Practical HR Tips, News & Advice. Updated Daily.
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 […]
In yesterday’s Advisor, 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 ways […]
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.
According to seminal studies, over half of the American workforce is disengaged, costing organizations between $450 billion and $550 billion annually.