Have you reevaluated your employee benefits package since social distancing was implemented? It’s likely that your pre-pandemic perks, plans, and promises won’t hold up after COVID-19 passes. You’ll need new, creative benefits to retain talented employees and snag new superstars.
Throughout human history, age patterns have followed a predicable trend: Parents would give birth to large numbers of children, not all of whom would reach adulthood; and as a generation moved from childhood to adolescence and through adulthood, more and more would succumb to death from illness, accidents, or conflict. The result was a pyramid-shaped […]
Long-tenured staff are a benefit to any organization. They possess knowledge of and experience in not just the industry but also the specific company they work for. They can serve as mentors and teachers to new hires and serve as stewards for the organization’s long-term goals.
For business owners and executives, mergers and acquisitions (M&As) can be an exciting time to achieve rapid growth and even smash goals that otherwise would have been unattainable.
Given that unemployment levels are quite low, retention is a major focus in today’s HR world. One aspect of employees’ satisfaction and retention is how meaningful they find their work.
Employee training and development efforts are an important part of many organizations’ business strategies, and for good reason. Effective employee training can increase employee effectiveness by teaching them new skills and processes. But employee training initiatives are also effective tools in employee retention efforts.
Attracting top talent and building a high-performing culture are the most important elements in a company’s success. High-potential employees need to be challenged to learn, grow, and use their “superpowers” to propel your business forward. To do that, they need a framework and a culture that reinforces why performance matters.
Recent years have seen organizations focus their diversity efforts on recruiting, as high-level executives have come to see how diversity benefits the bottom line, and—perhaps even more importantly—is the right thing to do. But recruitment alone isn’t the answer. Recruiting and hiring are the first steps to developing a diverse workforce, but they won’t do […]
Everyone talks about how to improve employee retention rates and reduce turnover, especially in this low unemployment environment. After all, we all know how time-consuming and expensive it is to replace employees when they leave. We know how much more efficient it is to keep good employees in place rather than having to constantly be […]
A new report by Robert Half US has found that an astonishing 49% of professionals have quit their jobs because of a bad boss. With unemployment rates as low as they are and companies struggling to retain and hire, this finding is an indicator of a serious underlying problem.