Expert insights. Personalized for you.
Diversity no longer means having a few representative people who look different from the majority of your workforce. Diversity today is a key driver of organizational financial performance, and we need to consider diversity of markets, customers, ideas, and talent. Turnover Data. MORE
BetterUp’s research shows that when companies enhance their employee experience, businesses directly benefit in the form of increased productivity, reduced turnover intentions, and higher job satisfaction. Employee engagement has often been viewed as the proxy for employee well-being. MORE
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 post The Psychology Behind Employee Retention appeared first on Kazoo. MORE
In 2015, the Harvard Business Review published tips on hiring for culture fit – less than a year later, the publication featured an article warning that hiring for culture fit can thwart a company’s diversity efforts. Diversity also impacts a company’s bottom line. MORE
Using Referrals to Improve Diversity Diversity has become an HR buzzword, thrown around in meetings and leveraged for positive PR, but what does diversity really mean? Legally, diversity refers to the age, socioeconomic background, gender, race and ethnicity differences in your workforce. Diversity sourcing, by extension, is a dedicated effort to attract, engage, and hire a diverse slate of candidates. Diversity begins and ends with your company culture. MORE
Improving employee retention. In the United States, employee turnover costs an estimated $160 billion , and losing one individual employee may come with a price tag of six to nine months’ worth of the person’s salary. Building a diverse workforce. MORE
But, the way the gender pay gap is framed by activists hurts the equal pay cause. These include flashy announcements on Equal Pay Day , and disingenuous reports of pay equity. Retention. Fair pay, raises and bonuses communicate that you value all employees equally. MORE
We also studied this topic and found that “high-recognition companies” have 31 percent lower voluntary turnover than companies with poor recognition cultures. Fair, inclusive, diverse work environment. Of course, a workplace should also be fair, inclusive, and diverse. MORE
Lack of Inclusiveness Equals Lower Employee Engagement. There is good reason why 69 percent of executives surveyed by Deloitte cited diversity and inclusion as a top priority. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five. MORE
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. MORE
There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Develop The Right Mix of Workforce Diversity. MORE
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. MORE
Recently, the Department of Labor reported that turnover is now at its highest level since 2008. Because a lot of executives don’t realize the tremendous cost of turnover: (e.g. Without data to understand problem areas and plan ahead, it’s no wonder retention efforts are failing. MORE
#MeToo Movement Sheds Light on Gender Diversity Gaps In Employer Brands. With more than 73% of global firms indicating that they have an equal-opportunity policy. plans will never achieve true gender diversity. Paid Less Than Peers for Equal or Greater Work. MORE
The healthcare industry is suffering due to under staffing and low employee retention rates. Healthcare facilities benefit from an employee’s long tenure, but retention is difficult for some facilities. Turnover rates and costs. annual turnover rate. MORE
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. MORE
The next generation of professionals working their way up the ranks are demanding more of employers when it comes to diversity and inclusion. Millennials are the most diverse generation in history : 59% identify as Caucasian, and 27% have immigrant backgrounds. There is a given expectation by them to see equal representation and opportunity at work, but that barely scratches the surface of how millennials see diversity evolving. Diversity vs. Inclusion. MORE
Many organizations have undergone significant changes in light of new employment regulations and more diverse, younger employees who demand modern HR departments. Here are three additional HR strategies your organization may be overlooking: Create a Retention Strategy. MORE
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. MORE
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). MORE
Efforts to increase diversity in our workplaces has been dismally slow over the last few decades, despite business initiatives, research and even expansions of the very definition of diversity. Most men, I know, want equality. MORE
I just read a post about how Facebook executives recently found the answer to increasing employee satisfaction and retention among their employees. Increased retention by continuing to provide the 30% Solution as part of the person’s ongoing personal development program. MORE
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. MORE
Offering incentives will boost morale, performance, and retention. . It’s beneficial to have diverse leadership. . They can boost all aspects of a business, including morale, productivity, and retention. . This means one thing- happy employees equal higher profits. MORE
A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. Management Performance Managemnt Retention & Turnover Talent Management MORE
Lack of Inclusiveness Equals Lower Employee Engagement. There is good reason why 69 percent of executives surveyed by Deloitte cited diversity and inclusion as a top priority. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five. MORE
