Retaining talented employees is crucial for any employer. Our Retention Reports have shown that lack of development opportunities is a leading cause of employee turnover, making it vital for organizations to invest in their workforce. One effective way to do this is through stay interviews. This blog will explore how to properly conduct stay interviews… Continue reading How To Properly Conduct A Stay Interview
Category: High Turnover
How to Generate Actionable Feedback from Employees
To generate actionable employee feedback, organizations must be able to understand the actual reasons for employee departure. Organizations must realize there is strategic information that should be secured from the talent who left the organization. The organization needs to get the truth from former employees about the company, their job, their supervisor, and their team.… Continue reading How to Generate Actionable Feedback from Employees
Why Exit Interviews are Critical to Employee Retention
It’s a fact, to learn the real reasons employees leave, and make decisions on the truth as employees perceive it, organizations must ask employees why they left in a way that brings out the truth. When used effectively, exit interviews reveal the true causes of employee turnover and inform targeted strategies to improve employee retention.… Continue reading Why Exit Interviews are Critical to Employee Retention
Voluntary Turnover Returns as COVID Recedes
The latest voluntary quit (turnover) rate shows nearly twice the amount of employees quit their jobs in July 2020 than those who quit in April 2020. Even during a global pandemic, a historic recession (hopefully on a short one), high unemployment, and general fear and restlessness, U.S. workers still control the job market. Yes, that… Continue reading Voluntary Turnover Returns as COVID Recedes
Improve Employee Retention with Stay Interviews
The U.S. workforce is experiencing a turnover tsunami and those organizations proactive in employee feedback efforts will undoubtedly see their retention improve. Like mining for gold, you actively prospect and sift through applicants to strike pay dirt with employees that have the potential to be high-performers and to stay with your company for a… Continue reading Improve Employee Retention with Stay Interviews
It is Time to Rebuild HR, Not Defund It
There is considerable talk these days that HR does not deliver the value of its capability. Additional arguments include moving HR functions into Legal, Finance, and both internal and external Marketing/Communications. Should HR functions be reassigned or defunded? Can HR deliver the value it is designed to provide? The real question is whether HR has… Continue reading It is Time to Rebuild HR, Not Defund It
HR Priorities Are Misplaced
I recently read an article comparing the priorities of the CEO to those of the CHRO. It was an interesting read and for the most part the two were aligned. However, after reading the article I wondered whether the stated HR priorities and what is actually being prioritized are the same. On almost a daily… Continue reading HR Priorities Are Misplaced
The Employment Relationship and the Power of Choice
Power in the employment relationship is an interesting concept and I have never actually discussed the matter using that term. We typically talk about the employment relationship in terms of who has control, but it is easy enough to translate control into the word power. For nearly a decade following the 2008 recession, unemployment was… Continue reading The Employment Relationship and the Power of Choice
Why People Quit During the Pandemic
We recently hosted a webinar titled “Voice of the Employee Trends During the Pandemic.” The below quotes are based on Work Institute interviews with employees who quit their jobs based on how their organization managed the coronavirus pandemic. Employees continuously demonstrate three primary categories of reasons why people intend to quit or quit during this… Continue reading Why People Quit During the Pandemic
Importance of Employee Feedback During the Pandemic
Many leaders today are lagging in creating an environment where every employee does their best work. Employees are left in the dark by their organization and organizations are not in tune with employee concerns. But fear not because there are clear actions organizations can take to stabilize employee hopes and concerns. Many people are out… Continue reading Importance of Employee Feedback During the Pandemic