The silliest practice in retention is counting all quits equally in your turnover calculations. Descriptors… retention/good turnover – eye-opening – how to – data-rich – 4 min. scan Understanding The Different Amounts of Business Impact From Each Category Of Turnover It’s a common practice to lump all employee turnover into …
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All Turnover Isn’t Equal… And “Devastating Turnover” Produces The Most Damage (Prioritizing devastating turnover)
The silliest practice in retention is counting all quits equally in your turnover calculations. So the purpose of this article is to “open your mind” about the problem of measuring only aggregate “total turnover. ” And why you must begin measuring, prioritizing, and focusing on the most damaging category of …
Read More »Most Don’t Rate HR As Strategic – Here’s Why (Outside the box actions for making HR strategic)
Not once in our history has HR convinced a majority of our business leaders that we were strategic. Yes, despite the fact that I’ve never met an HR leader who didn’t continually talk about becoming strategic. New survey data reveals that all of that talk hasn’t translated into results. And …
Read More »Opposition Research Improves Employer Branding, Recruiting And Retention (So that you win more side-by-side employer comparisons)
Firms compare their products to their competitors, so also make it easy to compare jobs side-by-side. Win Most Employer Comparisons By Weaponizing Opposition Research Making stark side-by-side comparisons may be uncommon in recruiting, but they are a standard practice throughout business, especially during these times of fierce business competition. Most …
Read More »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 »Assess Your Talent Competitiveness – And Learn If Your Takeaway/Giveaway Score Is Positive? (This most powerful under-reported strategic talent metric reveals your net talent gain.)
CEOs are fierce competitors who expect you to win literally every talent battle against top firms. And because CEOs see everything through an “Us against them” lens. Their desire to win every time extends beyond product competition and into talent. However, to CEO’s, not all talent battles are equal. The …
Read More »Talent Lessons From The Super Bowl – Prioritization Leads To Excellence (Allocating resources to high-impact areas will improve your results)
I’ve found that the highest impact transferable practice from the NFL to business is prioritization. And if you’re not familiar with the concept, when something receives a higher priority. The organization places a laser focus and narrowly targets an area where allocating more resources is essential in order to be …
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 Effective Retention Tool… Is An Employment Contract (Eliminate turnover among your targeted employees)
Few know that the sports and entertainment industries have essentially ended key talent turnover. And because corporate retention is currently at a record low, it makes sense for corporate talent managers to more closely consider their approach, which reduces voluntary turnover to near zero. This “most effective” retention tool that …
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: …
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