Tag: Workforce Planning

The Dangers of Hiring Friends and Family

Hiring those from within our close personal network—i.e., friends and family—has been a common practice since the earliest days of specialized work. We feel like we can trust people we know, want to give them a means of income, and want to groom someone to take over after we, or other employees, leave the company. But […]

Why We Hire Family and Friends

For centuries, children often followed in the footsteps of their parents when entering the workforce. If your father was a farmer or a blacksmith or a fisherman, that is what you were taught, and that was what you were likely to also do when you came of age. The same holds true to some extent […]

Problems Surrounding Internal Candidate Referrals

In order to fill vacant roles, employers are resorting to new methods to recruit new talent. However, one strategy that has been around for years, is the use of internal referrals. Essentially, existing employees are given a bonus if they refer a candidate who is hired and stays with the company for a set period […]

Pay, Perks, and Job Satisfaction: 5 Tips for Attracting and Retaining Workers

Unemployment is at record lows, and Baby Boomers are leaving the workforce at increasing rates. For companies that are struggling to fill roles, they should look to current employees to make lateral moves to help fill the void. However, companies need to know how to retain workers in order to keep them around.

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Tight Labor Market Gives Way to Succession Planning at All Levels

Succession planning is a great strategy for filling roles left by retiring employees, but due to a skills shortage across many industries, employers are using succession planning to help fill their immediate talent shortage needs.

Should Employees Train Their Replacements?

Do you have a succession plan in place? If not, you may want to consider one, as turnover is a fact of life for any business. Whether due to an employee retiring, leaving for a different opportunity, or being promoted or moved to a different position, businesses frequently need to fill roles due to turnover. Some […]

Companies Face Challenges as the Landscape of Work Changes

A new report finds that while a majority of companies, 63 percent, have a “Future of Work” plan in place, several roadblocks are impeding companies from truly transforming their workforce to be more dynamic.

Creating Career Paths

Job candidates want to know about career paths. Is your company prepared for this conversation?

But Do You Have to Terminate?

Obviously, terminating an employee is a challenging situation. There can be a legal blowback, it’s stressful for the employee, and it creates a void at the workplace. But, what if you didn’t have to let them go? Today we’ll look at some alternatives.