Tag: Employee Retention

4 Reasons Why a Virtual Assistant Could Be Your Next Great Hire

Employee burnout has become an epidemic, with countless workers feeling overwhelmed, unfulfilled, and ready to quit their jobs. Companies across all industries have been struggling to find ways to keep their workforce engaged and retained. However, many have overlooked one potential solution that can significantly improve employees’ day-to-day experience: hiring a virtual assistant (VA). VAs […]

The Importance of Investing in Employee Development

Companies are always looking for ways to stay ahead of the competition. One strategy that has consistently proven to be effective in developing and maintaining a competitive edge is investing in employee development. But identifying a concrete ROI on employee development has long proven to be challenging for many organizations. How can learning and development […]

How to Reimagine Employee Retention

Employees are the secret ingredient to organizational success, yet companies are struggling to keep them. In recent years, millions of Americans have been quitting their jobs—a trend dubbed the Great Resignation. Last October alone, a grand total of 4 million Americans jumped ship. That’s nearly three percent of the overall workforce. Tech workers are even […]

Is Upskilling the Key to Employee Retention?

The pandemic fundamentally scared companies. For the first time in a number of years, companies were scrambling to hold onto staff and watching a growing wave of vacancies erode any capacity for production, even after forced separation was no longer required. Some corporations even went so far as to continue to pay employees during their […]

What Money Can’t Buy: The Role Employee Engagement Plays in Retention

Retaining high-performing employees is a critical endeavor for HR leaders. It’s even more high stakes today, considering the cost of turnover carries a price tag many organizations can’t afford right now. What’s the easiest way to retain your top talent? Salary is an important factor, but it might not move the needle on retention as […]

Latest U.S. Jobs Data Shows Labor Market Remains Tight

The U.S. economy, and the labor market in particular, has vexed experts and observers for months now. Despite doomsayers predicting imminent recessions and others pointing to widespread tech layoffs as a harbinger of a more general end to the Great Resignation (and despite months of aggressive central bank interest rate hikes), recent data illustrates just […]

Why Recognition Is a Key Driver for Employee Retention

ADP finds that more people are staying in their current roles than last year, and while this news illustrates a slightly rosier outlook on the job market, the labor shortage is far from resolved. Achievers Workforce Institute (AWI) research shows that 66% of HR leaders say the labor shortage is getting worse. This figure should […]

New Report Illustrates Trends in Recruitment

One of the reasons companies care so much about employee retention is that it’s difficult, time-consuming, and costly to onboard new talent. Nevertheless, individual companies and departments don’t control the labor market, and they have to work with the world that exists, not the one they wish existed. Increasingly, companies are turning to third-party providers […]

HR Query: The Biggest Mistakes Companies Make with Their DEIB Efforts

While some companies continue to make progress in prioritizing DEI, others have cut budgets and laid off DEI leaders who were hired in waves after George Floyd’s murder in 2020. Workplace DEI efforts continue to become part of national political debates, including new anti-DEI policies that constrain companies’ abilities to move the needle forward in […]

Summer Hours: Pros and Cons for Businesses

As the United States moves further into summer, the weather and long days can bring a welcome mental health boost but can also be distracting for some employees. Instead of focusing diligently on work, they may spend their Friday afternoons mentally packing for that weekend cabin trip or sneaking out a bit early to play […]