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
Category: Key Talent Turnover
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 long… Continue reading Improve Employee Retention with Stay Interviews
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
Career Development is the #1 Reason for Leaving for 10 Straight Years
For the tenth consecutive year, Career Development is the number one reason listed why employees quit their jobs. The 2020 Retention Report once again shows the lack of Career Development opportunities is the most popular reason for leaving. Based on our research one out of every five employees who chose to accept a new job… Continue reading Career Development is the #1 Reason for Leaving for 10 Straight Years
The Importance and Necessity of Actionable Exit Interviews
The necessity for employers to utilize the highest quality of Exit Interviews that produce actionable insights has never been greater. So what exactly are high quality Exit Interviews? It’s simple really. High quality Exit Interviews are those that allow the former employee to be candid enough and comprehensive enough to give the exact reasons for… Continue reading The Importance and Necessity of Actionable Exit Interviews
Focus on Internal Data, Not Industry Benchmarks to Improve Employee Retention
Focus on Internal Data, Not Industry Benchmarks to Improve Employee Retention As the US job market continues to stay fully employed, organizations find it much more difficult to retain their employees because there are plenty of other jobs available elsewhere. A fully employed job market means that everyone who wants to work has a job.… Continue reading Focus on Internal Data, Not Industry Benchmarks to Improve Employee Retention