Practical HR Tips, News & Advice. Updated Daily.
We’ve got good news and bad news. We’ll start with the bad: roughly 35% of workers plan to look for a new job in 2019. Now here’s the good news: this number is down drastically from 74% in 2018.
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.
Even for very large companies, absenteeism among employees can be a big deal. But, for smaller organizations, where there are fewer people in a given position—perhaps only one person in a certain position—absenteeism can have a significant impact on productivity and customer service.
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.
Recent research suggests the human resources (HR) department’s increasing impact on an organization’s bottom line and its ultimate success. Basically, your organization’s success or failure will depend on how it manages its people and job candidates during the stages of their life cycles with your organization.
While the candidate experience is important in the recruiting process, how you treat your workers once the “honeymoon phase” wears off is of vital importance. Many companies are focusing on the employee experience to help retain top talent, but what does this entail?
In a previous post, we opened up the idea of talent pool engagement—keeping candidates and potential candidates engaged and informed about the organization before they’re even being considered for a role. We discussed a few reasons why it is in a company’s best interest to do this. Now, let’s take a look at a few […]
Talent pool engagement, as the name implies, happens when an organization takes active steps to stay engaged with prospective employees—often before they’ve even applied at the organization. With today’s ever-connected online environment, there are ever more ways for employers to stay in touch with the talent pool, no matter the size.
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 […]