There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Develop The Right Mix of Workforce Diversity. MORE
As more organizations introduce diversity metrics relating to recruitment, training, progression and pay, they will have more data to analyze – data that will yield valuable insights into patterns, trends and discrepancies between how female staff is treated compared with male counterparts. MORE
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. MORE
We’ve made some enormous progress in the last few years when it comes to the importance of diversity in the workplace. Also read: Workplace Inclusion, Diversity and Mentoring. Does diversity also make it easier to hold onto top talent long term? Employee turnover MORE
Thanks to the recent high-profile media focus, the issue of diversity has finally taken its place front and center of mainstream public interest and is being properly addressed in the workplace. We know bias in business undermines employee commitment, performance, and retention. MORE
In addition to the performance improvement percentage of new hires, this measure can be augmented with new-hire retention rates and the percentage of diversity hires in key jobs. However, weigh your turnover by their performance because losing top performers is much more expensive. MORE
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. Diversity in the workplace benefits. And execs know a diverse workforce (in age, race, religion, nationality, sexual orientation, and gender) brings diverse viewpoints and perspectives to the company; these elements can help you develop great new products and great new ways to cater to customers. MORE
A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. Management>Performance Managemnt Management>Talent Management Retention & TurnoverBuilding and sustaining an energized workforce that takes initiative requires creating an inspiring atmosphere. Some of the key features of such a workplace are: A creative work environment where employees are able to express themselves openly. MORE
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. MORE
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. MORE
Get Hppy
NOVEMBER 22, 2017
We’ve made some enormous progress in the last few years when it comes to the importance of diversity in the workplace. Also read: Workplace Inclusion, Diversity and Mentoring. Does diversity also make it easier to hold onto top talent long term? Employee turnover
Reflektive
JULY 10, 2017
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.
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Kazoo
OCTOBER 4, 2016
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 post The Psychology Behind Employee Retention appeared first on Kazoo.
Inpower Coaching
FEBRUARY 12, 2018
Efforts to increase diversity in our workplaces has been dismally slow over the last few decades, despite business initiatives, research and even expansions of the very definition of diversity. Most men, I know, want equality.
SocialChorus
MAY 15, 2019
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. Diversity in the workplace benefits. And execs know a diverse workforce (in age, race, religion, nationality, sexual orientation, and gender) brings diverse viewpoints and perspectives to the company; these elements can help you develop great new products and great new ways to cater to customers.
UpstartHR
MAY 15, 2017
Using Referrals to Improve Diversity Diversity has become an HR buzzword, thrown around in meetings and leveraged for positive PR, but what does diversity really mean? Legally, diversity refers to the age, socioeconomic background, gender, race and ethnicity differences in your workforce. Diversity sourcing, by extension, is a dedicated effort to attract, engage, and hire a diverse slate of candidates. Diversity begins and ends with your company culture.
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Zenefits
JULY 9, 2020
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.
Visier
JULY 5, 2018
There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Develop The Right Mix of Workforce Diversity.
HRsoft
OCTOBER 16, 2017
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.
Hospital Recruiting
OCTOBER 3, 2017
The healthcare industry is suffering due to under staffing and low employee retention rates. Healthcare facilities benefit from an employee’s long tenure, but retention is difficult for some facilities. Turnover rates and costs. annual turnover rate.
HR Morning
MAY 2, 2019
A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. Management Performance Managemnt Retention & Turnover Talent Management
|
SuccessFactors
JULY 23, 2018
Thanks to the recent high-profile media focus, the issue of diversity has finally taken its place front and center of mainstream public interest and is being properly addressed in the workplace. We know bias in business undermines employee commitment, performance, and retention.
Oracle HCM - Modern HR in the Cloud
DECEMBER 19, 2019
Diversity no longer means having a few representative people who look different from the majority of your workforce. Diversity today is a key driver of organizational financial performance, and we need to consider diversity of markets, customers, ideas, and talent. Turnover Data.
Linkedin Talent Blog
NOVEMBER 15, 2016
Recently, the Department of Labor reported that turnover is now at its highest level since 2008. Because a lot of executives don’t realize the tremendous cost of turnover: (e.g. Without data to understand problem areas and plan ahead, it’s no wonder retention efforts are failing.
