Tag: Employee Retention

Contender or Pretender? Identifying Both in Sports and at Work

Contender or Pretender? It’s a recurring segment in sports media, and a fun talking point amongst fans, where the debate is whether a team is “for real,” particularly early in the season. Read on to see how contender or pretender can be applied to candidates and employees, alike.

5 Drivers of Employee Engagement, and How Crowdsourced Innovation Can Help

Disengaged employees are costly. A recent Deloitte report notes that organizations spend over $100 billion annually to improve employee engagement. Despite that, 87% of employees remain disengaged and cost U.S. companies $450 billion to $550 billion per year in lost productivity, according to Gallup.

8 Ways to Boost Employee Engagement and Create a Winning Workplace

How do you get employees to go the extra mile and perform at the peak of their capacity? Some say job satisfaction and happiness are key elements of exceptional employee commitment. I don’t disagree with that. But I would argue that employee satisfaction and happiness are not enough. After all, I could love my work, […]

Beware of Chiseling Succession Plans into Stone

Succession plans are a great way of filling executive seats during these difficult hiring times. However, there are some rules and best practices you need to consider before carving your succession plan into stone.

How to Provide a Satisfying Work Experience

In a previous post, we discussed that when companies value and actively cultivate high employee morale, they tend to outperform their competition by 20%. Today, we’ll offer several tips and strategies on how to improve employee morale and candidate experience in your organization by first getting to know your candidates and employees better.

Employee Satisfaction Has Concrete Results for Business Performance

We’ve talked a lot about the importance of employee satisfaction in recruitment and retention efforts. Turnover and hiring are expensive, and companies can’t afford to keep losing their staff over low levels of satisfaction. However, there is a strong argument in favor of promoting employee satisfaction on the flip side as well.

Optimistic Employers Embrace Benefits for Talent Attraction

2017 saw job satisfaction among U.S. employees fall. However, the American workforce might be out of its funk! According to new research, there is strong evidence that both workers and their employers have renewed feelings of workplace optimism and satisfaction. What’s driving these renewed feelings is also the key to attracting top talent: robust benefits.

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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 […]

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.

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Why You Need to Plan for the Succession of All Your Employees

Managers can be so busy at work sometimes that it’s almost inconceivable for them to think about anything beyond the present day or even hour. And, while many business leaders wisely set aside time to think about 1-year, 3-year, or 5-year plans, far too few spend time thinking about where their current workforces will be […]