Remove Company Remove Diversity and Equality Remove Productivity Remove Retention and Turnover

Without Retention, Diversity Efforts Fall Short

Reflektive

Building diversity in the workplace is an initiative HR leaders cannot afford to miss. Companies with diverse workforces are proven to deliver higher performance and greater innovation. Therefore, many technology companies are directing large sums of money to increase internal diversity metrics and cultivate a broader pipeline of minority candidates. Despite investment in equal-opportunity hiring practices, diversity numbers are unimpressive Click To Tweet.

The Psychology Behind Employee Retention

Kazoo

And yet, do a Google search for “ employee retention ” and you’ll find dozens of articles stating what we’ve known for generations: people want more than just money to find meaning in their work. The time you spend with your best is, quite simply, your most productive time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

15 Ways to Improve Diversity and Inclusion in the Workplace

SocialChorus

Mention diversity in the workplace and you’ll generally get a positive response from executives. That’s because most of them understand the many benefits of a diverse workforce. They know 1) innovation and 2) terrific customer service are two key ways any company can stay competitive in tough markets and show consistent revenue growth. Diversity in the workplace benefits. A diverse workforce, however, is just the first step. How diverse is your executive team?

Employee Referrals: A Players, Diversity Hiring, and Key Benefits

UpstartHR

But the truth is that many companies phone it in when it comes to referrals, often leaving them with lackluster results. And our own data at Lighthouse Research says that more than 80% of companies believe that referrals are important for measuring sourcing performance. Many employees have not had the opportunity to work at a company with a great culture. Legally, diversity refers to the age, socioeconomic background, gender, race and ethnicity differences in your workforce.

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. When companies fail to improve in these areas, it doesn’t just affect their workers — it jeopardizes business results as well.

Employee Turnover: A Major Challenge in Today’s Workforce

HRsoft

Workforce challenges vary by industry, location, and other differentiating factors, but rising employee turnover rates affect virtually all employers. Here, we’ll take a look at why turnover is such a significant issue in today’s workforce.

Creating a Diversity and Inclusion Statement for Your Business (With FREE Workbook)

Zenefits

If your business doesn’t already have a diversity and inclusion statement for your business, you should. When you define your commitment to diversity and inclusion, it directs the company to achieve. Download a FREE Diversity and Inclusion Workbook here.

8 Things You Need to Fix to Increase Employee Retention

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. Because a lot of executives don’t realize the tremendous cost of turnover: (e.g. our turnover was 18% last year).

Innovative HR and Why Technology Innovators Can’t Survive Without It

Visier

As a tech company, we experience first hand the challenges faced by HR and business leaders in the hyper-competitive tech talent market. When companies fail to improve in these areas, it doesn’t just affect their workers — it jeopardizes business results as well.

11 Reasons You Should Work at Women-led Companies

CakeHR

So, when we see great stories on women leading companies to success, we can only be glad. Now, with this rise in women-led companies, various studies have proven that they tend to perform much better. This is exactly why women-led companies might be the best route to follow.

When Hiring for Culture Fit, Make Sure You Aren’t Sacrificing Diversity

HR Daily Advisor

Finding an employee who is a good match for your team is essential – but looking exclusively for people who blend with your company’s culture may do more harm than good. Subconscious bias is particularly damaging in industries with already low diversity levels.

7 Reasons Your Employee Retention Efforts Are Failing, and What You Can Do About It

Linkedin Talent Blog

The Department of Labor reports that employee turnover is now at its highest level since 2008. However, it’s a fact that most corporations spend more time on product inventory turnover than they do on employee turnover, even though employee turnover often has a much higher impact.

5 Biggest Challenges for HR Leadership Teams

Achievers - Recruiting

Absenteeism costs the country’s employers about $225 billion annually , and that’s only the amount from lost productivity. Improving employee retention. Building a diverse workforce. Brainstorm new strategies to hire diversity of thought in your organization.

