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The December jobs report showed that the economy entered the year with positive momentum for continued growth and that employers entered the year with mounting challenges to fill jobs. The unemployment rate remained at 4.1%, the labor force participation rate was stagnant at 62.7% and the job openings rate held at 3.9%, which signal that the number of workers is stagnant while the number of jobs grow. With this, workers know that they have options, as the quit rate remained close to a record-hig...
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Categories: Engagement, Leadership, Retention | Tags: | View Count: (420)
As we ring in a new year, many of us will reflect on the year that passed and take stock of our lives. A new year marks a new start, and with it often spurs resolutions to improve ourselves. Whether it’s to lose weight, eat healthier, make better financial decisions or give up bad habits, the majority of us aim to better our lives.1 Most New Year's resolutions involve goals to improve our health or happiness, and one of the most popular resolutions is to find a better job.
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Categories: Engagement, Stay Interviews, Exit Interviews, Leadership, Retention | Tags: | View Count: (849)
The first stage of employment is new hire onboarding, and it is vital for the employee, as it sets the stage for his or her employment with the company, and it’s proven that effective onboarding leads to increased engagement and retention.
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Categories: Onboarding, Engagement, Retention | Tags: | View Count: (583)
The November Jobs Report continued to deliver good news for the economy and escalate difficult conditions for employers as the Unemployment Rate remained at 4.1%, a historic low, hourly wages increased by five cents, a 2.5% year-to-date increase, and key industries added less jobs than prior year, a shortage blamed on a lack of qualified workers.
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Categories: Engagement, Leadership, Retention | Tags: | View Count: (467)
Ponderable from the Desk of Dr. Mahan: Last night, Danny Nelms, president of Work Institute, asked me to write a blog on sexual harassment. He asked me to do so because of my work counseling troubling and troubled managers.
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Categories: Engagement, HR Compliance, Leadership | Tags: | View Count: (631)
It’s often introduced with a lot of hype and is frequently met with some employee cynicism. It’s the annual employee survey. With good intentions, it’s common practice for organizations to ask employees for feedback one time per year. And it’s this – this once a year employee survey – that is a problem and can create employee uncertainty.
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Categories: Recruitment, Onboarding, Engagement, Exit Interviews, Retention | Tags: | View Count: (844)
Voice of employee, or employee voice in the workplace, has become increasingly important to leaders of organizations, leading the Society for Industrial and Organizational Psychology to list capturing the employee voice as the number seven workplace trend in 2017. As the emphasis escalates, many human resources leaders may be asking what is the definition of voice of employee and why is voice of employee important?
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Categories: Engagement, Retention | Tags: | View Count: (744)
The bottom line is that companies are held back by a lack of qualified talent. As the unemployment rate continues to drop and job openings continue to increase, the quit rate is set-up to sharply rise, push up wages and cost employers more and more in turnover as we round out 2017 and ring in 2018. Employers can’t be idle in recruiting and retention efforts. They must act now to understand how to retain and attract skilled workers, or, sit idle while their competitors grow – with their former ...
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Categories: Recruitment, Engagement, Leadership, Retention | Tags: | View Count: (838)
It’s proven fact, as organizations increase the number of opportunities for employees to utilize their voice, engagement increases, retention climbs and turnover drops. Understanding this connection, the voice of employee concept has become increasingly important to organizations as they seek to capture feedback more frequently from employees and take action on that feedback to drive outcomes. With this, many organizations are beginning to include pulse surveys in their voice of employee strate...
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Categories: Engagement, Retention | Tags: | View Count: (1151)
The American Psychological Association (APA) Center for Organizational Excellence released results of the “2017 Job Skills Training and Career Development Survey” last week, and the major finding is clear - lack of manager support for career development drives retention. And, we agree.
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Categories: Engagement, Leadership, Retention | Tags: | View Count: (761)
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