June 21 , 2018

Tag Archives: retention

Getting Managers To Take Action On Turnover … By Using Heat Maps And Dollar Impacts

Turnover rates are reaching record levels at many firms. But many managers aren’t paying much attention to turnover because, in the corporate world, most turnover reports are barely scanned. And even when they are read, the way that most turnover numbers are presented simply don’t drive managers to act. And that’s a huge problem because the fundamental reason why you …

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The Biggest Mistake In Employer Branding — Failing To Measure The Business Impacts Of Employer Branding

In my experience, the current state of employer branding is dismal. I have been developing employer branding solutions since before the advent of electricity it seems — back when it was called Employer of Choice. Since then, we have shifted to the term employer branding, but unfortunately, little else has changed for the better. In particular, I am continually shocked …

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How to Identify Employees Who Are at Risk of Quitting Your Small Firm

As seen in the Wall Street Journal The Experts (Dr Sullivan is a member of the panel of experts).   Retaining every employee is critical to a small business, because with a low number of employees, losing even one has an impact that even your customers will notice. Because it is difficult to find talented replacements, managers should instead focus …

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A Simple Tool for Small Businesses to Retain Employees

  As seen in the Wall Street Journal The Experts (Dr Sullivan is a member of the panel of experts). When a key employee quits, it’s a gut-wrenching experience for most small-business owners. That single loss will likely result in a significant performance drop for the firm because that lost employee might represent an entire function. The drain will last …

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Hire Like Google — Project the ‘Career Trajectory’ of Your Candidates

I frequently get asked the question “What is the one thing that recruiting functions should be systematically doing, but for some unexplained reason, it doesn’t do it?” Well, one quick answer to that question is “to project the career trajectory of potential hires.” Which simply means to assess whether a candidate, after they are hired, are likely to progress and …

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Retention — The Top 10 Ways a Manager Can Identify Who Is About to Quit

There are few things that are more shocking to a manager then to have one of their top-performing employees suddenly quit on them. Some managers have described it as the equivalent to a “kick in the gut.” It is a shock not only because losing a key employee will damage your business results, but also because managers hate surprises, and …

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Stop Your Firm’s Brain Drain – Convincing Innovators to Choose an Established Firm Over a Startup

There is an innovator brain drain going on. The drain is away from larger established firms, which desperately need more innovators, and toward startup firms, which are successfully recruiting a disproportionately high percentage of these prized innovators. It doesn’t matter whether your corporation is trying to hire experienced talent or recent grads; it seems like every innovator and entrepreneur these days …

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Advice and How-Tos Calculating the Tremendous Dollar Value of a Top-performing or Innovative Employee

In professional sports, almost everyone readily agrees that a top-performing athlete is worth their weight in gold. That value is clearly reflected in their compensation, where for example a top-performing NFL quarterback can get paid 10 times more than the third-string quarterback on the same team. The value of adding a LeBron James, Peyton Manning, or Lionel Messi to your …

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Advanced Items For Your Recruiting Agenda – What Should Google Do Next?

During the newly reinvigorated and exciting ERE conference, two attendees posed related but powerful questions to me. The first was “What advanced topics should be on the agenda of recruiting leaders at elite firms?” Or as another put it “What should Google be planning to do next in recruiting?” At least to me, future agenda items are an important topic. …

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