Mon.Aug 27, 2018

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Shocking Employee Turnover Statistics

Reflektive

We all know that employee turnover is a problem, but just how of a big of a problem is it? How much does turnover cost companies? And what are the main causes? Prepare to be shocked: SEE ALSO: How to Effectively Change Performance Management. The High Cost of Turnover. A Gallup report found that 21% of Millennial workers say they’ve changed jobs within the past year—a percentage that’s three times higher than non-Millennials.

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4 Low-Cost Ways to Develop Your Team’s Soft Skills

The People Equation

Leaders are often reminded “what’s inspected gets done.” While this adage is typically applied to measurable task-related behaviors such as productions goals, it’s also relevant for human elements of the workplace like interpersonal skills. As artificial intelligence makes further inroads into your daily work as a leader , you need to pay attention to soft-skill development because these uniquely human skills are what will differentiate your team members from the bots.

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The Affordable Care Act, and Why You Can’t Afford to Ignore It [UPDATE]

ACA Times

5 minute read: It’s always interesting to look back and see how the contours of a law changes in time. The Affordable Care Act (ACA) is no exception. I wrote a five-part series about the ACA for “Construction Business Owners Magazine” in 2015. I found it interesting to revisit these articles. I share this first article in that series, with some updates, to provide some perspective on the ACA for those of you who are involved with ACA compliance.

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should I push back against getting annual bonuses instead of raises?

Ask a Manager

A reader writes: My workplace wants to start giving out annual profit share bonuses in lieu of salary raises. Basically, the base bonus (which is based on how well the company does that year) would be multiplied by the number of years someone is there (so for the sake of simple math, if the base bonus is $500, then it would $1k for 2-year employees, $1.5k for 3-year employees, $2k for 4-year employees, and so on).

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Automate Your Onboarding Process In 7 Steps

Efficient employee onboarding is more than a warm welcome—it's a catalyst for business growth. Automated onboarding transforms new hires into productive team members faster, fostering long-term satisfaction and talent retention. For HR, automation means replacing inefficient manual processes with streamlined, cost-effective operations. Our eBook reveals how automating employee onboarding delivers these benefits, reducing HR challenges and elevating new employee readiness.

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Finding locals to allow a geo-data firm to stay global

360HR

Recruiting the right Data Specialist is never a walk in the park. The field is hugely diverse and changes rapidly. What’s more, a new subset within this profession has recently arisen: Geospatial Data Specialists. One of the leading consultancies focused on reducing the cost and complexity of uncovering geospatial insights is 1Spatial. However, the Australian subsidiary of this global tech house recently faced a critical brain drain: they required a new Managing Director and a new Senior Consul

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More Trending

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Want to Create a More Inclusive Workplace? Try These 7 Tips

Justworks

Diversity and inclusion (D+I) come as a package — you can’t have one without the other. But sometimes, organizations implementing diversity and inclusion programs put an unequal emphasis on the “diversity” part and forget about the “inclusion” part. It’s easy to think that the inclusion piece will simply just happen, because we’ve built workforces with inherently good people.

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HR Passion Series #10: Featuring Craig Dameron, Manager, Compensation North America at McCain Foods

Kazoo

Monday is a happy day when we get to hear esteemed HR Practitioners share their advice and experiences for the purpose of growing, equipping, and inspiring the community. With a different guest every week, we’re always gaining new perspectives, insights, and answers. The participants of the HR Passion Series are successful, hardworking individuals who have a passion for people and HR and are excited to share what they’ve learned over the years.

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The Best Tips for Future-Proofing Your Business

Hppy

In a fast-paced business world, successfully future-proofing your business can be a strategic move to stay ahead of challenges and allow you to embrace opportunities as they arise. Too often, a lack of strategic vision and an ill-planned company culture can stop businesses from keeping pace with change and achieving desired outcomes. Also read: How to Help Your Employees Prepare for the Future.

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HR, We Have A Problem: Up To 80% Of Employees Don’t Trust Us

TLNT: The Business of HR

Building employee trust is a cornerstone of HR’s values. So, everyone in HR should pay immediate attention when they learn that in excess of 70% of employees working at each of the top 4 most valuable firms in the US report that they “Don’t trust HR.”.

