Tag: employee retention

August 22, 2022

It’s estimated that 47 million people left their jobs in 2021 according to the U.S. Bureau of Labor Statistics, prompting a flurry of “Now Hiring” announcements as everyone from major corporations to small businesses struggle to attract and retain top […]

July 21, 2022

With unemployment persistently under 4% and at least a million more job openings than people seeking work, founders and leaders of small businesses are finding creative new ways to compete. The talent war goes far beyond acquisition, hiring practices and […]

June 30, 2022

Periods of high turnover are challenging to navigate, and they highlight the value of investing in long term employee retention. However, leaders can make a significant difference in the current environment by providing managers with the support leadership and strategies […]

June 27, 2022

With as much attention as most businesses put into hiring new employees, it’s quite shocking to see how little focus is given to onboarding. Yet, I would argue that onboarding is equally important. The right onboarding process creates a strong […]

May 13, 2022

Businesses need to be smart about who they hire and how they can be instrumental in achieving business goals in a constantly changing business environment. This entails giving careful consideration to the workforce’s skills, the employees currently on board, those […]

April 22, 2022

For some people, loyalty to a particular coffee brand rivals their devotion to a favorite college football team. Kathleen, my spouse, would crawl three miles over broken glass for her Starbucks Americano decaf. I favor QuikTrip and McDonald’s coffee. Within […]

March 31, 2022

Finding the right fit for a job opening is time-consuming and expensive. Companies invest a lot of money and effort into soliciting and interviewing applicants and onboarding new hires, but despite all this money and effort, there’s no guarantee a […]

February 22, 2022

San Francisco-based Bolt made headlines this year for pivoting to a permanent four-day workweek. The e-commerce software provider had previously conducted a three-month experiment, in which most employees and managers were in favor of the change. The company reported increased […]

January 20, 2022

The COVID-19 pandemic has upended the way people work around the globe. For those whose positions don’t strictly require an on-site presence, the widespread shift to remote work has generally meant both an increase in flexibility and the ability to […]

January 7, 2022

Nicknamed “The Great Resignation,” many businesses are grappling with employee retention and struggling to hire. The U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey, reported there were 10.4 million job openings in August and more than 4.3 million […]

January 3, 2022

Record high voluntary quits and challenges in talent acquisition are prompting employers to deep dive into hybrid working models, with the aim of creating a work environment that promotes employee engagement and retention while attracting top talent. Here’s some insight […]

December 9, 2021

payroll. It had been set to expire on Jan. 1, 2022, but the Infrastructure Investment and Jobs Act signed into law in November accelerated the end of the credit retroactive to Oct. 1, 2021—except for wages paid by a recovery […]

November 24, 2021

The pandemic has led to employee retention struggles that require a serious reconsideration of how employers address mental well-being. McKinsey calls it “the Great Attrition.” More than 15 million U.S. workers have quit their jobs since April 2021, and 40% […]

February 16, 2021

Many companies annually prepare business goals and establish incentives for employees if the goals are met. One common incentive is the quarterly or annual bonus. While the reward process seems straightforward, it can come with unexpected obligations and complicated calculations […]

February 12, 2021

Do you stock feminine hygiene products in your bathrooms for your employees (or perhaps customers)? While some might think this is a trivial thing, it could make a difference to your employees. Federal law doesn’t require businesses to provide feminine […]

February 2, 2021

Military buffs have no doubt heard the term “force multiplier.” The term’s definition, according to the Department of Defense, is “a capability that, when added to and employed by a combat force, significantly increases the combat potential of that force […]

January 28, 2021

Between a global pandemic, a widespread social justice movement, and a hotly contested presidential election, little about last year was easy. One silver lining is that companies were compelled to prioritize how they best support employees through this difficult time. […]

January 22, 2021

In March 2020, many employees across the United States were faced with the prospect of a temporary shift to remote work. For many of those workers, the expectation was that their office would remain closed and they would work from […]

August 3, 2020

High employee churn rates are a major pain point for many HR professionals as businesses and workplaces enter into a big season of change. High churn rates were already a concern due to financial implications (replacement costs typically range from […]

July 6, 2020

Precoronavirus, employers were pulling out all the stops to attract and retain top talent, because when it comes to talent retention, it’s no longer just about salaries and bonuses, flexible schedules, and abundant paid time off (PTO). Today’s employees value […]