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Employees leave companies for a variety of reasons: dissatisfaction with the work; personality clashes with managers or coworkers; long commutes; poor work/life balance; etc. But according to a new Office Team survey, compensation is still one of the primary reasons employees switch jobs. And, in a tight labor market that favors employees, their ability to do […]
Attracting and keeping talented employees is incredibly important and often very difficult. In a post-industrial society, businesses run more and more on people and less and less on nonhuman capital like factories, vehicles, and machinery. At the same time, with historically low unemployment rates, employees have added flexibility to be picky when it comes to […]
Recruiters, hiring managers, and HR professionals rejoice, Robert Half has released its 2019 Salary Guide! Why is this so important, you ask? With salary guides, you’ll be able to see what types of compensation your competition is offering candidates, and with that knowledge in hand, you’ll be better equipped to poach those workers to your […]
There are many factors that influence employee satisfaction and the same factors that influence satisfaction can be used to attract talent to your company, as well. Obviously, one of the first to come to mind is compensation. Whether it’s a salary or bonus, you’d be hard-pressed to find an employee who wouldn’t like a little […]
If you’re a small business that’s looking to attract workers, you need to know how your company stacks up against the rest. If you’re not offering the same or better salary and benefits as your competition, you’re missing out.
As we know, offering benefits is a great way to attract talent to your company, especially 401(k) retirement benefits—as this particular benefit appeals to workers of all ages.
Corporate social responsibility (CSR) became a popular discussion topic over the last decade. According to The United Nations Industrial Development Organization (UNIDO), CSR is a “management concept in which companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.” This list of stakeholders can range from consumers to investors, and […]
Employee compensation administration is changing, and the demand for talent is exploding. In response, companies may be dusting off old salary administration practices. Why the change?
Talent retention may not necessarily be an issue that recruiters face on a regular basis, but in order to retain talent, you also need to know what attracts talent. And when it comes to salary negotiations, hiring managers and HR professionals may be going about it all wrong.
According to the Bureau of Labor Statistics’ (BLS) June 2018 Employment Situation, the unemployment rate has risen 0.2% for the month of June, making the new rate 4.0%. Unfortunately, it looks like our record low unemployment numbers may become a thing of the past, which is good news for employers looking to attract workers!