North America is currently facing a retention epidemic. Organizations are constantly searching for solutions to keep their best and brightest employees on board. In recent years, they’ve even gotten creative with free lunches, smoothie bars, and yoga rooms.
With unemployment rates inching ever lower, employers are becoming more and more concerned with employee retention. Vacancies are getting tougher to fill, making it even more of a concern when an employee leaves.
Employee retention is one of the most important factors contributing to the growth and success of a company. Or is it? For decades retention has been viewed by HR professionals as one of, if not the leading health-indicator of an organization.
HR and business leaders see this firsthand as they fight to keep innovative, eager talent engaged and on their teams and are leveraging their people data to improve the hiring and talent retention process. How? Benchmarking.
The Execu|Search Group—a recruitment, temporary staffing, and workforce solutions company—released its 2018 Hiring Outlook: The Impact Of The Growing Skills Shortage On The Employer-Employee Relationship, which provides insights into the factors that professionals consider when making career decisions.
Let’s survey your current staff! How many people in your organization have been there 10+ years, are deep-rooted and likely aren’t going anywhere until retirement? We’ll call these staff “trees.” And how many people haven’t been there long, and their position will likely turn over multiple times in the next few years? We’ll call these […]
BLR® announces keynote speakers for the HR Daily Advisor Event being held from March 8-9 in historic, downtown Savannah, Georgia.
One of the keys to succeeding in business is having employees who are good at their jobs. Many businesses, especially smaller ones, may regard employee training as a needless expense or waste of valuable time.
The effectiveness of financial retention agreements to ensure that acquired talent remains with the new company during a merger or acquisition (M&A) has improved over the past 3 years, according to Willis Towers Watson, a lobal advisory, broking, and solutions company.
From the employer’s perspective, employee network groups can boost engagement and retention—or they can create divisiveness. To ensure the former, employers need to be involved from the start. By adopting a policy and welcoming network groups, businesses can encourage members to have positive effects in the workplace, according to Ray Friedman, a professor of management […]