Remove Diversity 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.

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. 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.

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

UpstartHR

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.

KPIs Alone Will Not Fix The Diversity Problem

SuccessFactors

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.

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

HR Daily Advisor

Employees who are good culture fits are those who mesh well both professionally and personally – the idea being that a team of employees who believe in your company mission and get along well enough to grab post-work drinks together will be more productive.

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

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. Develop The Right Mix of Workforce Diversity.

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

Visier

While the race to out-innovate with new ideas and products fuels the technology industry at large, the competition between companies is fought most pervasively as on the talent front lines. Develop The Right Mix of Workforce Diversity.

5 Biggest Challenges for HR Leadership Teams

Achievers

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.

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.

Healthcare’s Challenging Relationship Between Onboarding and Employee Retention

Hospital Recruiting

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.

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? For example, in our research we found that the relationship between EX and productivity was six times higher than for engagement alone.

Motivating employees to higher performance

HR Morning

A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. A recent study found that employees who are happy are 12 percent more productive than those who aren’t.

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. Because a lot of executives don’t realize the tremendous cost of turnover: (e.g. And, the cost of each employee who walks out the door is $100,000 worth of product.

3 HR Strategies You May Have Overlooked

Achievers

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.

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.

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.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers

In fact, the Gallup News article cited above notes that organizations could experience 44 percent less absenteeism and 16 percent higher productivity if they give their workers a chance to learn and grow on the job. Lack of Inclusiveness Equals Lower Employee Engagement.

Becoming Simply Irresistible: Positive work environment

Bersin with Deloitte

Flexibility also means offering a workspace that accommodates different modes of work, including a focus on productivity, innovative space (often called creative space), exercise, outdoors, and passion activities. Fair, inclusive, diverse work environment. Part 3 of 5.

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.

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).

Motivating employees to higher performance

HR Morning

A collaborative and cross-functional workforce where diversity is cherished. Happiness equals productivity. A recent study found that employees who are happy are 12 percent more productive than those who aren’t. Management>Performance Managemnt Management>Talent Management Retention & TurnoverBuilding and sustaining an energized workforce that takes initiative requires creating an inspiring atmosphere.

Becoming Simply Irresistible: Positive work environment

HR Times

Flexibility also means offering a workspace that accommodates different modes of work, including a focus on productivity, innovative space (often called creative space), exercise, outdoors, and passion activities. Fair, inclusive, diverse work environment. Part 3 of 5.

Three Tips To Help Managers Understand Their Employees

SuccessFactors

But equally important are in-depth discussions with people across the organization who have diverse perspectives on employees and their work. But avoiding turnover is just one of the reasons why it makes sense to invest emerging into getting to know employees at a deeper level.

13 HR Stats That Will Make You Lose Sleep This Halloween

Achievers

In fact, the Gallup News article cited above notes that organizations could experience 44 percent less absenteeism and 16 percent higher productivity if they give their workers a chance to learn and grow on the job. Lack of Inclusiveness Equals Lower Employee Engagement.

The Top 10 Strategic HR and TA Metrics That CEOs Want to See

Visier

So, if your metrics don’t directly and unambiguously cover strategic goals like increasing revenue, productivity, or innovation, they simply won’t drive executives to act. This metric is widely accepted by CFOs as the standard workforce productivity metric.

Top Workforce Challenges and Trends Impacting the Healthcare Industry in 2020

Achievers

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.

Thirst for Knowledge

HRO Today

The study found that employees are eager for more frequent, diverse training. This suggests that investment in L&D from recruitment to leadership benefits the bottom line and can help organizations improve employee engagement, satisfaction, and retention.

Five Powerful Ways Your HR Team Can Leverage Big Data

SuccessFactors

Big Data also has an affect on existing staff; for example, by learning what increases and decreases productivity, work processes can be adjusted. Analyzing various internal surveys can help HR understand what improves retention.

Data 70

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 254

Making Data-driven Decisions with HR Reporting - Sapling Blog

Sapling

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.

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. Diversity. Embracing diversity in the workplace is another common characteristic of successful businesses.

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 247

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. For Employees For Employers employee benefits employee retention financial wellness

How to Optimize Workplace Conversations for Better Business Success

Reflektive

Such meetings build relationships between managers and workers, increase trust, and when used in combination with the advice given below, increase productivity, retention rates, and business success. This is especially important when you work in a diverse workforce. While this advice applies equally to employee and manager, it’s especially important for managers to remain objective during performance reviews.

Hidden Talent: Best Practices for Recruiting People with Disabilities

CakeHR

The culture you’re promoting needs to be founded on transparency and honesty, as well as equality in order for your recruits to feel welcome and as a part of the brand. Create different diversity training programs and materials for your employees.

11 Reasons You Should Work at Women-led Companies

CakeHR

It also revealed that women-led companies were much more effective at inspiring belief in their services and products, resulting in employee engagement that doesn’t compare to male-led companies. Employee turnover is much lower. Diversity is good for everybody and every company.

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