July 26 , 2017

Retention

Without Metrics, Weak Onboarding Will Neutralize Your Recruiting Results

Think about it for a minute. You devote thousands of dollars and hundreds of management hours to recruiting, and as a result, you land a great candidate. But all that is for naught if the new hire gets off to a bad start and soon after quits because the onboarding program lacked goals and metrics. If they do stay, the ... Read More »

In An Interconnected Digital Business World … Why Is Recruiting Still An Island?

As seen on ERE Media  A “think piece” designed to stimulate your thinking about strategic recruiting Corporate recruiting, unfortunately, operates as if it were an island. Recruiting can, justifiably, be accused of acting as if it is an autonomous corporate entity because it seldom has any formal processes for sharing information and data with other clearly interdependent business functions. For ... Read More »

Want Managers To Focus On Retention? — Show Them The $ Impacts Of Turnover

Almost everyone in talent management agrees that managers don’t place enough emphasis on employee retention, despite the fact that retention is often ranked as the No. 1 people-management problem. In fact, according to a recent PayScale survey, “63 percent of employers consider retention a top priority” (where five years ago, only 20 percent believed retention was as important). One of ... Read More »

8 Things You Need to Fix to Increase Employee Retention

As on LinkedIn Talent Blog. Recently, the Department of Labor reported that turnover is now at its highest level since 2008. And yet, many companies are doing very little to combat this problem. Why? Because a lot of executives don’t realize the tremendous cost of turnover: (e.g. 2X salary costs times losing approximately 25% of their workforce each year). And, the cost ... Read More »

You Can’t Calculate Employer Branding’s ROI if You Omit Its Negative Impacts

Understanding the Top 10 Problems Associated With Having a Strong Employer Brand There are only two long-term strategic recruiting approaches: employer brand building, and talent pipelining. Of the two options, employer brand-building is by far the most powerful. In fact, it was ranked by BCG as No. 4 highest in revenue and profit impacts among all HR programs. Almost every major corporation ... Read More »

How Using a Single Broad Turnover Measure Can Cost Your Corporation Million$

Business Impact Turnover Measures That Can Dramatically Improve Employee Retention The simplistic and broad turnover metrics used by most corporations hide the real truth about the business impacts of employee turnover. And as a result, few executives realize that the way HR currently reports turnover is probably costing every major corporation millions of dollars. For example, many firms report a ... Read More »