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Modernizing Hiring: The Rise of Contingent Recruitment in 2024

The job market is changing fast, and to stay ahead, your hiring strategy needs to be flexible. With recent economic shifts, more companies are turning to contingent workers for their adaptability and cost savings. In fact, 32% of businesses are already prioritizing contingent over traditional full-time positions. Curious to learn more? In our new guide, you'll discover: The major benefits of incorporating contingent workers into your team.

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The Outdated Talent Acquisition Tactics You Need to Forget

Spark Hire

You head into the office excited for the day. Your schedule is filled with candidate interviews, and you know you’re going to find the right person. But, after meeting with your first candidate, who was completely different from their resume, you get a bit worried. By the end of the day, you realize that no one is right for the position. What went wrong?

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5 Ways To Reward Your Team With Perks That Don’t Cost The Earth

6Q

Particularly if you run a small business, finding ways to compensate your staff members for their hard work can be quite challenging. In ideal circumstances, you’d dish out bonuses, spa days, free TVs, seven-course meals and luxury work trips overseas — but when your budget is already stretched pretty far, that kind of option is off the table. Instead of running up a bill, you need to get creative in showing your appreciation.

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what does it mean to manage up?

Ask a Manager

Most people get annoyed or frustrated with their boss at some point, even when that boss is a good manager. Maybe your manager isn’t responsive enough to email, or she cancels meetings at the last minute, or she changes her mind after you thought a decision had been made—or you might be dealing with another grade of problems altogether, such as a boss who is a bona fide wimp or tyrant.

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The Average Fortune 200 CHRO is 54 Years Old.

The HR Capitalist

That age means your average Fortune 200 CHRO is Half Boomer, half Gen-X. . More stats on Fortune 200 CHROs from a great piece of research from Mark Effron and the Talent Strategy Group : -- Tenure of Chief Human Resources Officers Is Low : The average tenure for a Fortune 200 Chief Human Resources Officer is less than five years. The CHRO’s tenure in role is 35% less than the CEO counterparts. -- CHRO Succession Planning Needs Improvement : 68% of Chief Human Resources Officers were hired intern

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The Essential Performance Review Checklist

Performance reviews are a proactive way to engage with your employees, provide clear communication about expectations, and acknowledge them for their hard work. But getting the right framework and creating consistency across your organization can be tricky. We put together this checklist to help you evaluate your current performance review process and equip managers with the right tools to perform individual assessments.

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HR Florida: 40 Years of HR Changes and Growth

Trish McFarlane

As I sit in the audience of the opening of HR Florida, I am reflecting on my twenty one years in Human Resources. Why? HR Florida Conference and Expo is celebrating their 40th anniversary. The event began with a retrospective on music, entertainment, and technology from the past forty years. They wove in how our profession has grown and changed over these forty years.

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Want to be a Better Leader? Identify Your Blind Spots.

Root

If you think the marketing world is trying to pull one over on you today, then you need to pull up some old school ads. Boy oh boy, we were blind to the fact that folks were trying to sell us on some completely horrific products! For starters, there’s the ad that promoted “cocaine toothache drops for kids.” Yup, that is exactly what the ad said. It ran in the 1890s and proposed an instant cure for children for only 15 cents.

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How to celebrate National Payroll Week at your organization

Ceridian

Getting paid wouldn’t be possible without the people who make it happen. NPW is a great opportunity to celebrate your payroll professionals, and educate your employees about one of the most critical areas of your business. Here are some tips for planning your own NPW celebrations.

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10 Golden Rules for a Discreet Job Search

GetFive

While it's not always possible, typically the best time to look for a new job is while you are still employed. That means you have no break in employment and simply bridge from one position to the next. However, this should be done thoughtfully, to avoid tarnishing your professional reputation. You don't want to upset your current employer while seeking your next one.

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An HR Leaders Guide: 7 Questions To Ask When Developing Your Cancer Strategy

As HR and Benefits leaders are in the midst of evaluating cancer care solutions and designing their requirements for vendors, it’s key to know what questions to ask to ensure the development of a truly comprehensive strategy: from prevention to diagnosis to treatment to survivorship. Getting to the right answers starts with asking the right questions: How can better access improve engagement?

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My Top Job Boards for 2018

Workology

As of July 2018, according to the Bureau of Labor Statistics, the unemployment rate for the nation was at 3.9 percent (seasonally adjusted). With a pretty low unemployment rate, talent acquisition. Workology is the art and science of work, HR and recruitment. Join the resource revolution.

