If you haven’t already shifted to a data-based recruiting approach, December is an ideal time to see the benefits resulting from using data to take what I call “right-time” recruiting actions. Most executives and recruiting leaders are shocked when they learn that nearly 50 percent of all employee turnover in …
Read More »Retention
Getting It All Wrong – “The Work” Attracts Top Performers (not pay/benefits)
“It’s the work (stupid)” That is the gist of the answer that you get when you ask top performers, “What would attract you to a new job?” If you were Picasso, wouldn’t you only be attracted to a new job if it provided you with the opportunity to “do the …
Read More »A Dozen Reasons The Netflix Maternity Leave Benefit May Be A Bad Idea
By Dr. John Sullivan TLNT August 19, 2015 Adding extraordinary benefits appears on the surface to be a generous move. I certainly support the practice, but corporate leaders need to realize that these extraordinary benefits can also, unfortunately, have many unintended negative consequences. There is a saying that “no good …
Read More »Preboarding Stops New Hires From Walking Away From Already Accepted Offers
What could be more frustrating than working for months interviewing and selecting the perfect candidate, only to have them not to show up on their first day of work? Unfortunately, it is becoming increasingly common for new hires to walk away from an offer that they have already accepted, or …
Read More »You Might Be Surprised How Much Commute Issues Hurt Hiring and Retention
As more firms adapt a data-supported approach to HR decision-making, new data is revealing that commute issues can have a major impact on hiring success and retention. Now you may have assumed that commute issues were an obscure factor with only a minor impact, but you would be wrong. You …
Read More »Not All Turnover Is Bad — Why Keeping Every Long-Tenure Employee May Be Overrated
This is “a think piece” — it is designed to cause you to rethink any preconceived notions that you might have that the retention of long-tenure employees is always a positive thing. As turnover rates for employees continue to increase, there seems to be an almost universal agreement among HR …
Read More »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 …
Read More »What’s Wrong With Retention Bonuses? Pretty Much Everything
In 30 years, I have yet to see a retention bonus retain, let alone motivate, anyone. – Kate D’ Camp, former VP of HR at Cisco Let’s face it: only a few people voluntarily spend any time thinking about the use of employee retention bonuses (ERBs). I wouldn’t either, except for the …
Read More »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 …
Read More »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 …
Read More »