Quantifying New Hire Quality

In my experience, the recruiting metrics most companies use to determine (or estimate) the quality of their hires evaluate efficiency rather than quality or effectiveness. Metrics related to the transactional elements of hiring, such as “time-to-fill” and “cost-per-hire” only speak to the efficiency of…

5 Giant Myths of Retirement Planning

Some myths become legend, and once they reach that level of status, it’s tough to shake them from their perch. The world of retirement planning is no different. These are five myths that still exist in retirement planning: 1. Don’t touch the principal — live off…

The True Cost of Employee Turnover

By:  Tom Myette, Small Business Consultant at Opinicus Capital While there are a multitude of reasons that an employee leaves an organization, especially in the current work environment, there are some fundamental, inevitable costs associated with turnover.  In the world of strategic human capital…

Beware Leaving a Roth for Heirs

Leaving money to children or other heirs through a Roth individual retirement account may sound like a great idea—the funds essentially can grow tax-free over your lifetime and theirs. But before you rush to convert all or part of a traditional retirement account to…