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Study Shows How Technology is Impacting the Workforce and Employers

Extensis

Randstad US recently conducted a survey which sought to uncover how businesses today can best use technology to meet the expectations of today’s workforce.

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How Unconscious Bias Almost Killed My Friend

Evil HR Lady

My friend Leesha almost died due to unconscious bias against obese women when her doctors dismissed her extremely high blood pressure as simply nerves for being in the hospital. Leesha went to see her doctor, complaining of shortness of breath and tachycardia (an abnormally high heart rate). She also has a history of blood clots (due to a genetic disorder) that have almost killed her multiple times.

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Ghosting Tales: a Mini-Series – Part 1

HR Daily Advisor

In a recent article we explored the concept of ghosting, where an applicant that would have been a good fit and maybe even has accepted an offer just vanishes without a word. Thanks to a collaboration with recruiters at Addison Group , we have a special three-part series. Each part will include one ghosting tale. If you have your own tales, feel free to share them in the comments!

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AI & DEI: With Great Opportunities Comes Great HR Responsibility

Speaker: Jen Kirkwood - Partner, Responsible HR & AI at IBM and World Economic Forum Executive Fellow

The promise of AI for today’s organizations is real, yet in a frenzied state of experimentation, many stumble to get to a full-scale enterprise. As companies race to discover what generative AI can do, HR must lead conversations about how to balance cutting-edge innovations with integrity, trust, and diversity. Globally, organizations are at a critical intersection of Diversity, Equity, Inclusion, and AI acceleration.

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How One Company Is Helping Employees Cope With Caregiving

TLNT: The Business of HR

As a parent, daughter and human resources director, payroll and benefits for Boston Private , I understand firsthand how difficult and stressful it is for employees to care for loved ones and still work effectively.

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job candidate’s wife keeps contacting me, even after I’ve told her to stop

Ask a Manager

A reader writes: I have a candidate in our hiring process. Due to the industry (skilled trades) I work in, we require a number of safety tickets, orientations, supplemental training, and coordination of flights and camp prior to an employee starting. This candidate, we will call him Bob, seems to be a good fit for the position, but I am having difficulties communicating with him because his wife, Sue, is very involved to the point of interfering.

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Connecting Your Resume, LinkedIn Profile, and Pitch

GetFive

What do your resume, LinkedIn profile, and two-minute pitch have in common? Well, each of these items are crucial snapshots of your skills, experience, and career, and therefore are vital tools to use when you’re on the job search. By emphasizing your skills, abilities, accomplishments, and experiences, it allows you to position yourself when it comes to job interviews and informational meetings.

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4 Steps To Hiring Your First Epic Employee

New to HR

There aren’t many things that beat that feeling of hiring your first employee. It’s confirmation all your hard work has paid off, that you have built up more business than you can handle alone and that heartwarming feeling that you. The post 4 Steps To Hiring Your First Epic Employee appeared first on New To HR.

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Early Tenure Turnover: Stop the Revolving Door of Hires

Speaker: Dr. Craig Ellis, Head of I-O Psychology, HighMatch

Are you facing a revolving door of hires, especially within their first 90 days of employment? In this webinar, Dr. Craig Ellis, a leading industrial-organizational (I-O) psychologist, offers insights and strategies to unravel the mystery behind early tenure turnover. Identify the root causes of early attrition to mitigate turnover’s impact in the first 12 months.

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Predictive Talent Analytics: Overcoming Barriers in HR

Outmatch

Predictive analytics has become the standard decision-making framework for finance, marketing, healthcare, retail, logistics, and countless other business operations. Predictive analytics also powers our non-working lives, from Amazon product recommendations to travel itineraries and social media news feeds. Predictive Talent Analytics – Where Do We Start?

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Medical School Full-Tuition Scholarships Provides Access

Edcor

Access to higher education because of tuition costs and student loan debt are problems that higher education students face. Especially medical students. This month NYU School of Medicine made a move to address these issues. It is offering medical school full-tuition scholarships to all current and future students in its MD program. The United States is facing worker shortages in many industries, including medicine.

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Why Automate Compensation Planning?

HRsoft

Compensation planning is an essential element of any successful business. Making strategic pay decisions can help to support an engaged workforce, as compensation is an important factor in employee satisfaction. Pay can also be leveraged to support your retention and talent acquisition strategy, as compensation can be factored into formulating an attractive employee value proposition.