It’s a mistake to focus exclusively on high turnover because a too-low rate will also cause damage. This is a think piece – for making leaders interested in unusually low turnover rates. Don’t Reduce Your Focus On Employee Retention, Because It’s Still The #1 Priority If you are among the …
Read More »Workforce Planning
An Obscure Turnover Cause Is Now Ranked #1 – And “A Company’s Projected Business Outlook” Is That Turnover Cause
Higher uncertainty has made “communicating a positive company outlook” an essential retention tool. Yes, a combination of uncertainty-creating factors, including large layoffs, a volatile economy, and the fear that a lack of AI capability will make some companies noncompetitive almost overnight. And this sudden high level of uncertainty has created …
Read More »How to Hire After Layoffs By Lauren Dixon
As seen on Reworked.co by Lauren Dixon How to Hire Again When it does come time to hire for a previously eliminated role, legal questions are the first to address.Society for Human Resource Management (SHRM) suggests to wait at least six months since the layoff. If “the former employee finds …
Read More »Layoff Anxiety Is Extremely Costly To Your Bottom Line… And Few Know That Much Of It Is Preventable (Action steps for reducing employee angst during layoffs)
Top leaders know that those anxious over layoffs either quit, get angry, or get distracted from work. And unfortunately, all of those actions are extremely costly to the business. Of course, almost everyone is already aware that there have recently been a number of large-scale layoffs that have generated record …
Read More »The Most Read Talent Management Articles In 2022 – A Powerful Learning Opportunity
Your knowledge of best practices may be your strongest asset during the upcoming recruiter layoffs. However, during this hectic year of rapid change in talent management, I have found that many professionals have simply been overwhelmed. So they could find little time for their essential reading. To those who have …
Read More »Talent Management Lessons From The World Cup – The Top Five Action Items (Learning from sports industries)
The “professional sports model” is the next step in the evolution of corporate talent management. So given that the FIFA World Cup is currently underway. It’s now appropriate for corporate leaders to devote some of their strategic thinking time to understanding how the top global football teams reach such extraordinary …
Read More »December 2022 – A Unique Recruiting Opportunity That Can’t Be Missed (The right time in recruiting makes all the difference)
Don’t relax, because recruiting this December provides quality candidates and record-low competition. Yes, recruiting “at the right time” is a seldom-used strategic advantage among recruiting leaders. For example, most recruiters and hiring managers routinely “take the end-of-the-year holidays off.” First because they are exhausted. But also because they mistakenly assume …
Read More »Are Layoffs Coming To Your Company? Use This Checklist To Find Out (A comprehensive checklist of the warning signs of a pending layoff at your organization)
It’s better to be prepared than surprised, so track the warning signs of your upcoming layoff. It’s important to realize that in today’s volatile business environment, each week, large-scale layoffs are becoming increasingly common. And unfortunately, the current ones can occur with little formal notice to the impacted employees (Note: …
Read More »Talent Hoarding – Can Reduce The Huge Hidden Costs Of Layoffs (A surgical approach for identifying those to be released)
Shareholders should be outraged when their execs use broad layoffs, which have a painfully low ROI. In fact, along with M&A actions, a large-scale layoff may have the most disruptive business impacts of all talent actions. So as an alternative, I recommend a “gradual and surgical release” alternative approach, which …
Read More »Prioritize Your Keystone Positions – Learn A Valuable Lesson From Nature (Borrow position prioritization from natural ecosystems)
A Think Piece – that recommends the greatest extension of talent management thinking in your lifetime. Most organizations already prioritize their key positions. But that group of prioritized positions usually only includes key executives and managers. However, nature teaches us that the less prominent “under the radar positions” often have …
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