Construction and Diversity: Are You Being Left Behind?

BirdDogHR - Recruitment

Construction and Diversity: Are You Being Left Behind? The article advocates for diversity as a way to broaden the workforce and ensure that everyone who can work, is. Diversity is an answer to the skills gap , and will create an applicant pool with varied talents and backgrounds.

Paternity Leave: Does Your Company Offer It?

HR Daily Advisor

It can even be argued that it is a matter of equality—all parents should be able to have the option to take time off after the birth or adoption of a new family member. Such a policy promotes gender equality, in and out of the workplace. FMLA benefits business productivity

3 HR Strategies You May Have Overlooked

Achievers

Manage company benefits ?. Many organizations have undergone significant changes in light of new employment regulations and more diverse, younger employees who demand modern HR departments. As a result, the decisions that departments make must reflect goals that the company has set.

Announcing the Employee Experience Index: Why Moving Beyond Engagement is Essential

BetterUp

But, is employee engagement the best construct that employers should use to positively impact productivity and performance? In reality, people today want to work for a company that enables them to bring their full selves to the job.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers

People are the engine that drives your company’s profits, and if you’re not recognizing employees effectively , the financial fallout can be a real-life nightmare. Many Employees Don’t Think Their Company Serves Customers Well. Lack of Inclusiveness Equals Lower Employee Engagement.

Why Uber, Google, and Other Companies Failed to Address Workplace Harassment

Rallyware for Human Resources

Particularly, many companies haven’t yet provided effective workplace harassment training, preventing their employees from fully comprehending this issue with must-attend annual seminars. Harassment issues have a profound, negative impact on a company in general, not just affecting the individuals in question. Companies are still inefficient at taking steps towards addressing workplace harassment issues. Harassment incidents that disrupted Google, Uber, and other companies.

Women, The Workplace, and Capacity

Women of HR

But things that must be said bear repeating, and it’s time for me to repeat myself: women and their equal pay and progression in the workplace is a serious problem for capacity. Think about your turnover rate. The article goes on to explain that a lot of companies want to know why they’re not making progress, that since middle management looks pretty thick with gender diversity they must be doing something right. Add in recruiting costs and lost productivity.

HR Advice for Small and Medium Businesses

HR Partner

In small and medium businesses, it seems that company culture is not given the attention it deserves and this is a big area of focus for HR consultants. The culture and leadership within a business have big implications for employee output, innovation and of course, employee turnover.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers - Recruiting

People are the engine that drives your company’s profits, and if you’re not recognizing employees effectively , the financial fallout can be a real-life nightmare. Many Employees Don’t Think Their Company Serves Customers Well. Lack of Inclusiveness Equals Lower Employee Engagement.

6 Employee Rewards Ideas for Blue Collar Workers

Fond

Companies are now aware of the benefits that rewarding employees can bring. Offering incentives will boost morale, performance, and retention. . As labor costs increased, companies exported manufacturing jobs overseas. . German companies encourage students to take up these jobs.

Employees Stay 41% Longer at Companies That Use This Strategy

Linkedin Talent Blog

And companies that help employees do those things reap the benefits. LinkedIn’s Global Talent Trends 2020 report found that employees stick around 41% longer at companies that regularly hire from within. This opportunity goes untapped at many companies.

Overcoming the Manager Divide: How HR can Accelerate the Path to Gender Pay Equity

Visier

Although significant progress has been made in employers proactively pursuing policies of equal pay for equal positions, this alone will not close the gap: gender equity is a complex and systemic issue that requires action on many fronts. Boosting morale and worker productivity.

How Company Culture Affects Human Resources [SLIDESHARE]

SAP Innovation

Every year, we hear of these great companies that work hard to be the best possible employer they can be. All those companies seem to be the cream of the crop within their industry and do their best to keep employees happy. What is company culture? Company culture and HR.

