Search Results for: retention

How Big (or Small) Are 2007 Pay Increases?

Despite a generally healthy economy, pay increases are backpedaling. What’s taking their place as motivation? Can you say, “variable pay”? The talent war may be raging, but the big guns that often win recruitment, retention, and worker motivation – significantly larger paychecks – have yet to be brought into the action. That was the key […]

Be Your Company’s ‘Other CEO’ (Chief Ethics Officer)

Research shows that good business ethics pay off financially as well as legally. Here’s how to promote “doing the right thing” in your organization. Enron’s Jeffrey Skilling. Worldcom’s Bernie Ebbers. Tyco’s Dennis Kozlowski. Their antics cost stockholders a fortune, robbed employees of their livelihood, and resulted in all of them facing long prison terms. But […]

Study Shows Informally Managed Companies Make More Money, Cut Turnover

Let employees steer their own ship, and run the place like a family, and revenue, profit growth and turnover ALL may improve … in double-digits, says a new study Some employers might think the keys to getting maximum results from a business enterprise are tightly managed employee procedures, a “strictly business” atmosphere, and employees chosen primarily […]

Employment Law Tip: 10 Strategies to Limit Turnover

If employee turnover rates at your organization are high, it’s probably time to focus on what you can do to increase employee retention. Why? Frequent turnover can have a host of negative consequences for your company, including lost productivity, costs associated with hiring a new employee, the cost of temporary employees or overtime to cover […]

3 Formulas for Better Training

To train better and to get more funding for training, do it “by the numbers.” These days, business is increasingly ruled by numbers. But there are some things that can’t be quantified, right? Like how the human mind can be affected by training. Not so, says training industry leader Bob Pike, speaking to a meeting […]

The 7 Hidden Reasons Your Employees Leave You

Nearly 90% of bosses think their employees quit to make more money. That means nearly 90% of bosses are wrong. Studies show these are the seven “real” reasons that retention isn’t better: Ask HR people their top issue these days, and it’s likely to be retention. That’s no surprise. The cost in dollars and disruption […]

A Gem of a Program to Train Supervisors on HR!

Daily Advisor discovers a “hidden treasure” in the BLR vaults to make key HR issues understandable to supervisors and non-HR managers Occasionally a Daily Advisor article on a specific topic will spark a more general question from our readers. That happened recently as a result of the piece we did on entry-level hiring and retention. […]

Job Descriptions: They Can Do More Than One Job!

By Scott Delman Use job descriptions to tell workers their specific activities … but also their part in improving the company’s reputation. Take an objective look at your job descriptions and hiring practices. Ask yourself if they are in line with obtaining workers who will bring you to that elusive “level of performance” you’ve often […]

Human Resource Metrics: Connecting Human Resource Management with Organizational Performance and the Bottom Line

Executive Summary Human resource metrics are a must for every HR department Human resource management must align human resource metrics with the business metrics of their organization Human resource metrics should focus on results, not activities Human resource metrics have become a requirement for every modern HR department to show the organizational value of money […]