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HR MANAGEMENT
‘Behavioral’ Prescription: Q&A With Michael Holmes of Express Scripts
In his current role at pharmacy benefits manager Express Scripts, Michael Holmes has been able to apply health care savings programs using behavioral economics to its own workforce before rolling them out to clients. Holmes spoke to writer Jessica Marquez about how companies can apply behavioral economics, which looks at the psychological factors of economic decisions, to reduce health care costs and what he hopes to see come out of Congress.
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In the News |
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DOWN IS THE NEW UP
Wall Street’s Job Losses Looking Smaller Than Feared
November 20, 2009 7:05 AM PT
A rebound on Wall Street—where every job creates two more across New York City’s five boroughs—may result in smaller-than-forecast job losses throughout the city. Some 47,000 securities jobs were predicted to disappear during the recession, but a rapid improvement in the industry means losses ‘are unlikely to exceed 35,000.’
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NEW RULES PLANNED
Labor Department Kills Bush Administration Investment Advice Rule
November 20, 2009 8:00 AM PT
The Labor Department has killed a Bush administration rule that would have cleared the way for mutual fund companies to offer direct one-on-one investment advice through their affiliates to defined-contribution plan participants.
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The Business of Management
Workforce Management editor John Hollon analyzes and comments on business, management and the art of leading a workforce.
Featured Blog:
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WHITE PAPER: Best Practices in Succession Planning
Not having the right talent in place is often a growth-limiting factor in achieving business potential. Today it's not just succession to the top—it’s getting the right person in place for every job you have! Download our Best Practices in Succession Planning white paper now for fresh insight and in-depth commentary focused on long-term sustainability for any organization.
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 | |  | | HR Strategies for Post-Recession Success
Wednesday, December 9 Beginning at 10 a.m. EST / 7:00 a.m. PST This webcast is complimentary for Workforce.com members
Don't miss this exclusive online conference dedicated to HR strategies for post-recession success.
With no cost to you and no travel required, you'll hear from a host of industry leaders from your desktop.
Featured keynote address: Keeping Up in a Down Economy By Bob Nelson, PhD, best-selling author and president, Nelson Motivation, Inc.
Other topics include: • Employee Engagement • Workforce Planning • Compensation • Benefits Planning & Designing • Rewards & Recognition • Technology Needs & Integration • Recruiting • Training & Development
You'll also meet the top HR vendors in our online conference hall and have the opportunity to network with other HR professionals through our networking lounge and online show environment.
Don't miss it! Register now!
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Tools and Resources
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During these days of economic anxiety, employees at insurance firm BlueCross BlueShield of Tennessee may be a bit calmer than the average American worker, thanks to a stress-reduction program launched four years ago.
BusinessLink.gov offers suggestions on how to lead and motivate employees. It covers subjects that may be especially useful in this time of economic uncertainty.
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| Research Center Topic Index |
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Complete archive of features and news articles, assessments, surveys,
worksheets, sample documents and links to additional resources.
Membership registration is required to view
complete article text.
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| Life in Workforce Management Forum |
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Recent Post
Complaints About the Top Execs
A member writes: "How do you handle/what do you tell employees who complain about the owners/CEO of the company? The complaints seem to be management style/personality based, nothing illegal. I feel like it is not something I can address with the execs. It is their company, they can manage how they would like, as long as they are not doing anything discriminatory. It has not caused any turnover, morale is usually pretty good, but once in a while, someone goes on a rant and I get complaints. How do I convey to employees that I am powerless to change their management style without it seeming like we just do not care?"
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Other Topic Forums
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Benefits & Compensation
General Forum
Legal Forum
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Training & Organizational Development
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| Dear Workforce |
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A question-and-answer newsletter addressing some of the most common and most
obscure HR. Ask a
question about whatever's important to you—whether it's HR, recruiting,
benefits, compensation or training. |
Start by having a confab with the head of your company about this assignment. It's critical that you obtain his unwavering support for this challenge.
Learn as much as possible beforehand about the region by talking to natives, local leaders and others. If possible, it would be a good idea to visit the region and get a feel for local customs and characteristics.
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Special Report
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As large employers hold off on making HR outsourcing deals, the middle market could be positioned for strong growth in 2008. But several obstacles, including the rise of ‘software as a service’ and a lack of data on cost savings for medium-size employers, may stand in vendors’ way.
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