Practical HR Tips, News & Advice. Updated Daily.
The notion that employees are the most valuable asset to a company has never been truer than it is today. Your people are often the creators of, consumers of, and advocates for your product. It’s important to connect with them on a meaningful level that speaks to your shared values and beliefs. Just look at […]
Many experts agree that transparency is important to a company and its culture.
Many experts agree that transparency is important to a company and its culture.
Learning and development (L&D) is becoming a central hub for safety, innovation, and business growth in the modern-day workplace, especially in the era of evolving technology, big data and data analytics, skills gaps, workplace shootings, sexual harassment and discrimination awareness, and decreased employee engagement.
Negative or low morale among employees can be problematic for employers. Not only does it lead to an unhappy workplace, but it can also cause increased turnover and decreased productivity. And unfortunately, it can be difficult to fully recover from low morale once it sets in.
We’ve got good news and bad news. We’ll start with the bad: roughly 35% of workers plan to look for a new job in 2019. Now here’s the good news: this number is down drastically from 74% in 2018.
In 1985, I took my first job in the aerospace industry. On day 1, an HR person showed me to a conference room, handed me a thick manual, and said, “Read this.” That was onboarding. It took 4 hours to read the manual. I had nothing else to do—nothing else to be engaged in.
It is far easier and less costly to generate more business from an existing client than it is to draw in a new customer. But you can only capitalize on your existing clients if you develop the all-important customer loyalty. Your employees are pivotal to this process.
Even for very large companies, absenteeism among employees can be a big deal. But, for smaller organizations, where there are fewer people in a given position—perhaps only one person in a certain position—absenteeism can have a significant impact on productivity and customer service.
A study published by Gallup found a direct correlation between employee engagement and company revenues. According to their report, actively disengaged employees cost American businesses anywhere between $450 to $550 billion in revenues each year. Increasing engagement contributes to greater productivity which, in turn, contributes to higher revenues.