Top Workforce Challenges and Trends Impacting the Healthcare Industry in 2020

Achievers - Recruiting

In order to maintain the high level of patient care that many healthcare organizations aspire to, both employee recruitment and retention must become a priority. From an HR standpoint, increased employee burnout also leads to a spike in turnover rates.

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

Analyzing Big Data helps businesses get better insights, understand processes within the company, make important business decisions according to patterns found in research and analysis, and plan strategic business moves. The term “Big Data” seems mysterious to many HR organizations.

Data 68

3 Must-Read Digital HR and HR Tech Articles of September 2018

Digital HR Tech

The top articles of September feature a business case for onboarding automation, an article on the pipeline opportunity for diversity in tech, a piece on the importance of hiring for soft skills, and a video with our experts explaining what excites them about Organizational Network Analysis (ONA).

Thirst for Knowledge

HRO Today

As the labor market tightens and the skills gap for highly technical roles widens, companies need to find new ways to secure the capabilities they are lacking—without having to completely re-staff. The study found that employees are eager for more frequent, diverse training.

Making Data-driven Decisions with HR Reporting - Sapling Blog

Sapling

Company culture. Diversity and inclusion. Employee retention. Turnover rate: Track your turnover rate over time to find patterns, identify potential issues, and plan for backfilling positions. These insights can help you improve employee retention.

An In-Depth Look at HR’s Role in Employee Engagement

KeenAlignment

The human resources department, colloquially referred to as HR, should be at the center of a company’s efforts to improve employee engagement. By discovering and implementing the top drivers of engagement in your company and cultivating a culture that excels in those areas.

Becoming Simply Irresistible: Positive work environment

HR Times

At one of the largest telecommunications providers in Asia, the company’s “All Roles Flex” policy is an example of flexibility. At this telecommunications and media company, any role is eligible for some virtual or remote work by default. Fair, inclusive, diverse work environment.

Your Cheat Sheet: How To Attract and Retain Top Talent

Best Money Moves

Providing a best-in-class employee financial wellness program increases engagement and productivity while reducing unexplained absences, turnover, and ultimately, healthcare costs. Is your company expanding but leaving women and minorities behind?

Influence Your CEO With WOW And OW! Talent Data

Visier

Let’s start with an illustrative example: You report your standard turnover metric – that your salesforce turnover rate is 20%. And when you convert the metric to its dollar impact – such as turnover reduced our sales revenue by $2.3 Innovation… plus productivity.

Data 242

How to Optimize Workplace Conversations for Better Business Success

Reflektive

And, as our recent research shows , companies have a lot to lose when this circumstance occurs; 85% of American professionals would at least consider leaving a job after an unfair job review. This is especially important when you work in a diverse workforce.

How to Optimize Workplace Conversations for Better Business Success

Reflektive

And, as our recent research shows , companies have a lot to lose when this circumstance occurs; 85% of American professionals would at least consider leaving a job after an unfair job review. This is especially important when you work in a diverse workforce.

3 Ways Purpose Driven Organizations Increase Employee Engagement

Get Hppy

Purpose-driven companies often have higher levels of employee engagement, which leads to increased productivity, loyalty, and lower turnover. Many companies invest heavily in their employees in the form of professional development. Diversity.

How to Optimize Workplace Conversations for Better Business Success

Reflektive

And, as our recent research shows , companies have a lot to lose when this circumstance occurs; 85% of American professionals would at least consider leaving a job after an unfair job review. This is an important habit for companies to encourage, so that the annual performance review is set in a much more meaningful context for employees. This is especially important when you work in a diverse workforce. Link Company Objectives to Employee Goals.

Influence Your CEO With WOW And OW! Talent Data

Visier

Let’s start with an illustrative example: You report your standard turnover metric – that your salesforce turnover rate is 20%. And when you convert the metric to its dollar impact – such as turnover reduced our sales revenue by $2.3 Innovation… plus productivity.

Data 234