Practical HR Tips, News & Advice. Updated Daily.
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.
Many employers celebrate holidays such as Thanksgiving, Christmas, and Halloween with office parties and offer workplace feasts and a chance to socialize with coworkers as a way to show they appreciate their employees. Ironically, there’s a holiday designed specifically for that, and it’s often completely ignored by employers.
We often hear that millennials want to do “meaningful work.” Generally, this is taken to refer to charity work or any role where the main outcome is something that will benefit society, the planet, animals, or something like that. Under this definition, a role such as building boxes for bats to nest in could be […]
As the new year progresses, it’s a perfect time to reflect and reassess personally and professionally. Businesses use strategic planning and budgets to reflect that same thinking at an enterprise level. However, all too often those choices are rushed—and even forced—based on constraints and lack of time. More importantly, people tend to be considered last […]
Identifying the so-called “soft psychological skills” of high performers can be challenging, especially when considering that many personality tests are outdated and don’t capture the emotional intelligence attributes of current and new (Millennial/Gen Z) workers in 2019.
According to research highlighted by Harvard Business Review, positive work cultures promote more productive, engaged, and happier employees. Also, according to one survey highlighted by Forbes, “corporate culture, however it is defined, makes a difference in companies’ performance and value.”
Developing a culture of true innovation and creativity within an organization is no easy task. Even if a leader advocates for their employees to be creative and pursue new ideas, organizations rarely allocate time and resources for those employees to be creative without risking the time they need for standard operations. To truly explore what […]
In 2019 and beyond, learning and development (L&D) strategies shouldn’t just be implemented by corporations or enterprises alone. Why? Because L&D will be the most innovative department for any organization for the next decade or so, regardless of its shape or size.
Research over the last decade has made the case that employee engagement in an organization is highly correlated with success in achieving business goals. Gallup’s State of the American Workplace report found that companies with highly engaged employees experience 17% higher productivity, 20% higher sales, and 21% higher profitability, among many other positive metrics.
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.