Tag: turnover

The Three Building Blocks of People Analytics

A lot has been written on the importance of people analytics. A data-driven approach to managing people offers a lot of advantages and supports managerial decision-making. In this article, we’ll explore the foundation for getting started with people analytics.

3 Questions to Ask When Measuring Your Sales Training ROI

U.S. companies spend over $70 billion annually on training and an average of $1,459 per salesperson, which is almost 20% more than they spend on workers in all other departments and functions. Most of that sales training and learning material (nearly 80% in some cases) isn’t retained because it’s curriculum-based. And it’s consistently not yielding […]

Pros and Cons of Exit Interviews

Does your organization routinely conduct exit interviews with departing employees? Some employers swear this is a great way to garner knowledge about how to improve the organization and reduce future turnover. Others feel it’s unlikely to gain real insights because departing employees no longer have an incentive to help. Let’s take a look at some […]

How Putting People First Drives Retention

Driver turnover and driver shortage are two of the biggest challenges consistently facing the transportation and logistics industry. According to the American Trucking Association, turnover rates in the industry reached almost 87 percent in 2017 and the industry is currently short about 50,000 drivers. The ATA says if nothing changes, the industry will be short […]

Pros and Cons of Employee Engagement Surveys

Does your organization utilize employee engagement surveys? If it does, you are undoubtedly familiar with many reasons why they’re often cited as being critical to gauging the “temperature” or “mood” of the workplace. Indeed, there are many potential benefits to be gained but also some potential drawbacks. We’ll explore some of each now.

analytics

Amazon Coming to Town? Mitigate Talent Shortfalls with People Analytics

In January, Amazon announced its much anticipated shortlist of cities for its new second headquarters. While job seekers looking to join the industry giant eagerly anticipate the final announcement, companies currently operating in those shortlisted cities are dreading the impact that Amazon will have on their ability to attract and keep their top employees.

A New Management Mindset: 6 Keys for Greater Staffing Stability

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 […]

Why ‘Sink or Swim’ for Millennial Hires Fails Every Time

The biggest difference I can find between GenXers (born 1965-1979) and my Millennial peers (born 1980-2000) is our overall level of self-reliance and resourcefulness (the kind that goes beyond Googling the answer). Many managers, GenX ones in particular, have no trouble sharing their frustrations about new hires who have an inability to figure out problems […]