Tag: retention

pay raise

How Much is Enough? Hint: $10,000 Pay Raises Can Backfire

I recently read an interesting article by Kelly Anderson exploring the surge in salary increases for entry-level professionals as top companies try to retain their young talent. Elite law firms and Wall Street companies are paying entry-level associates premium salaries and raises as they attempt to keep people in the fold. At the same time, employees […]

video

5 Key Benefits to Using Video in the Training Process

Because remote work is our new reality, companies now have virtual teams spread across the globe. The shift to working remotely has resulted in major changes to the way companies work, hire, and communicate. Tools like Slack have made it easier for coworkers to keep in touch with one another and collaborate, and being able […]

How Internal Mobility Can Improve Retention, Experience, and Leadership

Companies talk a big game about diversity and inclusion, often with an intense focus on increasing diversity representation at the highest levels of leadership. Yet many of these same companies struggle to hire, retain, and promote diverse employees. In light of the “Great Resignation” taking place, in which employees who weren’t happy in their jobs […]

What Is the Great Resignation?

That the COVID-19 pandemic has been difficult for people and organizations around the world is a gross understatement. Aside from the millions who perished because of the disease, businesses have found it difficult to maintain adequate staffing levels.

Employee Appreciation Tips

We’ve all seen the headlines: Recruiting at the moment is complex at best. Employers are trying to ramp back up now that more and more people are vaccinated from COVID-19 and returning to some semblance of normal, and this is causing significantly increased competition for talent. When hiring is difficult, employers have to remember to […]

Employee Retention Tips

Employee retention is always important, but when hiring is difficult, it’s even more so in the spotlight. After all, when it’s tough to replace employees who leave, it’s critical that as few employees leave as possible.

training

Why Now Is the Time to Invest in People

You could say that many companies failed to focus on the right things during the Great Recession of 2008–09, as the unemployment rolls swelled and the jobs market seemed to favor employers, not jobseekers. Employers mistakenly took for granted their position of strength during the economic downturn and struggled to deploy strategies to retain certain […]

training

Preemployment Training as a Retention Tool

The idea of training employees before you hire them might seem a bit nonsensical at first. For one, there is seemingly no need to train people who aren’t actually going to work for you. Theoretically, they could even end up taking a job with a competitor. But some argue that pretraining may be a valuable […]