BirdDogHR
JULY 18, 2017
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.
HR Daily Advisor
DECEMBER 12, 2017
In 2015, the Harvard Business Review published tips on hiring for culture fit – less than a year later, the publication featured an article warning that hiring for culture fit can thwart a company’s diversity efforts. Diversity also impacts a company’s bottom line.
Linkedin Talent Blog
OCTOBER 31, 2018
I just read a post about how Facebook executives recently found the answer to increasing employee satisfaction and retention among their employees. Increased retention by continuing to provide the 30% Solution as part of the person’s ongoing personal development program.
HR Morning
MAY 1, 2019
A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. Management>Performance Managemnt Management>Talent Management Retention & TurnoverBuilding and sustaining an energized workforce that takes initiative requires creating an inspiring atmosphere. Some of the key features of such a workplace are: A creative work environment where employees are able to express themselves openly.
Visier
JULY 14, 2016
There are a few areas where technology companies commonly struggle to improve when it comes to their people: Recruitment, Workforce Diversity, Retention, and Strategic Workforce Planning. Develop The Right Mix of Workforce Diversity.
Blu Ivy Group
MARCH 16, 2018
#MeToo Movement Sheds Light on Gender Diversity Gaps In Employer Brands. With more than 73% of global firms indicating that they have an equal-opportunity policy. plans will never achieve true gender diversity. Paid Less Than Peers for Equal or Greater Work.
Linkedin Talent Blog
SEPTEMBER 13, 2016
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.
Achievers
NOVEMBER 13, 2019
Improving employee retention. In the United States, employee turnover costs an estimated $160 billion , and losing one individual employee may come with a price tag of six to nine months’ worth of the person’s salary. Building a diverse workforce.
SuccessFactors
MARCH 8, 2018
As more organizations introduce diversity metrics relating to recruitment, training, progression and pay, they will have more data to analyze – data that will yield valuable insights into patterns, trends and discrepancies between how female staff is treated compared with male counterparts.
BetterUp
AUGUST 19, 2019
BetterUp’s research shows that when companies enhance their employee experience, businesses directly benefit in the form of increased productivity, reduced turnover intentions, and higher job satisfaction. Employee engagement has often been viewed as the proxy for employee well-being.
Workable
APRIL 26, 2017
But, the way the gender pay gap is framed by activists hurts the equal pay cause. These include flashy announcements on Equal Pay Day , and disingenuous reports of pay equity. Retention. Fair pay, raises and bonuses communicate that you value all employees equally.
Achievers
OCTOBER 2, 2018
Lack of Inclusiveness Equals Lower Employee Engagement. There is good reason why 69 percent of executives surveyed by Deloitte cited diversity and inclusion as a top priority. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five.
Women of HR
SEPTEMBER 10, 2015
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.
Achievers
MARCH 20, 2018
Many organizations have undergone significant changes in light of new employment regulations and more diverse, younger employees who demand modern HR departments. Here are three additional HR strategies your organization may be overlooking: Create a Retention Strategy.
Achievers
OCTOBER 2, 2018
Lack of Inclusiveness Equals Lower Employee Engagement. There is good reason why 69 percent of executives surveyed by Deloitte cited diversity and inclusion as a top priority. Moreover, the average annual employee turnover rate is 19 percent, or almost one out of five.
Fond
MAY 7, 2020
Offering incentives will boost morale, performance, and retention. . It’s beneficial to have diverse leadership. . They can boost all aspects of a business, including morale, productivity, and retention. . This means one thing- happy employees equal higher profits.
Visier
JUNE 21, 2016
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.
Bersin with Deloitte
APRIL 23, 2018
We also studied this topic and found that “high-recognition companies” have 31 percent lower voluntary turnover than companies with poor recognition cultures. Fair, inclusive, diverse work environment. Of course, a workplace should also be fair, inclusive, and diverse.
Achievers
DECEMBER 4, 2019
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.
Visier
MARCH 30, 2017
In addition to the performance improvement percentage of new hires, this measure can be augmented with new-hire retention rates and the percentage of diversity hires in key jobs. However, weigh your turnover by their performance because losing top performers is much more expensive.
Digital HR Tech
OCTOBER 8, 2018
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).
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