Practical HR Tips, News & Advice. Updated Daily.
One of the biggest challenges learning and development (L&D) professionals face is showing management there was a return on their investment (ROI). Sure, good L&D teams can point to concrete and important achievements like fewer accidents and higher scores on employee satisfaction surveys. But at the end of the day, companies are in business to […]
Whether it’s a sports team, a group of laborers, or a work team in a corporate office, the goal of any team leader is to create a cohesive unit that functions as one. Strong leadership can help make this goal a reality. But even the strongest leader will struggle to create cohesiveness if incentives aren’t […]
When most employees were sent home to work remotely in March, little consideration was given to the workspace that would support this new way of work. The main concern at the time was around the technology needs to complete the work. But a workspace is about more than a laptop and a camera for those […]
In “Aligning Employee Training With Company Objectives,” we discussed the importance of aligning employee training with broader business goals and corporate strategy. Training with a focus on company strategy and goals ensures staff are best prepared to carry out that strategy on a tactical, day-to-day level and ensures they are focused on those goals.
When many people think about revenue generation, they often think first about the process of acquiring new sales. And new sales are certainly important. But a huge amount of a company’s revenue–and the most reliable portion–comes from existing customers.
When companies look to hire new employees, there are some baseline credentials that typically must be met: education, certifications, years of experience, experience in certain specific areas, etc. By and large, these credentials can be ascertained from a résumé or online job application.
Often, companies observe that they have difficulty driving new initiatives or long-standing company objectives, missions, or cultures. It seems like the company is going in one direction and the employees—or at least a subset of the employees—are going in another direction or, perhaps, standing still. Frequently, the issue isn’t one of willful disobedience but rather […]
Companies spend considerable amounts of money on training their employees. According to one expert, large companies with 10,000 or more employees spend $13 million per year on employee training on average; companies between 1,000 and 9,999 employees spend $3.7 million per year on average; and small companies with fewer than 1,000 employees spend $290,000.
Internship programs have long been great avenues to benefit both interns and employers. They are a way for an intern to get real-world, on-the-job experience and a way for the employer to give back to the community and get an extra set of hands to help on certain projects on a temporary basis and at […]
It can be hard enough to manage the day-to-day operations of an organization some days, let alone think about growth strategy. Planning for growth involves evaluating current market conditions, analyzing the competitive environment, and strategically allocating and capitalizing on resources. Companies have a lot of resources to consider in this regard: land, machinery, buildings, intellectual […]