
View of global training materials and systems
References:
Arce, Rose and Elise Zeigler. 2008, October 10. “Connecticut Supreme Court Legalizes Same-Sex Marriage”.
Retrieved from the CNN website on October 10, 2008.
http://www.cnn.com/2008/US/10/10/connecticut.gay.marriage/
Career Builder. N.d. “Trends in Engineering”. Retrieved from the Career Builder site on October 16, 2008.
http://www.careerbuilder.com/jobposter/smallbusiness/article.aspx?articleid=ATL_0232ENGINEERING&cbRecursionCnt=1&cbsid=25e9a35eecee434695d618b
e85b27972-277481465-JF-5&ns_siteid=ns_us_g_engineering_trends
College Board. 2007. “Trends in College Pricing. Retrieved from the College Board website on October 16, 2008.
http://www.collegeboard.com/prod_downloads/about/news_info/trends/trends_pricing_07.pdf
Global Trends in Human Resources Management. 2008, October 13. “Human Resource Management: A Net Cast
Wide! - Recruitment & Retention.”. Retrieved from the How to Manage Human Resources website on November
10, 2008. http://www.howtomanagehumanresources.blogspot.com/2008/10/human-resource-management-netcast-wide.html
International EAP Association. N.d. “About Employee Assistance”. Retrieved from the Employee Assistance
Professionals Association website on October 10, 2008.
http://www.eapassn.org/public/pages/index.cfm?pageid=869
References:
Jobs News Wire. 2008, June 10. “Employment 'increases in the public sector'”. Retrieved from the Jobs News Wire
website on October 16, 2008. http://www.jobsnewswire.com/article/employment-increases-in-the-public-sectorid18812079.html
Michael, George. n.d. “Trends in Performance Management for Mid-Market Enterprise”. Retrieved from the CCH
KnowledgePoint website on October 21, 2008. http://www.vurvexpress.com/piw/press/trends.pdf
National Coalition on Healthcare. N.d. “Facts about Healthcare”. Retrieved from the NCHC website on October 10,
2008. http://www.nchc.org/facts/cost.shtml
Polson, Reg. 2007. “Trend in Training”. Retrieved from the Trainers Direct website on October 21, 2008.
http://www.trainersdirect.com/resources/articles/Polson/TrendsinTrng.htm
Purdue University- Calumet. 2007, February 16. “U.S. Demand for Engineering Graduates Intensifies”. Retrieved
from the Purdue University Calumet website on October 16, 2008.
http://engineering.calumet.purdue.edu/engineering/engineering/blooming_engineering_job_market_27_58.html
Riley, Sheila. 2008, March 14. “U.S. engineering gap: number of degrees declining”. Retrieved from the EE Times
website on October 16, 2008. http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=206903802
Vocino, Joe. 2004, November. “Worth Every Penny: Compensation Trends for Compensation Experts, Recruiters and
Trainers Reflect Those Specialties' Growing Importance”. Retrieved from the Find Articles website on October 31,
2008. http://findarticles.com/p/articles/mi_m3495/is_11_49/ai_n6359692
References:
WISE (Washington Internships for Students of Engineering). N.d. “About WISE”. Retrieved from the WISE website on
October 17, 2008. http://www.wise-intern.org/
World at Work. 2008, October 1. “WorldatWork Survey: Balancing Consistency with Localization Key to Compensating
a Globally Dispersed Workforce “. Retrieved from the HR Marketer website on November 10, 2008.
http://www.hrmarketer.com/~blog/2008/10/worldatwork-survey-balancing.html