Wells Fargo CEO credits worker-first strategy for turnaround | Facebook values candidates' failures | Wellness coaches may help drive employee participation
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May 2, 2017
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Wells Fargo CEO credits worker-first strategy for turnaround
Wells Fargo CEO credits employee-first strategy for dramatic turnaround
(Frederic J Brown/AFP/Getty Images)
Wells Fargo CEO Tim Sloan says increasing wages and changing employee evaluation have helped the bank right itself after a sales scandal. Ending a practice of paying employees based on products sold has led to the lowest turnover in decades, Sloan says.
Reuters (5/1) 
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Recruiting & Retention
Facebook values candidates' failures
Facebook matches candidate skills to the company's needs, looking at blunders as well as successes, writes Lori Goler, head of people at Facebook. "Tomorrow's technology depends on the imagination of the people we hire today, which demands genuine intellectual curiosity, not just a great GPA," she writes.
Fast Company online (5/1) 
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Leadership & Development
Wellness coaches may help drive employee participation
Benefits experts say using coaches can increase employee participation in and the success of wellness programs. Craft Hayes of Bernard Health says wellness coaches can track and follow up with employees and Lindsey Bush of Gregory & Appel Insurance calls having a coach a "one-size-fits-one" approach to wellness.
Employee Benefit News (4/30) 
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Benefits & Compensation
Consider separating reviews from compensation news
Many companies are moving away from annual reviews, but if you still use them, try to separate them from announcements about money. "Oftentimes if you have a raise or merit discussion immediately following, the person is not focused at all on hearing the feedback," says Cindy Mixon, vice president of HR for MRA, an HR training and research firm.
Milwaukee Journal Sentinel (tiered subscription model) (4/28) 
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The HR Leader
With BMI's CEO, pay attention and don't be cocky
Two pet peeves for Mike O'Neill, CEO of BMI, are when people can't turn off their phones to focus for a meeting and when people assume a title conveys authority. "You have to do more than everybody else to keep that title, and not to be seen as living off somebody else's work," he says.
The New York Times (free-article access for SmartBrief readers) (4/28) 
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