When many organizations are faced with the need to cut labor costs, the approaches taken are generally unscientific and poorly researched. Many simply do what other organizations acting before them have already done. The decision-making seems almost whimsical, with the final option selection process akin to throwing darts. The end …
Read More »Search Results for: Hire to hurt
Speeding Up Rotations and Internal Movement for Development, Retention, and Profit (Part I)
There is little argument that job rotations, stretch assignments, and other forms of internal movement are some of the most effective development and retention tools available. While world-class organizations aggressively manage deployment for development purposes regardless of the economic state, such programs become universally popular when economies turn sour. When …
Read More »Do You Have A Recruiting Turnaround Plan That Will Allow You to Explode Out of the Box?
Everyone knows that recruiting is currently in a down cycle, but there is no doubt firms will again need to recruit significantly to fuel growth and replace aging workers. But do you have a plan that will enable you to explode out of box immediately as the downturn ends? If …
Read More »Not All Employee Turnover Is Bad — Celebrate “Losing the Losers”
It’s hard to find a more misunderstood and mismanaged human resource area than employee turnover. Executives are constantly sounding off about how “bad” employee turnover is, but in some cases, employee turnover is actually a positive thing. Imagine, for example, that you had a poor-performing worker like Homer Simpson. If …
Read More »Employee Furloughs Can Be a Bad Alternative to Layoffs
You can’t read a newspaper these days without reading about organizations that are implementing employee furloughs in order to save money and to avoid layoffs. They might seem like a good idea but they might end up not saving money at all and could cause more turmoil than they are …
Read More »The Economic Downturn Means That Hiring Freezes Will Soon Decimate Recruiting
A) Negative impacts on revenue and costs Obviously, not expanding your staff or keeping open positions vacant can save payroll dollars in the short term. However, such savings may actually present a false reality because freezes have many other unintended consequences that CFOs often fail to account for: Lost revenue. …
Read More »Updating Your Employee Referral Program ERE Community Q&A Part 2 of 5
How do you ensure that you are getting quality referrals and aren’t just talking with people who aren’t the top talent and may never be a fit for the company? Almost all “first generation” referral programs suffer from low-quality referrals, primarily because they are not designed to produce anything but. …
Read More »Using a Contingent Workforce Strategy to Avoid Layoffs
When economic times are volatile and businesses are facing a downturn in revenue, many CFOs turn their attention to cost-containment. A logical place to start cutting costs is labor, given that in many industries labor costs account for an average of 60% of all variable costs. The volatility in the …
Read More »Get Paid To Sell Your Boss: More Outrageous Recruiting
Without a doubt, one of the worst things people have to endure sometime during their career is the pain of working under a horrible boss. Up until now, as an employee under the thumb of a horrible manager, there was little you could do to rid yourself of their tyranny. …
Read More »Aggressive Talent Poaching in Bathrooms and Parking Lots
Ever since the unsolicited offer by Microsoft to buy Yahoo, recruiters have been literally “circling” Yahoo in a manner that would have to be labeled as aggressive even by Silicon Valley standards. The tactics vary from the relatively tame practice of “cold calling” into Yahoo in order to find nervous …
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