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Posts by melissapfiala

The four principles of effective time management

The four principles of effective time management

By on Nov 16, 2017 in Blog, Performance Management | 0 comments

With the end of the year rapidly approaching, many managers are under plenty of stress trying to complete multiple tasks in the next month.  Here are four principles of effective time management to help you achieve more with less stress. 1. Important Items versus Urgent Items Many managers spend their workday in a frenzy of activity, but achieve very little.  To make the most of your time, ensure that your understanding of what’s important is not clouded by your sense of urgency. Important items are the proactive or progress tasks that will move you closer to your goals and objectives, help you reach a position fundamentally better than the one you are in now, and have a direct impact on moving the business forward. Urgent items are the reactive and maintenance tasks that do not support your goals and objectives, but still must be completed, occur as a result of everyday interruptions, and leave you in the same position as you were before. 2. When are you most effective? Knowing when you are at your best and planning to use that time of day for your priorities is effective time management.  Whenever possible, tackle important work or activities when you are most alert and energetic because they will seem easier and you will accomplish them faster.  Be sure to schedule less demanding tasks when your energy levels are decreasing. 3. Remain Flexible Avoid scheduling each day to the extent that it is impossible to stay on track.  Consider that interruptions are bound to happen and projects may take longer than anticipated. To allow for the unexpected, leave some open time in your daily plan.  A good rule of thumb is to leave approximately 40% of your day unplanned because certain days of the week can be more hectic and require more time.  Leaving part of your day unplanned can also help ensure that you have time to work on the important tasks that will move you toward your goals. 4. Planning Time Underestimating the time needed to accomplish a task is not uncommon.  To give yourself sufficient time to do things properly, reduce stress, and promote productivity be sure to: Schedule about 10-20% more time than you think the task...

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Time and stress management

Time and stress management

By on Nov 14, 2017 in Blog, Communication, Performance Management | 0 comments

In today’s increasingly busy workplace, many managers find themselves working longer hours in an attempt to meet the demands and pressures of their position.  This has left many managers feeling stressed and overwhelmed. Do you ever feel stressed and frustrated because of: Missed deadlines and commitments? Forgotten details and lost paperwork? Projects not running as planned? Not having enough time for family and friends? Having too much to do in too little time? If you answered yes to even one these questions, you are not alone.  A major cause of stress among managers is the feeling that there are not enough hours in the day to accomplish everything they need or want to do. Some managers say they choose to work in their free time because it is the only way they can: Have time to focus on important projects. Work without interruptions and distractions. Ensure that important tasks and projects get done. Reduce stress and anxiety during other periods of the week. However, the secret to accomplishing more with less stress isn’t in working more hours – it’s in working smarter.  A key difference between effective and ineffective managers is how they use the hours they have. Time management has long been recognized as one of the keys to ensuring higher productivity and reducing stress by using your time most effectively.  Time management is the personal management of tasks, behaviors, and activities. To ensure effective management of time you must: Work toward professional and personal goals each day. Focus on the important rather than the urgent. Use your most productive time wisely. Allocate sufficient time for the completion of tasks and projects. Take time to plan and prioritize when scheduling your day. Eliminate behaviors that waste time. If you need help improving your workforce strategy, contact us and check out our blog for more helpful...

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CEO pay ratio reporting for 2018

CEO pay ratio reporting for 2018

By on Nov 7, 2017 in Blog, Compliance | 0 comments

Starting in January 2018, public employers must disclose the ratio of CEO pay to median employee pay to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Near the end of September, the U.S. Securities and Exchange Commission [SEC] published interpretive guidance in the Federal Register explaining the flexibility employers have when implementing CEO pay ratio reporting.  Remember that public employers must begin reporting the ratio of CEO pay to median employee pay in their 2018 proxy statements. The SEC provided the guidance, which can be found here, in an effort to address the unexpected challenges companies have been facing as they prepare to comply with the pay ratio rule.  In general, the new guidance eases compliance and allows companies to use readily available information to produce the disclosures. In particular, the new guidance: Clarifies the use of reasonable estimates, assumptions, and methodologies, and statistical sampling permitted by the rule. Clarifies that a company may use appropriate existing internal records, such as tax statements or payroll documents, to identify and calculate the median employee’s annual total compensation. Clarifies that appropriate interval records can also be used to determine if the company must include non-U.S. workers in pay ratio calculations.  However, the SEC allows companies to exclude non-U.S. employees if they account for 5 percent or less of the company’s total workforce. Provides additional guidelines on determining whether its workers are employees for purposes of the rule, allowing employers to exclude independent contractors from pay ratio calculations. The additional guidance also includes examples which illustrate how reasonable estimates may be used in finding the pay ratio.  Finally, we encourage public employers to do their due diligence and document all assumptions and methodologies when computing the ratio to reduce the risk of an SEC enforcement action. If you need help with CEO reporting, other compliance issues, or designing executive compensation plans, contact us and check out our blog for more helpful...

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Come see Organizational Architecture present at 2017 Columbus Accounting Show

Come see Organizational Architecture present at 2017 Columbus Accounting Show

By on Nov 2, 2017 in Blog, Presentations and Conferences | 0 comments

Come see Organizational Architecture present at The OSCPA Columbus Accounting Show on Thursday, November 9th, as we cover the topic Finding and Keeping the Right People During Times of Transition during our session. Afterwards, meet us and learn more about our organizational design and human resources consulting services. Watch for more events OA will be presenting at on our blog, as well as Facebook, LinkedIn,...

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Preparing for the 2017 holidays

Preparing for the 2017 holidays

By on Oct 31, 2017 in Blog, Communication | 0 comments

Happy Halloween! It is hard to believe we are already at the end of October and beginning the 2017 holiday season. Rather than list out the various holidays celebrated by different people throughout these two months, we wanted to provide some general reminders to help you plan your holiday season.   We encourage you to ensure that you are being fair and consistent when granting time off or flexible schedules and inclusive if you decide to have holiday themed office celebrations. If you have not already done so, prepare and post holiday schedules now.  Include the dates you will be open for business and the ones you will be closed. If the holidays fall on weekends, address whether you plan to close the day before or the day after the holiday.  If so, make sure you let people know by sending out a company notice with the posting. Some industries, such as medical or retail, may have normal hours and scheduling or even longer hours.  Make sure people are aware of this.  It is completely appropriate to state that you have certain ‘blackout’ periods in which no time off may be granted due to business needs. Keep in mind that there are several religious and other holidays throughout this period, some of which may be unfamiliar to you.  Remember to treat people fairly, even if it is a holiday that you do not know. Check your employee handbook to remind yourself of holiday policies, such as who eligible for holiday time off and holiday pay.  Make sure you understand how holiday pay is calculated and explain it to those employees who will be receiving holiday pay. Do you need assistance with your workforce strategy or other Human Resources consulting needs? Contact us and check out our blog for more helpful...

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