Employee retention is always important, but when hiring is difficult, it’s even more so in the spotlight. After all, when it’s tough to replace employees who leave, it’s critical that as few employees leave as possible.
Has your onboarding process been updated recently? Better yet, do you provide a clear and structured onboarding experience for employees that keeps them engaged, even during a busy time like the holidays?
You could say that many companies failed to focus on the right things during the Great Recession of 2008–09, as the unemployment rolls swelled and the jobs market seemed to favor employers, not jobseekers. Employers mistakenly took for granted their position of strength during the economic downturn and struggled to deploy strategies to retain certain […]
In a previous post, we discussed the challenge many companies face when it comes to employees’ retaining information conveyed in training sessions.
The idea of training employees before you hire them might seem a bit nonsensical at first. For one, there is seemingly no need to train people who aren’t actually going to work for you. Theoretically, they could even end up taking a job with a competitor. But some argue that pretraining may be a valuable […]
Employee morale and engagement are difficult to measure, but they can be a huge boost to an organization’s productivity, not to mention retention. Fostering strong relationships among teams is a great way to boost morale and engagement, which includes the boss and peer-level team members. But can bosses be too friendly with their staff? Research suggests they […]
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.