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Executing a Succession Plan

Turnover in the United States is higher than many people think. According to the Bureau of Labor Statistics, the turnover rate across a wide range of industries in the private sector was over 47.4% annually in 2017, and that number has increased steadily from 42.3% in 2013. So, businesses need to be prepared to lose employees […]

Separating Extravagant Perks from Those that Yield High ROIs

Many employers think that they need to offer things like table tennis in large and custom-designed breakrooms, organic juice bars, bring-your-dog-to-work days, and free lunch every other day—especially when it comes to hiring younger employees—to retain employees and keep them happy.

Low Unemployment Rates Drive Higher Expectations

While the record low unemployment rate continues to burden employers, who are struggling to find and retain talent, workers and candidates alike are using this opportunity to benefit themselves, according to a new survey released by TD Ameritrade.

Optimistic

The Optimistic Coach

Great coaches see the best in those they coach; however, I’ve noticed that their positive attitude extends toward the world and the future—an attitude that is infectious. They are unabashed purveyors of hope, an all-too-rare commodity in today’s world.

Preparing for Employee Turnover

In a previous post, we discussed the challenges that come with employee turnover and that those challenges aren’t limited to top-level executives. At any level, employee turnover means losing someone with institutional knowledge, the potential to sidetrack or at least impede progress on ongoing projects, and forcing employers to spend months onboarding replacements.