What does the glass ceiling cost you?
Article Abstract:
Surveys indicate that gender bias and sexual harassment would most probably lead to annual post-tax losses of $22 million to a company with at least 27,000 employees. This figure translates to 1% of total operating expenses. Despite the unnecessary cost, such practices persist in the workplace. The white male model continues to be the basis of executives in hiring and promoting employees because this model fits their own self-image. Furthermore, members of the recruiting staff who do not fit the white male model tend to favor applicants who conform to the model because they fear being accused of bias towards their own gender and race. Gender bias, which may be unintentional, is also perpetrated by the pervading societal attitude. Eliminating discrimination in employment, a major factor why only a few deserving women are in top positions, promises benefits to the company as it allows a different perspective to be heard in corporate management.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1992
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The chemical dependency care package
Article Abstract:
Successful corporate chemical dependency (CD) care programs are those that provide employees with continuous support throughout the duration of the CD syndrome. An average of 10% of the employees in any given organization use drugs in the workplace, which results in such problems as increased absenteeism, turnover, and inefficiency. However, only 10% to 15% of all chemically dependent employees receive treatment. It is estimated that 75% to 80% of chemically dependent employees who enter a treatment program can abstain from drug use for at least one year. Firms wishing to implement a CD program should begin by developing a drug policy that includes an explanation of the types of testing the firm will use. The way in which employers can ensure that employees will recover include providing a peer support group, reintegrating employees into the work force, and offering an employee assistance plan.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1991
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Self-insurance cuts health care costs
Article Abstract:
Companies keen on controlling escalating health care costs are turning to self-insurance. As a cost-effective strategy, self-insurance facilitates a more efficient management of administrative costs by keeping money within the organization rather than turning it over to the insurance carrier. This allows management to establish an investment account from which money can be obtained for claims when necessary. Large companies will have no major problems with self-funding. Smaller businesses, however, may not be in the position to absorb too much risk and as such can opt to purchase reinsurance, either as aggregate stop-loss or specific stop loss packages. Aside from reduced administration costs, organizations benefit from self-insurance through the control of provided benefits, wider accessibility of information, regulatory exemption, and possible discounts from health care providers.
Publication Name: Personnel Journal
Subject: Human resources and labor relations
ISSN: 0031-5745
Year: 1992
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