I recently read an interesting article by Kelly Anderson exploring the surge in salary increases for entry-level professionals as top companies try to retain their young talent. Elite law firms and Wall Street companies are paying entry-level associates premium salaries and raises as they attempt to keep people in the fold. At the same time, employees […]
Because remote work is our new reality, companies now have virtual teams spread across the globe. The shift to working remotely has resulted in major changes to the way companies work, hire, and communicate. Tools like Slack have made it easier for coworkers to keep in touch with one another and collaborate, and being able […]
Companies talk a big game about diversity and inclusion, often with an intense focus on increasing diversity representation at the highest levels of leadership. Yet many of these same companies struggle to hire, retain, and promote diverse employees. In light of the “Great Resignation” taking place, in which employees who weren’t happy in their jobs […]
That the COVID-19 pandemic has been difficult for people and organizations around the world is a gross understatement. Aside from the millions who perished because of the disease, businesses have found it difficult to maintain adequate staffing levels.
We’ve all seen the headlines: Recruiting at the moment is complex at best. Employers are trying to ramp back up now that more and more people are vaccinated from COVID-19 and returning to some semblance of normal, and this is causing significantly increased competition for talent. When hiring is difficult, employers have to remember to […]
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 […]