Tag Archives: retention

WSJ Small Business Expert John Sullivan says that rising minimum wages can give small-business owners a chance to reassess productivity.  (Originally published in the WSJ Experts May 2, 2016 12:55 pm ET). If you’re among employers facing a higher minimum wage, instead of agonizing over rising payroll costs, consider using the …

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 …

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 …

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 …

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 …

  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 …

  When the Competition Is Trying to Poach Your Top Employee  September 29, 2015

Hiring managers and recruiters have a long history of rejecting “job jumpers.” And even today, 43 percent of employers won’t consider job jumpers, according to CareerBuilder. If you are not familiar with the term, a “job jumper” or “job hopper” is a recruiting prospect who has had short tenures with …

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 …

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 …