In times of low unemployment, employers are especially wary of losing good employees to other opportunities. Almost as risky is facing a situation in which the best employees lose their motivation and, thus, become less productive; eventually, they may also look for other jobs.
Tag: employee engagement
continued is a company with a unique setup. A leading provider of online continuing education and career opportunities for health professionals in audiology, speech-language pathology, occupational therapy, and physical therapy, the company does not have a central office. All employees work remotely.
Flight risk models have gained in popularity and can certainly be useful as these models boast the ability to predict which employees will stay and which will leave. The caveat is that a flight risk model alone is a tool, not an approach. And the key to success is to act on the data at […]
One of the struggles any company faces is finding—and keeping—the right talent to help propel the organization to success. Promotions and salary increases are good, but results from a recent study suggest that feeling engaged in work, along with feeling like there’s an opportunity to learn and grow, isn’t necessarily tied to a paycheck.
The notion that employees are the most valuable asset to a company has never been truer than it is today. Your people are often the creators of, consumers of, and advocates for your product. It’s important to connect with them on a meaningful level that speaks to your shared values and beliefs. Just look at […]
Negative or low morale among employees can be problematic for employers. Not only does it lead to an unhappy workplace, but it can also cause increased turnover and decreased productivity. And unfortunately, it can be difficult to fully recover from low morale once it sets in.
In 1985, I took my first job in the aerospace industry. On day 1, an HR person showed me to a conference room, handed me a thick manual, and said, “Read this.” That was onboarding. It took 4 hours to read the manual. I had nothing else to do—nothing else to be engaged in.
It is far easier and less costly to generate more business from an existing client than it is to draw in a new customer. But you can only capitalize on your existing clients if you develop the all-important customer loyalty. Your employees are pivotal to this process.
A study published by Gallup found a direct correlation between employee engagement and company revenues. According to their report, actively disengaged employees cost American businesses anywhere between $450 to $550 billion in revenues each year. Increasing engagement contributes to greater productivity which, in turn, contributes to higher revenues.
When a star employee leaves, it’s frustrating all around. The most obvious risk is the lost productivity that likely happens immediately afterward. After all, that star employee is no longer working, and it may take some time to get back to full productivity—even if someone is already in place as a replacement, but especially if […]