Trauma from COVID-19, travel bans, broken supply chains, and new TA tech will all contribute to upcoming recruiting cutbacks. So don’t wait, ask “What have I done to increase my value and job security?” I’m not trying to be alarmist; strategic recruiting leaders always plan for the inevitable up-and-down cycles …
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[Webinar] HR Metrics for Measuring the Impact of Turnover: Tips on How Managers Can Encourage Retention
WEBINAR SNAPSHOT: You’ll learn the negative business impacts that occur as a result of employee turnover and how to get managers to take action identifying the factors that show that an individual team member is likely to leave—and how to use simple and intuitive tools to easily reduce their turnover rates …
Read More »Why Your Employee Turnover Is Exploding – Explained By the Numbers
Note: This “think piece” is designed to get you to completely rethink your approach to retention. Turnover rates are the highest in a decade and your retention numbers aren’t likely to improve until you shift to a data-driven retention approach. This article will explain using numbers why so many firms …
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, …
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 …
Read More »The Top 10 Strategic HR and TA Metrics That CEOs Want to See
Unfortunately, most of those who create metrics in HR and recruiting don’t really understand the strategic mindset of CEOs. And, as a result, the metrics that are reported to CEOs and the executive committee result in no positive action being taken. That is because CEOs are laser focused on the …
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 …
Read More »13 Ways Measuring Quality of Hire Will Positively Impact Your Business
If you are a recruiting leader who has had doubts about the need for measuring your firm’s quality of hire or if you have had difficulty building a business case to convince others of its economic value, this is the article for you. Rather than spending a lot of time …
Read More »Getting Managers To Take Action On Turnover … By Using Heat Maps And Dollar Impacts
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 …
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 …
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